Sulphites; Thiosulphates Price in Estonia - 2023

Contents:

  1. Sulphites; Thiosulphates Price in Estonia (FOB) - 2022
  2. Sulphites; Thiosulphates Price in Estonia (CIF) - 2022
  3. Sulphites; Thiosulphates Exports in Estonia
  4. Sulphites; Thiosulphates Imports in Estonia

Sulphites; Thiosulphates Price in Estonia (FOB) - 2022

The average sulphites; thiosulphates export price stood at $2,379 per ton in 2022, increasing by 103% against the previous year. In general, the export price continues to indicate moderate growth. Over the period under review, the average export prices hit record highs at $2,988 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,534 per ton), while the average price for exports to Latvia ($1,111 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 Latvia (-3.5%).

Sulphites; Thiosulphates Price in Estonia (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $1,589 per ton, dropping by -13.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2017 an increase of 35% against the previous year. The import price peaked at $1,835 per ton in 2021, and then shrank in the following year.

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 India ($3,313 per ton), while the price for Turkey ($698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Exports in Estonia

Sulphites; thiosulphates exports from Estonia soared to 24 tons in 2022, growing by 7,764% against 2021. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; thiosulphates exports skyrocketed to $56K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphites; Thiosulphates in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A53.20%
TurkeyN/AN/AN/A2.90%
Latvia1.3N/A0.4N/A-44.5%
Others0.2N/AN/AN/A0%
Total1.5N/A0.456.1234.4%

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

  1. Latvia (undefined tons)
  2. Russia (21.0 tons)
  3. Turkey (2.6 tons)

Sulphites; Thiosulphates Imports in Estonia

In 2022, purchases abroad of sulphites; thiosulphateses decreased by -26.9% to 34 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, imports reached the peak of 60 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphites; thiosulphates imports reduced remarkably to $54K in 2022. In general, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 36% against the previous year.

Import of Sulphites; Thiosulphates in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.21.55.27.080.0%
Italy9.028.625.34.5-20.6%
France6.713.19.04.1-15.1%
Belgium4.817.09.53.5-10.0%
Turkey4.00.80.93.3-6.2%
Latvia0.20.20.82.1119.0%
Poland3.70.4N/A2.0-18.5%
HungaryN/A3.4N/AN/A0%
Others32.018.635.227.9-4.5%
Total61.583.585.954.3-4.1%

Top Suppliers of Sulphites; Thiosulphates to Estonia in 2022:

  1. Germany (5.3 tons)
  2. Turkey (4.8 tons)
  3. Italy (4.6 tons)
  4. Poland (2.7 tons)
  5. France (2.7 tons)
  6. Latvia (1.7 tons)
  7. Belgium (1.2 tons)

Source: IndexBox Market Intelligence Platform

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