Alkali Metals; Sodium Price in Ireland - 2023
Contents:
- Alkali Metals; Sodium Price in Ireland (CIF) - 2022
- Alkali Metals; Sodium Price in Ireland (FOB) - 2022
- Alkali Metals; Sodium Imports in Ireland
- Alkali Metals; Sodium Exports in Ireland
Alkali Metals; Sodium Price in Ireland (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $4,444 per ton, flattening at the previous year. Over the period under review, the import price posted strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 193%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($17,486 per ton), while the price for Italy ($3,535 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkali Metals; Sodium Price in Ireland (FOB) - 2022
The average alkali metals; sodium export price stood at $5,538 per ton in 2022, standing approx. at the previous year. Overall, the export price showed a significant expansion. The growth pace was the most rapid in 2019 when the average export price increased by 86%. The export price peaked in 2022 and is expected to retain 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 Vietnam ($8,058 per ton), while the average price for exports to the United States totaled $5,026 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+117.4%), while the prices for the other major destinations experienced a decline.
Alkali Metals; Sodium Imports in Ireland
For the third year in a row, Ireland recorded decline in overseas purchases of alkali metals; sodia, which decreased by 0% to 32 tons in 2022. Over the period under review, imports continue to indicate a precipitous descent. The smallest decline of -24.7% was in 2020.
In value terms, alkali metals; sodium imports totaled $141K in 2022. In general, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 36%. As a result, imports reached the peak of $368K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Alkali Metals; Sodium in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 84.3 | 123 | N/A | 95.4 | 4.2% |
| United States | 34.6 | 18.7 | N/A | 40.3 | 5.2% |
| United Kingdom | 145 | 151 | N/A | 1.0 | -81.0% |
| Others | 7.5 | 75.5 | N/A | 4.5 | -15.7% |
| Total | 271 | 368 | N/A | 141 | -19.6% |
Top Suppliers of Alkali Metals; Sodium to Ireland in 2022:
- Italy (27.0 tons)
- United States (4.5 tons)
- United Kingdom (0.1 tons)
Alkali Metals; Sodium Exports in Ireland
For the third year in a row, Ireland recorded decline in overseas shipments of alkali metals; sodia, which decreased by 0% to 8.6 tons in 2022. Over the period under review, exports recorded a dramatic setback. The smallest decline of -24.1% was in 2020.
In value terms, alkali metals; sodium exports stood at $48K in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 41%. As a result, the exports reached the peak of $67K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Alkali Metals; Sodium in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.2 | 66.5 | N/A | 35.8 | -8.8% |
| Vietnam | N/A | N/A | N/A | 11.7 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 47.2 | 66.5 | N/A | 47.5 | 0.2% |
Top Export Markets for Alkali Metals; Sodium from Ireland in 2022:
- United States (7.1 tons)
- Vietnam (1.4 tons)
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