Alkali Metals; Sodium Price in Luxembourg - 2023
Contents:
Alkali Metals; Sodium Price in Luxembourg (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $24,392 per ton, with an increase of 100% against the previous year. In general, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 259%. The import price peaked in 2022 and is likely to see gradual 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 Germany ($50,954 per ton), while the price for Belgium stood at $23,090 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkali Metals; Sodium Imports in Luxembourg
In 2022, imports of alkali metals; sodia into Luxembourg skyrocketed to 1.6 tons, with an increase of 20% compared with the year before. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 719% against the previous year. As a result, imports reached the peak of 2.8 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, alkali metals; sodium imports soared to $38K in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 781%. As a result, imports reached the peak of $54K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Alkali Metals; Sodium in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.4 | 21.0 | 15.7 | 34.6 | 98.9% |
| Germany | 1.5 | 0.4 | 0.3 | 3.7 | 35.1% |
| Others | 0.2 | 32.7 | N/A | N/A | 16250.0% |
| Total | 6.1 | 54.1 | 16.0 | 38.4 | 84.6% |
Top Suppliers of Alkali Metals; Sodium to Luxembourg in 2022:
- Belgium (1500.0 kg)
- Germany (74.0 kg)
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