Sulphites; Thiosulphates Price in Belgium - 2023

Sulphites; Thiosulphates Price in Belgium (FOB) - 2022

The average sulphites; thiosulphates export price stood at $528 per ton in 2022, jumping by 39% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates export price increased by +95.6% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($979 per ton), while the average price for exports to Germany ($282 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 Ireland (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Belgium (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $627 per ton, growing by 33% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +103.2% against 2018 indices. 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 France ($997 per ton), while the price for Italy ($432 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Exports in Belgium

After three years of growth, shipments abroad of sulphites; thiosulphateses decreased by -20.2% to 51K tons in 2022. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 63K tons, and then reduced dramatically in the following year.

In value terms, sulphites; thiosulphates exports expanded rapidly to $27M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.4% 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 +61.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 41%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Sulphites; Thiosulphates in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	3.2	2.9	3.9	6.9	29.2%
Netherlands	2.7	2.8	3.3	4.6	19.4%
Australia	2.4	3.1	3.8	2.8	5.3%
Spain	1.9	2.1	2.4	2.2	5.0%
Peru	0.2	0.2	0.3	1.3	86.6%
United Kingdom	0.9	0.6	0.8	1.0	3.6%
Chile	0.4	0.2	0.6	0.9	31.0%
Germany	0.4	0.4	0.6	0.7	20.5%
Uruguay	N/A	0.1	0.7	0.5	123.6%
Others	4.4	4.7	7.6	5.9	10.3%
Total	16.5	17.0	24.0	26.7	17.4%

Top Export Markets for Sulphites; Thiosulphates from Belgium in 2022:

France (15.0K tons)
Netherlands (14.0K tons)
Spain (4.1K tons)
Australia (3.1K tons)
Germany (2.4K tons)
Peru (2.0K tons)
Uruguay (1.5K tons)
Chile (1.2K tons)
United Kingdom (1.0K tons)

Sulphites; Thiosulphates Imports in Belgium

In 2022, approx. 18K tons of sulphites; thiosulphateses were imported into Belgium; dropping by -37% against 2021. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of 29K tons, and then shrank dramatically in the following year.

In value terms, sulphites; thiosulphates imports fell sharply to $11M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 83%. As a result, imports attained the peak of $14M, and then plummeted in the following year.

Import of Sulphites; Thiosulphates in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.8	3.1	3.9	6.6	11.2%
France	1.2	1.1	4.9	2.1	20.5%
Italy	1.3	1.6	2.8	1.7	9.4%
Netherlands	0.5	0.5	0.7	0.3	-15.7%
Austria	0.2	0.6	0.5	N/A	58.1%
Others	0.4	0.5	0.9	0.7	20.5%
Total	8.4	7.4	13.6	11.4	10.7%