Sulphites; Thiosulphates Price in Spain - 2023
Contents:
- Sulphites; Thiosulphates Price in Spain (CIF) - 2022
- Sulphites; Thiosulphates Price in Spain (FOB) - 2023
- Sulphites; Thiosulphates Imports in Spain
- Sulphites; Thiosulphates Exports in Spain
Sulphites; Thiosulphates Price in Spain (CIF) - 2022
The average sulphites; thiosulphates import price stood at $604 per ton in 2022, jumping by 54% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 +102.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Turkey ($718 per ton), while the price for Belgium ($444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; Thiosulphates Price in Spain (FOB) - 2023
In August 2023, the average sulphites; thiosulphates export price amounted to $1,033 per ton, declining by -22.8% against the previous month. In general, the export price recorded a pronounced setback. The pace of growth appeared the most rapid in July 2023 an increase of 23% m-o-m. The export price peaked at $1,639 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Angola ($1,816 per ton), while the average price for exports to Tunisia ($590 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 Portugal (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphites; Thiosulphates Imports in Spain
In 2022, approx. 34K tons of sulphites; thiosulphateses were imported into Spain; waning by -10.4% on 2021 figures. In general, imports continue to indicate a abrupt curtailment. The smallest decline of -7.2% was in 2021.
In value terms, sulphites; thiosulphates imports skyrocketed to $21M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +67.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.8 | 5.4 | 8.0 | 11.7 | 26.4% |
| Italy | 5.3 | 4.0 | 3.1 | 3.6 | -12.1% |
| Turkey | 0.6 | 0.6 | 1.2 | 1.9 | 46.8% |
| Belgium | 1.0 | 1.1 | 1.4 | 1.3 | 9.1% |
| France | 0.3 | 0.4 | 0.5 | 1.1 | 54.2% |
| Others | 1.1 | 0.9 | 1.0 | 1.2 | 2.9% |
| Total | 14.1 | 12.4 | 15.1 | 20.8 | 13.8% |
Top Suppliers of Sulphites; Thiosulphates to Spain in 2022:
- Germany (19.5K tons)
- Italy (6.8K tons)
- Belgium (3.0K tons)
- Turkey (2.7K tons)
- France (1.5K tons)
Sulphites; Thiosulphates Exports in Spain
In 2022, after three years of growth, there was decline in overseas shipments of sulphites; thiosulphateses, when their volume decreased by -1.4% to 6.2K tons. The total export volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year.
In value terms, sulphites; thiosulphates exports soared to $7.3M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +73.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sulphites; Thiosulphates in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 686 | 955 | 1,716 | 2,105 | 45.3% |
| France | 842 | 706 | 526 | 1,007 | 6.1% |
| Russia | 6.6 | 6.4 | 5.1 | 440 | 305.5% |
| Mexico | 736 | 544 | 361 | 393 | -18.9% |
| Denmark | 295 | 294 | 420 | 359 | 6.8% |
| Belgium | 142 | 118 | 251 | 244 | 19.8% |
| Italy | 118 | 76.6 | 108 | 241 | 26.9% |
| Tunisia | 72.4 | 101 | 169 | 231 | 47.2% |
| Chile | 71.2 | 64.7 | 174 | 185 | 37.5% |
| Egypt | 28.5 | 44.7 | 45.3 | 74.3 | 37.6% |
| Others | 1,463 | 1,296 | 1,385 | 2,026 | 11.5% |
| Total | 4,461 | 4,207 | 5,160 | 7,305 | 17.9% |
Top Export Markets for Sulphites; Thiosulphates from Spain in 2022:
- Portugal (3065.5 tons)
- France (782.4 tons)
- Mexico (328.6 tons)
- Russia (283.1 tons)
- Belgium (184.7 tons)
- Denmark (176.2 tons)
- Italy (171.0 tons)
- Tunisia (163.7 tons)
- Chile (116.2 tons)
- Egypt (95.9 tons)
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In January 2023, Sulphites experienced a rapid growth rate of 35% compared to the previous month. However, in December 2023, import values took a dramatic decline, falling to $1.2M.
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