Sulphites; of Sodium Price in Russia - 2022

Contents:

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

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

In January 2022, the average sulphites; of sodium import price amounted to $740 per ton, surging by 28% against the previous month. Overall, import price indicated a notable expansion from January 2021 to January 2022: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, sulphites; of sodium import price increased by +58.8% against November 2021 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In January 2022, the country with the highest price was China ($844 per ton), while the price for Italy ($632 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average sulphites; of sodium export price amounted to $1,114 per ton, growing by 37% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $1,161 per ton in 2019; however, from 2020 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 Kazakhstan ($1,128 per ton), while the average price for exports to Ukraine ($543 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 Kazakhstan (+1.0%), while the prices for the other major destinations experienced a decline.

Sulphites; of Sodium Imports in Russia

For the third consecutive year, Russia recorded decline in purchases abroad of sulphites; of sodia, which decreased by -43.8% to 6.6K tons in 2022. Overall, imports faced a precipitous descent. The smallest decline of -5.6% was in 2020.

In value terms, sulphites; of sodium imports contracted markedly to $3.8M in 2022. Over the period under review, imports faced a sharp descent. The smallest decline of -12.9% was in 2021.

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

1. Germany (undefinedK tons)
2. Turkey (3.5K tons)
3. Italy (2.3K tons)
4. China (0.8K tons)

Sulphites; of Sodium Exports in Russia

After three years of growth, shipments abroad of sulphites; of sodia decreased by -59.9% to 741 tons in 2022. Overall, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 83%.

In value terms, sulphites; of sodium exports contracted rapidly to $826K in 2022. Over the period under review, exports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2020 when exports increased by 66% against the previous year.

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

1. Kazakhstan (711.0 tons)
2. Belarus (20.6 tons)
3. Ukraine (9.8 tons)

Source: IndexBox Market Intelligence Platform