Alkali Metals; Sodium Price in Serbia - 2023
Contents:
- Alkali Metals; Sodium Price in Serbia (CIF) - 2022
- Alkali Metals; Sodium Price in Serbia (FOB) - 2022
- Alkali Metals; Sodium Imports in Serbia
- Alkali Metals; Sodium Exports in Serbia
Alkali Metals; Sodium Price in Serbia (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $27,067 per ton, waning by -11.9% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41% against the previous year. Over the period under review, average import prices hit record highs at $30,732 per ton in 2021, and then shrank in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($36,650 per ton), while the price for Italy ($26,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkali Metals; Sodium Price in Serbia (FOB) - 2022
The average alkali metals; sodium export price stood at $883 per ton in 2022, waning by -61.2% against the previous year. In general, the export price saw a significant contraction. The growth pace was the most rapid in 2021 when the average export price increased by 38%. The export price peaked at $20,571 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($15,856 per ton), while the average price for exports to Montenegro ($291 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 Hungary (-3.6%), while the prices for the other major destinations experienced a decline.
Alkali Metals; Sodium Imports in Serbia
In 2022, after two years of decline, there was significant growth in supplies from abroad of alkali metals; sodia, when their volume increased by 132% to 160 kg. Over the period under review, imports, however, continue to indicate a deep downturn.
In value terms, alkali metals; sodium imports skyrocketed to $4.3K in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three years. 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.
| Import of Alkali Metals; Sodium in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,528 | 3,283 | 1,618 | 4,026 | 38.1% |
| Germany | 67.0 | 184 | 130 | 165 | 35.0% |
| Belgium | 12.0 | 91.0 | 185 | 140 | 126.8% |
| Croatia | 76.0 | 164 | 162 | N/A | 46.0% |
| Slovenia | 49.0 | 59.0 | 11.0 | N/A | -52.6% |
| United Kingdom | 38.0 | 47.0 | 11.0 | N/A | -46.2% |
| North Macedonia | N/A | 126 | N/A | N/A | 0% |
| Others | 2,164 | 6.0 | 8.0 | 5.0 | -86.8% |
| Total | 3,934 | 3,960 | 2,125 | 4,336 | 3.3% |
Top Suppliers of Alkali Metals; Sodium to Serbia in 2022:
- Italy (150.0 kg)
- Belgium (5.0 kg)
- Germany (5.0 kg)
Alkali Metals; Sodium Exports in Serbia
Alkali metals; sodium exports from Serbia skyrocketed to 604 kg in 2022, growing by 1,213% on the previous year's figure. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, alkali metals; sodium exports soared to $533 in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 476%. As a result, the exports reached the peak of $962. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Alkali Metals; Sodium in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 115 | 664 | 70.0 | 239 | 27.6% |
| Montenegro | 29.0 | 167 | 19.0 | 155 | 74.8% |
| Bosnia and Herzegovina | 23.0 | 131 | 14.0 | 49.0 | 28.7% |
| France | N/A | N/A | N/A | 45.0 | 0% |
| Others | N/A | N/A | 1.0 | 45.0 | 4400.0% |
| Total | 167 | 962 | 104 | 533 | 47.2% |
Top Export Markets for Alkali Metals; Sodium from Serbia in 2022:
- Montenegro (534.0 kg)
- France (38.0 kg)
- Hungary (15.0 kg)
- Bosnia and Herzegovina (5.0 kg)
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