Sulphides; of Sodium Price in New Zealand - 2023
Contents:
- Sulphides; of Sodium Price in New Zealand (CIF) - 2022
- Sulphides; of Sodium Price in New Zealand (FOB) - 2022
- Sulphides; of Sodium Imports in New Zealand
- Sulphides; of Sodium Exports in New Zealand
Sulphides; of Sodium Price in New Zealand (CIF) - 2022
In 2022, the average sulphides; of sodium import price amounted to $465 per ton, remaining constant against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the maximum at $542 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.7% per year.
Sulphides; of Sodium Price in New Zealand (FOB) - 2022
In 2022, the average sulphides; of sodium export price amounted to $60,104 per ton, with an increase of 4,746% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($69,749 per ton), while the average price for exports to Belgium ($43,333 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 China (+681.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphides; of Sodium Imports in New Zealand
In 2022, approx. 3K tons of sulphides; of sodia were imported into New Zealand; picking up by 13% compared with 2021. The total import volume increased at an average annual rate of +8.7% 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 2021 when imports increased by 14% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, sulphides; of sodium imports expanded rapidly to $1.4M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Sulphides; of Sodium in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 1.0 | 1.2 | 1.3 | 2.7% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 1.3 | 1.1 | 1.2 | 1.4 | 2.5% |
Top Suppliers of Sulphides; of Sodium to New Zealand in 2022:
- China (3.0K tons)
Sulphides; of Sodium Exports in New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of sulphides; of sodia, when their volume decreased by -96.5% to 308 kg. Overall, exports saw a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 72%. As a result, the exports reached the peak of 8.7 tons, and then declined remarkably in the following year.
In value terms, sulphides; of sodium exports skyrocketed to $19K in 2022. In general, exports, however, continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sulphides; of Sodium in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 1.2 | N/A | N/A | 12.8 | 120.1% |
| China | N/A | N/A | 1.1 | 5.0 | 354.5% |
| Belgium | N/A | N/A | N/A | 0.8 | 0% |
| Fiji | 0.1 | 0.5 | 0.9 | N/A | 200.0% |
| Australia | 2.6 | 2.5 | 4.3 | N/A | 28.6% |
| Others | 1.1 | 3.4 | 4.5 | N/A | 102.3% |
| Total | 5.0 | 6.5 | 10.8 | 18.5 | 54.7% |
Top Export Markets for Sulphides; of Sodium from New Zealand in 2022:
- Ghana (183.0 kg)
- China (107.0 kg)
- Belgium (18.0 kg)
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