Sulphides; of Sodium Price in the United States - 2023
Contents:
- Sulphides; of Sodium Price in the United States (FOB) - 2023
- Sulphides; of Sodium Price in the United States (CIF) - 2023
- Sulphides; of Sodium Exports in the United States
- Sulphides; of Sodium Imports in the United States
Sulphides; of Sodium Price in the United States (FOB) - 2023
In June 2023, the average sulphides; of sodium export price amounted to $670 per ton, surging by 6.5% against the previous month. Overall, the export price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in March 2023 an increase of 20% m-o-m. Over the period under review, the average export prices hit record highs at $828 per ton in September 2022; however, from October 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was Peru ($666 per ton), while the average price for exports to Canada ($555 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.5%), while the prices for the other major destinations experienced a decline.
Sulphides; of Sodium Price in the United States (CIF) - 2023
The average sulphides; of sodium import price stood at $1,028 per ton in June 2023, which is down by -5.6% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 9.2% m-o-m. As a result, import price attained the peak level of $1,210 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,357 per ton), while the price for Austria ($470 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Singapore (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphides; of Sodium Exports in the United States
In 2022, shipments abroad of sulphides; of sodia was finally on the rise to reach 116K tons after two years of decline. Overall, exports, however, recorded a noticeable downturn.
In value terms, sulphides; of sodium exports surged to $88M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Sulphides; of Sodium in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 45.7 | 35.5 | 31.4 | 56.2 | 7.1% |
Mexico | 12.8 | 13.2 | 11.5 | 17.9 | 11.8% |
Canada | 5.0 | 5.2 | 4.0 | 6.5 | 9.1% |
Chile | 4.3 | 1.5 | N/A | 5.3 | 7.2% |
Others | 6.8 | 4.5 | 5.7 | 2.6 | -27.4% |
Total | 74.6 | 59.8 | 52.7 | 88.5 | 5.9% |
Top Export Markets for Sulphides; of Sodium from the United States in 2022:
- Peru (72.3K tons)
- Mexico (29.2K tons)
- Chile (7.8K tons)
- Canada (6.0K tons)
Sulphides; of Sodium Imports in the United States
In 2022, approx. 9.6K tons of sulphides; of sodia were imported into the United States; declining by -30.6% compared with the year before. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of 14K tons, and then declined dramatically in the following year.
In value terms, sulphides; of sodium imports reduced modestly to $10M in 2022. Over the period under review, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year.
Import of Sulphides; of Sodium in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 5.7 | 5.8 | 7.6 | 8.9 | 16.0% |
China | 1.6 | 1.4 | 1.2 | 1.2 | -9.1% |
Germany | 2.1 | 0.4 | 0.4 | N/A | -56.4% |
Singapore | 1.2 | 0.7 | 0.9 | N/A | -13.4% |
Others | 0.6 | 0.1 | 0.8 | 0.2 | -30.7% |
Total | 11.1 | 8.4 | 10.7 | 10.3 | -2.5% |
Top Suppliers of Sulphides; of Sodium to the United States in 2022:
- Germany (undefinedK tons)
- Mexico (8.1K tons)
- China (1.3K tons)
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