Price for Sodium Sulphates; Other than Disodium Sulphate in Finland - 2023

Price for Sodium Sulphates; Other than Disodium Sulphate in Finland (CIF) - 2022

In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $291 per ton, approximately mirroring the previous year. Overall, the import price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 53%. As a result, import price reached the peak level of $398 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -3.3% per year.

Price for Sodium Sulphates; Other than Disodium Sulphate in Finland (FOB) - 2022

In 2022, the average export price for sodium sulphates; other than disodium sulphates amounted to $12,013 per ton, surging by 11% against the previous year. Overall, the export price showed a resilient increase. The growth pace was the most rapid in 2015 when the average export price increased by 48%. The export price peaked at $23,875 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($12,362 per ton), while the average price for exports to Sweden stood at $3,344 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+18.3%), while the prices for the other major destinations experienced a decline.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Finland

In 2022, supplies from abroad of sodium sulphates; other than disodium sulphates decreased by -34.8% to 9.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, imports reached the peak of 15K tons, and then reduced dramatically in the following year.

In value terms, imports of sodium sulphates; other than disodium sulphates shrank notably to $2.8M in 2022. Over the period under review, imports, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in 2021 when imports increased by 99% against the previous year. As a result, imports reached the peak of $4.3M, and then declined significantly in the following year.

Import of Sodium Sulphates; Other than Disodium Sulphate in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	2.6	2.0	4.2	2.5	-1.3%
Others	N/A	0.2	0.2	0.3	22.5%
Total	2.6	2.2	4.3	2.8	2.5%

Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Finland in 2022:

Spain (9.6K tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Finland

In 2022, approx. 858 kg of sodium sulphates; other than disodium sulphates were exported from Finland; picking up by 19% against 2021. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of sodium sulphates; other than disodium sulphates surged to $10K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 103% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.