Price for Sodium Sulphates; Other than Disodium Sulphate in the United States - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in the United States (FOB) - 2023
- Price for Sodium Sulphates; Other than Disodium Sulphate in the United States (CIF) - 2023
- Exports of Sodium Sulphates; Other than Disodium Sulphate in the United States
- Imports of Sodium Sulphates; Other than Disodium Sulphate in the United States
Price for Sodium Sulphates; Other than Disodium Sulphate in the United States (FOB) - 2023
The average export price for sodium sulphates; other than disodium sulphates stood at $285 per ton in December 2023, growing by 12% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 51% against the previous month. As a result, the export price reached the peak level of $397 per ton. From April 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($658 per ton), while the average price for exports to Canada ($199 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sodium Sulphates; Other than Disodium Sulphate in the United States (CIF) - 2023
The average import price for sodium sulphates; other than disodium sulphates stood at $227 per ton in December 2023, waning by -44.1% against the previous month. Over the period under review, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in March 2023 when the average import price increased by 91% month-to-month. Over the period under review, average import prices hit record highs at $925 per ton in July 2023; however, from August 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Spain ($295 per ton), while the price for Turkey amounted to $213 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Canada (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Sodium Sulphates; Other than Disodium Sulphate in the United States
In 2022, the amount of sodium sulphates; other than disodium sulphates exported from the United States surged to 81K tons, picking up by 51% compared with 2021 figures. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume 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, exports increased by +56.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of sodium sulphates; other than disodium sulphates surged to $21M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sodium Sulphates; Other than Disodium Sulphate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 6.2 | 5.9 | 6.5 | 7.7 | 7.5% |
| Canada | 2.6 | 2.2 | 3.1 | 5.0 | 24.4% |
| Brazil | 0.3 | 0.2 | 0.3 | 1.3 | 63.0% |
| Japan | 0.7 | 0.6 | 0.8 | 1.1 | 16.3% |
| Argentina | 0.9 | 1.2 | 0.6 | 0.8 | -3.9% |
| China | 0.6 | 0.7 | 0.6 | 0.5 | -5.9% |
| Chile | 0.5 | 0.5 | 0.6 | 0.5 | 0.0% |
| Others | 2.0 | 1.9 | 2.6 | 3.8 | 23.9% |
| Total | 13.9 | 13.1 | 14.9 | 20.7 | 14.2% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from the United States in 2022:
- Mexico (38.4K tons)
- Canada (28.6K tons)
- Brazil (2.8K tons)
- Japan (2.3K tons)
- Argentina (1.2K tons)
- Chile (1.1K tons)
- China (0.6K tons)
Imports of Sodium Sulphates; Other than Disodium Sulphate in the United States
In 2022, supplies from abroad of sodium sulphates; other than disodium sulphates decreased by -16.3% to 2.8K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2020 when imports increased by 145% against the previous year. As a result, imports attained the peak of 7.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of sodium sulphates; other than disodium sulphates surged to $3.1M in 2022. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 129%. As a result, imports reached the peak of $5.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Sodium Sulphates; Other than Disodium Sulphate in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 1,412 | 2,005 | 1,039 | 1,705 | 6.5% |
| China | 350 | 1,014 | 383 | 543 | 15.8% |
| Turkey | 388 | 652 | 854 | 533 | 11.2% |
| Canada | 183 | 55.2 | 110 | 105 | -16.9% |
| India | 90.1 | 120 | 12.2 | 60.6 | -12.4% |
| Mexico | N/A | N/A | N/A | 46.2 | 0% |
| Germany | 25.9 | 1,962 | 57.8 | 11.4 | -23.9% |
| Others | 127 | 93.9 | 13.3 | 77.4 | -15.2% |
| Total | 2,576 | 5,901 | 2,469 | 3,083 | 6.2% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to the United States in 2022:
- China (779.8 tons)
- Philippines (678.3 tons)
- Turkey (676.2 tons)
- Canada (450.3 tons)
- Mexico (107.7 tons)
- India (47.4 tons)
- Germany (18.4 tons)
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