Sulphides; of Sodium Price in the UK - 2023
Contents:
- Sulphides; of Sodium Price in the UK (CIF) - 2023
- Sulphides; of Sodium Price in the UK (FOB) - 2022
- Sulphides; of Sodium Imports in the UK
- Sulphides; of Sodium Exports in the UK
Sulphides; of Sodium Price in the UK (CIF) - 2023
In May 2023, the average sulphides; of sodium import price amounted to $1,160 per ton, reducing by -27.4% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 30% month-to-month. Over the period under review, average import prices hit record highs at $1,752 per ton in January 2023; however, from February 2023 to May 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was France ($1,300 per ton), while the price for China amounted to $1,124 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphides; of Sodium Price in the UK (FOB) - 2022
In 2022, the average sulphides; of sodium export price amounted to $4,014 per ton, dropping by -68% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 193% against the previous year. The export price peaked at $14,216 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($2,517 per ton), while the average price for exports to Qatar amounted to $875 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphides; of Sodium Imports in the UK
Sulphides; of sodium imports into the UK soared to 4.1K tons in 2022, increasing by 64% against the previous year. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 67% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, sulphides; of sodium imports skyrocketed to $2.8M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sulphides; of Sodium in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 116 | 144 | 19.2 | 1,065 | 109.4% |
France | 244 | 585 | 621 | 834 | 50.6% |
Germany | 6.3 | 18.8 | 147 | 515 | 334.0% |
Belgium | 719 | 598 | 763 | 266 | -28.2% |
Italy | N/A | N/A | N/A | 125 | 0% |
Austria | N/A | 118 | N/A | N/A | 0% |
Others | 47.0 | 1.9 | 54.4 | 12.8 | -35.2% |
Total | 1,133 | 1,465 | 1,605 | 2,818 | 35.5% |
Top Suppliers of Sulphides; of Sodium to the UK in 2022:
- China (2097.1 tons)
- France (907.9 tons)
- Germany (627.4 tons)
- Belgium (367.3 tons)
- Italy (78.3 tons)
Sulphides; of Sodium Exports in the UK
For the fourth consecutive year, the UK recorded growth in overseas shipments of sulphides; of sodia, which increased by 86% to 3.1 tons in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphides; of sodium exports declined notably to $13K in 2022. Overall, exports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 197%. As a result, the exports attained the peak of $21K, and then shrank markedly in the following year.
Export of Sulphides; of Sodium in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 6.0 | 4.4 | 0.1 | 2.3 | -27.4% |
Qatar | N/A | N/A | N/A | 1.9 | 0% |
Germany | 4.3 | 0.5 | 19.7 | N/A | 114.0% |
Italy | 1.6 | 0.7 | N/A | N/A | -56.3% |
Others | 2.8 | 1.6 | 1.4 | 8.3 | 43.7% |
Total | 14.7 | 7.1 | 21.1 | 12.5 | -5.3% |
Top Export Markets for Sulphides; of Sodium from the UK in 2022:
- Qatar (2.2 tons)
- Ireland (0.9 tons)
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