Sulphites; of Sodium Price in Estonia - 2023
Contents:
Sulphites; of Sodium Price in Estonia (CIF) - 2022
In 2022, the average sulphites; of sodium import price amounted to $1,547 per ton, dropping by -18.8% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium import price increased by +48.4% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 50%. As a result, import price attained the peak level of $1,905 per ton, and then reduced dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($2,489 per ton), while the price for Latvia ($586 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; of Sodium Imports in Estonia
In 2022, supplies from abroad of sulphites; of sodia decreased by -27.4% to 28 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 39 tons, and then shrank dramatically in the following year.
In value terms, sulphites; of sodium imports reduced markedly to $43K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of $73K, and then shrank notably in the following year.
| Import of Sulphites; of Sodium in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.8 | 6.2 | 32.5 | 27.1 | 78.1% |
| Lithuania | N/A | 23.6 | 30.1 | 7.4 | -44.0% |
| Denmark | N/A | 4.1 | 8.0 | 3.4 | -8.9% |
| Finland | N/A | 2.3 | 1.7 | 3.1 | 16.1% |
| Italy | 3.5 | 2.2 | N/A | 1.3 | -28.1% |
| Latvia | N/A | 0.7 | N/A | 0.8 | 6.9% |
| Hungary | N/A | 2.7 | N/A | N/A | 0% |
| France | 4.7 | N/A | N/A | N/A | 0% |
| Poland | 0.5 | 0.5 | N/A | N/A | 0.0% |
| Turkey | 4.0 | N/A | N/A | N/A | 0% |
| Others | 25.5 | 0.4 | 1.1 | 0.3 | -77.3% |
| Total | 42.9 | 42.8 | 73.4 | 43.3 | 0.3% |
Top Suppliers of Sulphites; of Sodium to Estonia in 2022:
- Poland (undefined tons)
- Belgium (10.9 tons)
- Lithuania (8.6 tons)
- Finland (3.3 tons)
- Denmark (2.5 tons)
- Latvia (1.3 tons)
- Italy (1.2 tons)
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