Chlorates; of Sodium Price in the UK - 2023

Contents:

  1. Chlorates; of Sodium Price in the UK (FOB) - 2022
  2. Chlorates; of Sodium Price in the UK (CIF) - 2023
  3. Chlorates; of Sodium Exports in the UK
  4. Chlorates; of Sodium Imports in the UK

Chlorates; of Sodium Price in the UK (FOB) - 2022

The average chlorates; of sodium export price stood at $22,133 per ton in 2022, growing by 37% against the previous year. In general, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 123%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($30,278 per ton), while the average price for exports to Senegal ($529 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 (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorates; of Sodium Price in the UK (CIF) - 2023

In August 2023, the average chlorates; of sodium import price amounted to $970 per ton, falling by -14% against the previous month. Over the period under review, the import price, however, posted a mild increase. The most prominent rate of growth was recorded in April 2023 an increase of 76% m-o-m. As a result, import price reached the peak level of $2,005 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From August 2022 to August 2023, the rate of growth in terms of prices for Sweden amounted to +1.4% per month.

Chlorates; of Sodium Exports in the UK

In 2022, shipments abroad of chlorates; of sodia increased by 319% to 346 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorates; of sodium exports surged to $7.6M in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chlorates; of Sodium in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia60312892.64,54096.0%
Japan1231232811,287118.7%
France19214515979160.3%
Indonesia13.9314N/A228154.1%
United States89373.05.047.7-62.3%
Ireland34.531.216.220.6-15.8%
SenegalN/AN/AN/A4.80%
Russia61.358.837.8N/A-21.5%
KazakhstanN/A376129N/A-65.7%
Sri Lanka59.527.6N/AN/A-53.6%
Singapore40.7N/AN/AN/A0%
Canada1,233N/AN/AN/A0%
Others6506996157283.8%
Total3,9031,9751,3357,64725.1%

Top Export Markets for Chlorates; of Sodium from the UK in 2022:

  1. Australia (158.9 tons)
  2. Japan (80.3 tons)
  3. Indonesia (58.1 tons)
  4. France (26.1 tons)
  5. Senegal (9.0 tons)
  6. Ireland (6.8 tons)
  7. United States (0.8 tons)

Chlorates; of Sodium Imports in the UK

In 2022, supplies from abroad of chlorates; of sodia was finally on the rise to reach 1.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorates; of sodium imports skyrocketed to $1.1M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorates; of Sodium in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6305574761,03518.0%
Finland17.651.476.353.044.4%
France1020.113.9N/A-63.1%
Others83.243.321.16.8-56.6%
Total8326525871,0959.6%

Top Suppliers of Chlorates; of Sodium to the UK in 2022:

  1. Sweden (1491.0 tons)
  2. Finland (46.2 tons)

Source: IndexBox Market Intelligence Platform

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