Sulphites; of Sodium Price in Ireland - 2023

Contents:

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

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

In 2022, the average sulphites; of sodium import price amounted to $707 per ton, picking up by 55% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,583 per ton), while the price for Germany ($449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average sulphites; of sodium export price amounted to $3,661 per ton, with an increase of 51% against the previous year. In general, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2016 an increase of 192% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($8,533 per ton), while the average price for exports to France ($2,135 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 Spain (+436.0%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; of Sodium Imports in Ireland

In 2022, imports of sulphites; of sodia into Ireland amounted to 1.8K tons, rising by 3.5% compared with 2021. In general, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 138% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphites; of sodium imports surged to $1.3M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (1071.6 tons)
2. United Kingdom (522.7 tons)
3. Spain (111.9 tons)
4. Belgium (74.6 tons)
5. Italy (12.3 tons)

Sulphites; of Sodium Exports in Ireland

Sulphites; of sodium exports from Ireland reduced remarkably to 26 tons in 2022, waning by -39% against the previous year. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 89%. As a result, the exports attained the peak of 43 tons, and then reduced sharply in the following year.

In value terms, sulphites; of sodium exports dropped to $96K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 148% against the previous year. As a result, the exports attained the peak of $104K, and then reduced in the following year.

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

1. United Kingdom (15.7 tons)
2. South Africa (6.0 tons)
3. Spain (1.6 tons)
4. France (1.5 tons)
5. Saudi Arabia (1.1 tons)

Source: IndexBox Market Intelligence Platform