Price for Sulphites; Other than of Sodium in Estonia - 2023

Contents:

  1. Price for Sulphites; Other than of Sodium in Estonia (CIF) - 2022
  2. Price for Sulphites; Other than of Sodium in Estonia (FOB) - 2022
  3. Imports of Sulphites; Other than of Sodium in Estonia
  4. Exports of Sulphites; Other than of Sodium in Estonia

Price for Sulphites; Other than of Sodium in Estonia (CIF) - 2022

The average import price for sulphites; other than of sodia stood at $4,114 per ton in 2022, surging by 41% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 an increase of 54%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($32,607 per ton), while the price for Belgium ($2,758 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphites; Other than of Sodium in Estonia (FOB) - 2022

The average export price for sulphites; other than of sodia stood at $667 per ton in 2022, with a decrease of -33.3% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 217% against the previous year. As a result, the export price attained the peak level of $12,237 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +1.7% per year.

Imports of Sulphites; Other than of Sodium in Estonia

In 2022, supplies from abroad of sulphites; other than of sodia decreased by -53.5% to 1 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 4.7% against the previous year. As a result, imports reached the peak of 4 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphites; other than of sodium imports contracted remarkably to $4.1K in 2022. In general, imports recorded a dramatic curtailment. The smallest decline of -7.6% was in 2020.

Import of Sulphites; Other than of Sodium in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia0.20.10.81.386.6%
Poland3.21.00.80.9-34.5%
DenmarkN/A8.90.80.7-72.0%
RussiaN/A0.20.40.787.1%
BelgiumN/A0.10.10.373.2%
Italy5.50.33.20.1-73.7%
Germany0.6N/AN/AN/A0%
France2.0N/AN/AN/A0%
LithuaniaN/A0.8N/AN/A0%
Others1.30.40.2N/A-60.8%
Total12.811.86.34.1-31.6%

Top Suppliers of Sulphites; Other than of Sodium to Estonia in 2022:

  1. Latvia (412.0 kg)
  2. Denmark (242.0 kg)
  3. Russia (170.0 kg)
  4. Belgium (99.0 kg)
  5. Italy (40.0 kg)
  6. Poland (28.0 kg)

Exports of Sulphites; Other than of Sodium in Estonia

In 2022, exports of sulphites; other than of sodia from Estonia soared to 15 kg, rising by 15% compared with the year before. Overall, exports, however, saw a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 18%.

In value terms, sulphites; other than of sodium exports dropped dramatically to $10 in 2022. Over the period under review, exports, however, showed a sharp contraction.

Export of Sulphites; Other than of Sodium in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia22922.013.010.0-64.8%
Lithuania180N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total40922.013.010.0-71.0%

Top Export Markets for Sulphites; Other than of Sodium from Estonia in 2022:

  1. Latvia (15.0 kg)

Source: IndexBox Market Intelligence Platform

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