Sulphates; of Aluminium Price in Serbia - 2023
Contents:
- Sulphates; of Aluminium Price in Serbia (FOB) - 2022
- Sulphates; of Aluminium Price in Serbia (CIF) - 2022
- Sulphates; of Aluminium Exports in Serbia
- Sulphates; of Aluminium Imports in Serbia
Sulphates; of Aluminium Price in Serbia (FOB) - 2022
The average sulphates; of aluminium export price stood at $274 per ton in 2022, jumping by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($333 per ton), while the average price for exports to North Macedonia ($251 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 Italy (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphates; of Aluminium Price in Serbia (CIF) - 2022
The average sulphates; of aluminium import price stood at $352 per ton in 2022, declining by -51.2% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2020 an increase of 144%. As a result, import price reached the peak level of $973 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,514 per ton), while the price for Turkey ($290 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Aluminium Exports in Serbia
In 2022, after three years of growth, there was significant decline in shipments abroad of sulphates; of aluminia, when their volume decreased by -48.7% to 1.7K tons. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 143% against the previous year.
In value terms, sulphates; of aluminium exports declined notably to $463K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 139% against the previous year.
Export of Sulphates; of Aluminium in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 44.5 | 194 | 257 | 228 | 72.4% |
Italy | 124 | 94.3 | 124 | 120 | -1.1% |
North Macedonia | 74.2 | 312 | 372 | 115 | 15.7% |
Others | 11.0 | 6.0 | 3.7 | 0.1 | -79.1% |
Total | 253 | 606 | 756 | 463 | 22.3% |
Top Export Markets for Sulphates; of Aluminium from Serbia in 2022:
- Bosnia and Herzegovina (866.8 tons)
- North Macedonia (460.0 tons)
- Italy (360.0 tons)
Sulphates; of Aluminium Imports in Serbia
In 2022, imports of sulphates; of aluminia into Serbia skyrocketed to 257 tons, with an increase of 164% on the previous year. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; of aluminium imports surged to $91K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 207%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Sulphates; of Aluminium in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | N/A | N/A | N/A | 48.7 | 0% |
Hungary | 0.4 | 28.2 | 48.2 | 22.2 | 281.4% |
Turkey | 5.7 | N/A | N/A | 6.7 | 5.5% |
Spain | 1.7 | N/A | 10.9 | 6.5 | 56.4% |
India | 1.0 | 3.7 | 1.9 | 1.6 | 17.0% |
Finland | N/A | N/A | 5.9 | N/A | 0% |
Romania | 1.5 | 2.5 | 0.3 | N/A | -55.3% |
Others | 1.5 | 2.0 | 3.4 | 5.1 | 50.4% |
Total | 11.9 | 36.5 | 70.5 | 90.7 | 96.8% |
Top Suppliers of Sulphates; of Aluminium to Serbia in 2022:
- Slovenia (168.0 tons)
- Hungary (57.8 tons)
- Turkey (23.0 tons)
- Spain (4.3 tons)
- India (2.2 tons)
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