Sulphites; of Sodium Price in Denmark - 2023
Contents:
- Sulphites; of Sodium Price in Denmark (CIF) - 2023
- Sulphites; of Sodium Price in Denmark (FOB) - 2022
- Sulphites; of Sodium Imports in Denmark
- Sulphites; of Sodium Exports in Denmark
Sulphites; of Sodium Price in Denmark (CIF) - 2023
The average sulphites; of sodium import price stood at $712 per ton in July 2023, rising by 2.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 45% against the previous month. As a result, import price attained the peak level of $881 per ton. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,200 per ton), while the price for Germany ($648 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphites; of Sodium Price in Denmark (FOB) - 2022
In 2022, the average sulphites; of sodium export price amounted to $684 per ton, flattening at the previous year. Overall, the export price, however, showed a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 50%. The export price peaked at $1,659 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greenland ($6,044 per ton), while the average price for exports to France ($402 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 Greenland (+26.5%), while the prices for the other major destinations experienced a decline.
Sulphites; of Sodium Imports in Denmark
In 2022, overseas purchases of sulphites; of sodia decreased by -7.2% to 3.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. As a result, imports reached the peak of 4.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphites; of sodium imports skyrocketed to $2.1M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sulphites; of Sodium in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,149 | 1,356 | 1,154 | 1,396 | 6.7% |
Spain | 0.5 | 3.4 | 8.9 | 339 | 778.5% |
Italy | 30.2 | 111 | 292 | 163 | 75.4% |
Turkey | 12.9 | 35.9 | 44.4 | 57.8 | 64.9% |
Sweden | 2.1 | 6.7 | 0.2 | 40.3 | 167.7% |
Others | 44.1 | 54.1 | 72.8 | 133 | 44.5% |
Total | 1,239 | 1,567 | 1,573 | 2,129 | 19.8% |
Top Suppliers of Sulphites; of Sodium to Denmark in 2022:
- Germany (1897.2 tons)
- Spain (537.9 tons)
- Italy (408.5 tons)
- Sweden (99.7 tons)
- Turkey (74.2 tons)
Sulphites; of Sodium Exports in Denmark
For the fourth consecutive year, Denmark recorded growth in overseas shipments of sulphites; of sodia, which increased by 4.6% to 787 tons in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 39% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, sulphites; of sodium exports rose to $539K in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Sulphites; of Sodium in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 115 | 67.6 | 164 | 162 | 12.1% |
Sweden | 82.6 | 113 | 96.0 | 51.4 | -14.6% |
Finland | 10.9 | 21.7 | 22.0 | 13.7 | 7.9% |
Ireland | 14.5 | 16.1 | 16.0 | 11.4 | -7.7% |
China | 6.8 | N/A | 0.3 | 8.1 | 6.0% |
France | 2.0 | 9.6 | 6.3 | 3.2 | 17.0% |
Faroe Islands | N/A | N/A | 116 | 2.2 | -98.1% |
Others | 13.7 | 36.3 | 93.5 | 286 | 175.3% |
Total | 245 | 264 | 513 | 539 | 30.1% |
Top Export Markets for Sulphites; of Sodium from Denmark in 2022:
- Norway (214.9 tons)
- Sweden (95.4 tons)
- Finland (26.3 tons)
- Ireland (19.3 tons)
- China (11.7 tons)
- France (7.9 tons)
- Faroe Islands (1.5 tons)
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