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

Contents:

  1. Price for Sodium Sulphates; Other than Disodium Sulphate in Greece (CIF) - 2022
  2. Price for Sodium Sulphates; Other than Disodium Sulphate in Greece (FOB) - 2022
  3. Imports of Sodium Sulphates; Other than Disodium Sulphate in Greece
  4. Exports of Sodium Sulphates; Other than Disodium Sulphate in Greece

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

In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $281 per ton, growing by 14% against the previous year. Over the period under review, the import price continues to indicate a perceptible increase. The growth pace was the most rapid in 2013 an increase of 164% against the previous year. The import price peaked at $760 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($335 per ton), while the price for Italy ($207 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for sodium sulphates; other than disodium sulphates amounted to $271 per ton, dropping by -51.9% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 106%. Over the period under review, the average export prices attained the peak figure at $1,205 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($549 per ton), while the average price for exports to Bosnia and Herzegovina ($125 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+21.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Greece

In 2022, supplies from abroad of sodium sulphates; other than disodium sulphates decreased by -5.9% to 887 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports reached the peak of 942 tons, and then dropped in the following year.

In value terms, imports of sodium sulphates; other than disodium sulphates expanded remarkably to $249K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Sodium Sulphates; Other than Disodium Sulphate in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany90.986.985.414516.8%
Italy29.344.083.060.527.3%
Turkey39.033.235.027.8-10.7%
Spain9.315.923.315.418.3%
Others1.10.16.40.5-23.1%
Total17018023324913.6%

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

  1. Germany (456.0 tons)
  2. Italy (292.5 tons)
  3. Turkey (91.7 tons)
  4. Spain (46.2 tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Greece

In 2022, overseas shipments of sodium sulphates; other than disodium sulphates decreased by -58% to 71 tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 4,559%. As a result, the exports attained the peak of 428 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of sodium sulphates; other than disodium sulphates contracted significantly to $19K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 8,353% against the previous year. As a result, the exports reached the peak of $516K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Sodium Sulphates; Other than Disodium Sulphate in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia3.34.53.67.129.1%
Albania1.71.322.95.951.4%
Bosnia and HerzegovinaN/A3.56.55.828.7%
AlgeriaN/A43661.7N/A-85.8%
UkraineN/A70.2N/AN/A0%
Others1.1N/A0.40.4-28.6%
Total6.151695.119.246.6%

Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Greece in 2022:

  1. Bosnia and Herzegovina (46.1 tons)
  2. North Macedonia (12.9 tons)
  3. Albania (11.7 tons)

Source: IndexBox Market Intelligence Platform

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