Sulphites; of Sodium Price in Greece - 2023

Contents:

1. Sulphites; of Sodium Price in Greece (CIF) - 2022
2. Sulphites; of Sodium Price in Greece (FOB) - 2022
3. Sulphites; of Sodium Imports in Greece
4. Sulphites; of Sodium Exports in Greece

Sulphites; of Sodium Price in Greece (CIF) - 2022

In 2022, the average sulphites; of sodium import price amounted to $975 per ton, increasing by 66% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 +70.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Spain ($2,283 per ton), while the price for Turkey ($793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Price in Greece (FOB) - 2022

In 2022, the average sulphites; of sodium export price amounted to $5,038 per ton, jumping by 78% against the previous year. Over the period under review, the export price showed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($20,323 per ton), while the average price for exports to Cameroon ($94 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 Serbia (+62.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; of Sodium Imports in Greece

After three years of growth, overseas purchases of sulphites; of sodia decreased by -19.9% to 1.1K tons in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 64%. As a result, imports reached the peak of 1.4K tons, and then shrank sharply in the following year.

In value terms, sulphites; of sodium imports surged to $1.1M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. Germany (509.9 tons)
2. Turkey (369.9 tons)
3. Italy (184.9 tons)
4. Spain (33.5 tons)

Sulphites; of Sodium Exports in Greece

In 2022, after three years of growth, there was significant decline in shipments abroad of sulphites; of sodia, when their volume decreased by -11.6% to 88 tons. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, the exports attained the peak of 100 tons, and then reduced in the following year.

In value terms, sulphites; of sodium exports skyrocketed to $445K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 105%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Sulphites; of Sodium from Greece in 2022:

1. Turkey (17.7 tons)
2. Albania (15.8 tons)
3. Cyprus (10.8 tons)
4. Malta (6.1 tons)
5. Liberia (5.4 tons)
6. Bahamas (4.9 tons)
7. Marshall Islands (4.0 tons)
8. Panama (3.8 tons)
9. Cameroon (3.4 tons)
10. North Macedonia (3.3 tons)
11. Germany (2.4 tons)
12. Romania (1.7 tons)
13. Serbia (1.7 tons)

Source: IndexBox Market Intelligence Platform