Sulphites; of Sodium Price in the Netherlands - 2023

Contents:

  1. Sulphites; of Sodium Price in the Netherlands (CIF) - 2023
  2. Sulphites; of Sodium Price in the Netherlands (FOB) - 2023
  3. Sulphites; of Sodium Imports in the Netherlands
  4. Sulphites; of Sodium Exports in the Netherlands

Sulphites; of Sodium Price in the Netherlands (CIF) - 2023

In August 2023, the average sulphites; of sodium import price amounted to $409 per ton, with an increase of 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 38% month-to-month. The import price peaked at $522 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Norway ($1,551 per ton), while the price for Thailand amounted to $731 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Norway (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Price in the Netherlands (FOB) - 2023

The average sulphites; of sodium export price stood at $1,015 per ton in August 2023, which is down by -8.1% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 81% m-o-m. Over the period under review, the average export prices hit record highs at $1,221 per ton in March 2023; however, from April 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Mexico ($8,964 per ton), while the average price for exports to the UK ($2,320 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+79.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; of Sodium Imports in the Netherlands

In 2022, purchases abroad of sulphites; of sodia decreased by -0.2% to 35K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, imports attained the peak of 35K tons, leveling off in the following year.

In value terms, sulphites; of sodium imports skyrocketed to $13M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Sulphites; of Sodium in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.35.26.07.210.8%
Belgium1.21.31.33.441.5%
Thailand0.50.80.80.921.6%
Italy0.70.70.80.6-5.0%
France0.10.10.10.458.7%
Others0.40.41.80.40.0%
Total8.28.510.912.916.3%

Top Suppliers of Sulphites; of Sodium to the Netherlands in 2022:

  1. Germany (16.2K tons)
  2. Belgium (14.3K tons)
  3. Italy (1.3K tons)
  4. France (1.0K tons)
  5. Thailand (1.0K tons)

Sulphites; of Sodium Exports in the Netherlands

In 2022, exports of sulphites; of sodia from the Netherlands contracted to 4.7K tons, falling by -14.8% on the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of 5.6K tons, and then declined in the following year.

In value terms, sulphites; of sodium exports rose significantly to $3.8M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +85.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Sulphites; of Sodium in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EcuadorN/AN/AN/A1,2500%
Germany1,4871,3642,3801,150-8.2%
Belgium555359265462-5.9%
France22357.8250211-1.8%
JordanN/A5.0N/A100347.2%
United Kingdom39.815.229.372.822.3%
Others26925954956828.3%
Total2,5732,0613,4733,81314.0%

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

  1. Ecuador (1837.5 tons)
  2. Germany (1194.0 tons)
  3. Belgium (589.4 tons)
  4. France (435.4 tons)
  5. United Kingdom (100.2 tons)
  6. Jordan (98.0 tons)

Source: IndexBox Market Intelligence Platform

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