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

Contents:

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

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

The average import price for sodium sulphates; other than disodium sulphates stood at $365 per ton in 2022, picking up by 11% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sodium sulphates; other than disodium sulphates decreased by -13.1% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 54%. Over the period under review, average import prices reached the maximum at $574 per ton in 2016; however, from 2017 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 France ($1,389 per ton), while the price for Hungary ($68 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for sodium sulphates; other than disodium sulphates stood at $889 per ton in 2022, waning by -18.1% against the previous year. Over the period under review, the export price recorded a slight curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 473% against the previous year. As a result, the export price attained the peak level of $2,328 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($3,357 per ton), while the average price for exports to Greece ($278 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 Brazil (+48.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Italy

After three years of growth, overseas purchases of sodium sulphates; other than disodium sulphates decreased by -6.3% to 9.9K tons in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of 11K tons, and then dropped in the following year.

In value terms, imports of sodium sulphates; other than disodium sulphates expanded slightly to $3.6M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Sodium Sulphates; Other than Disodium Sulphate in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7151,7641,7401,9734.8%
Spain31259966696545.7%
Turkey367353627366-0.1%
Austria0.614.3160203596.8%
Hungary39.435.835.020.9-19.1%
Others13545124177.9-16.7%
Total2,5693,2173,4693,60612.0%

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

  1. Germany (3.9K tons)
  2. Spain (2.9K tons)
  3. Austria (1.6K tons)
  4. Turkey (1.0K tons)
  5. Hungary (0.3K tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Italy

In 2022, exports of sodium sulphates; other than disodium sulphates from Italy reduced notably to 556 tons, declining by -42.5% on 2021 figures. In general, exports saw a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 89%. As a result, the exports reached the peak of 966 tons, and then shrank notably in the following year.

In value terms, exports of sodium sulphates; other than disodium sulphates declined rapidly to $494K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 377% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Sodium Sulphates; Other than Disodium Sulphate in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A1626911630.3%
AlgeriaN/AN/AN/A56.40%
Greece26.938.476.054.026.1%
Spain0.20.42.551.6536.6%
Lebanon86.3N/AN/A39.2-23.1%
Croatia4.32.729.319.164.4%
North Macedonia16.9N/A3.02.6-46.4%
CubaN/A690162N/A-76.5%
Others11529984.2108-2.1%
Total2501,1921,04749425.5%

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

  1. Greece (194.3 tons)
  2. Lebanon (98.0 tons)
  3. United Kingdom (87.0 tons)
  4. Spain (59.9 tons)
  5. Croatia (54.4 tons)
  6. Algeria (21.2 tons)
  7. North Macedonia (7.9 tons)

Source: IndexBox Market Intelligence Platform

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