Sulphides; of Sodium Price in Canada - 2023

Contents:

  1. Sulphides; of Sodium Price in Canada (CIF) - 2022
  2. Sulphides; of Sodium Price in Canada (FOB) - 2023
  3. Sulphides; of Sodium Imports in Canada
  4. Sulphides; of Sodium Exports in Canada

Sulphides; of Sodium Price in Canada (CIF) - 2022

The average sulphides; of sodium import price stood at $924 per ton in 2022, growing by 59% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 France ($1,434 per ton), while the price for the United States ($868 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphides; of Sodium Price in Canada (FOB) - 2023

The average sulphides; of sodium export price stood at $1,043 per ton in May 2023, therefore, remained relatively stable against the previous month. Overall, the export price enjoyed a buoyant increase. The growth pace was the most rapid in February 2023 an increase of 1.4% against the previous month. Over the period under review, the average export prices attained the peak figure in May 2023.

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

From October 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to 0.0% per month.

Sulphides; of Sodium Imports in Canada

In 2022, imports of sulphides; of sodia into Canada amounted to 7K tons, picking up by 4% compared with the previous year's figure. In general, imports, however, continue to indicate a perceptible decrease. The growth pace was the most rapid in 2020 when imports increased by 10%. As a result, imports attained the peak of 8.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sulphides; of sodium imports soared to $6.5M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphides; of Sodium in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.34.63.55.26.5%
Mexico0.30.30.31.049.4%
France0.2N/AN/A0.20.0%
China0.20.1N/A0.1-20.6%
Others0.10.10.1N/A0.0%
Total4.95.03.96.59.9%

Top Suppliers of Sulphides; of Sodium to Canada in 2022:

  1. United States (6.0K tons)
  2. Mexico (0.8K tons)
  3. France (0.1K tons)
  4. China (0.1K tons)

Sulphides; of Sodium Exports in Canada

In 2022, shipments abroad of sulphides; of sodia decreased by -8.3% to 281 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 311%. As a result, the exports attained the peak of 849 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sulphides; of sodium exports surged to $534K in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 341%. As a result, the exports reached the peak of $738K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Sulphides; of Sodium in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16773731053347.2%
Others0.20.10.30.535.7%
Total16773831153447.3%

Top Export Markets for Sulphides; of Sodium from Canada in 2022:

  1. United States (280.0 tons)

Source: IndexBox Market Intelligence Platform

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