Price for Sodium Sulphates; Other than Disodium Sulphate in Germany - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Germany (CIF) - 2023
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Germany
Price for Sodium Sulphates; Other than Disodium Sulphate in Germany (CIF) - 2023
In October 2023, the average import price for sodium sulphates; other than disodium sulphates amounted to $1,362 per ton, picking up by 246% against the previous month. Overall, the import price showed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was China ($1,410 per ton), while the price for the United States stood at $1,375 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Sodium Sulphates; Other than Disodium Sulphate in Germany
In 2022, approx. 12K tons of sodium sulphates; other than disodium sulphates were imported into Germany; growing by 17% against 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of sodium sulphates; other than disodium sulphates surged to $4.2M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 675 | 761 | 813 | 1,081 | 17.0% |
| France | 81.7 | 489 | 609 | 912 | 123.5% |
| Austria | 479 | 369 | 792 | 738 | 15.5% |
| Netherlands | 155 | 82.8 | 308 | 691 | 64.6% |
| Belgium | 786 | 196 | 535 | 339 | -24.4% |
| Poland | 6.6 | 5.9 | 4.1 | 149 | 182.6% |
| Sweden | 190 | 142 | 118 | 80.0 | -25.0% |
| Others | 361 | 409 | 171 | 257 | -10.7% |
| Total | 2,735 | 2,454 | 3,350 | 4,246 | 15.8% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Germany in 2022:
- Austria (3.6K tons)
- Spain (3.2K tons)
- Netherlands (1.4K tons)
- France (1.3K tons)
- Sweden (0.8K tons)
- Poland (0.7K tons)
- Belgium (0.6K tons)
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