Sulphites; of Sodium Price in Azerbaijan - 2023

Contents:

1. Sulphites; of Sodium Price in Azerbaijan (CIF) - 2023
2. Sulphites; of Sodium Imports in Azerbaijan

Sulphites; of Sodium Price in Azerbaijan (CIF) - 2023

The average sulphites; of sodium import price stood at $532 per ton in July 2023, leveling off at the previous month. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in October 2022 when the average import price increased by 317% against the previous month. As a result, import price reached the peak level of $6,007 per ton. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Turkey ($1,116 per ton), while the price for Iran totaled $530 per ton.

From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Iran (0.0%), while the prices for the other major suppliers experienced a decline.

Sulphites; of Sodium Imports in Azerbaijan

In 2022, overseas purchases of sulphites; of sodia were finally on the rise to reach 134 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp decrease.

In value terms, sulphites; of sodium imports surged to $223K in 2022. Overall, imports, however, showed a abrupt setback.

Top Suppliers of Sulphites; of Sodium to Azerbaijan in 2022:

1. Turkey (83.1 tons)
2. China (25.0 tons)
3. Belarus (12.0 tons)
4. Italy (8.1 tons)
5. Iran (2.0 tons)

Source: IndexBox Market Intelligence Platform