Sulphides; of Sodium Price in the UK - 2023

Contents:

  1. Sulphides; of Sodium Price in the UK (CIF) - 2023
  2. Sulphides; of Sodium Price in the UK (FOB) - 2022
  3. Sulphides; of Sodium Imports in the UK
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China11614419.21,065109.4%
France24458562183450.6%
Germany6.318.8147515334.0%
Belgium719598763266-28.2%
ItalyN/AN/AN/A1250%
AustriaN/A118N/AN/A0%
Others47.01.954.412.8-35.2%
Total1,1331,4651,6052,81835.5%

Top Suppliers of Sulphides; of Sodium to the UK in 2022:

  1. China (2097.1 tons)
  2. France (907.9 tons)
  3. Germany (627.4 tons)
  4. Belgium (367.3 tons)
  5. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland6.04.40.12.3-27.4%
QatarN/AN/AN/A1.90%
Germany4.30.519.7N/A114.0%
Italy1.60.7N/AN/A-56.3%
Others2.81.61.48.343.7%
Total14.77.121.112.5-5.3%

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

  1. Qatar (2.2 tons)
  2. Ireland (0.9 tons)

Source: IndexBox Market Intelligence Platform

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