Carbonates; Strontium Carbonate Price in Italy - 2023
Contents:
- Carbonates; Strontium Carbonate Price in Italy (CIF) - 2023
- Carbonates; Strontium Carbonate Price in Italy (FOB) - 2023
- Carbonates; Strontium Carbonate Imports in Italy
- Carbonates; Strontium Carbonate Exports in Italy
Carbonates; Strontium Carbonate Price in Italy (CIF) - 2023
In June 2023, the average carbonates; strontium carbonate import price amounted to $1,538 per ton, which is down by -7.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in May 2023 when the average import price increased by 12% against the previous month. As a result, import price attained the peak level of $1,666 per ton, and then declined in the following month.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From June 2022 to June 2023, the rate of growth in terms of prices for Germany amounted to +1.2% per month.
Carbonates; Strontium Carbonate Price in Italy (FOB) - 2023
In June 2023, the average carbonates; strontium carbonate export price amounted to $12,902 per ton, surging by 22% against the previous month. Overall, export price indicated a measured expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, carbonates; strontium carbonate export price decreased by -8.6% against February 2023 indices. The growth pace was the most rapid in October 2022 an increase of 55% month-to-month. The export price peaked at $14,122 per ton in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was Austria ($14,587 per ton), while the average price for exports to Taiwan (Chinese) stood at $12,564 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonates; Strontium Carbonate Imports in Italy
In 2022, imports of carbonates; strontium carbonates into Italy declined modestly to 4.1K tons, approximately reflecting the previous year's figure. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of 4.1K tons, leveling off in the following year.
In value terms, carbonates; strontium carbonate imports surged to $5.9M in 2022. In general, imports, however, saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Strontium Carbonate in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 2.7 | 3.9 | 5.9 | 25.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 2.7 | 3.9 | 5.9 | 25.3% |
Top Suppliers of Carbonates; Strontium Carbonate to Italy in 2022:
- Germany (4.1K tons)
Carbonates; Strontium Carbonate Exports in Italy
In 2022, the amount of carbonates; strontium carbonates exported from Italy soared to 278 tons, with an increase of 69% compared with the previous year. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 119%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, carbonates; strontium carbonate exports soared to $2.4M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Carbonates; Strontium Carbonate in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 43.7 | 69.7 | 188 | 692 | 151.1% |
| Germany | 104 | 142 | 247 | 608 | 80.1% |
| Austria | 393 | 280 | 324 | 528 | 10.3% |
| Taiwan (Chinese) | 98.0 | 52.4 | 153 | 290 | 43.6% |
| United States | 22.6 | N/A | 98.8 | 145 | 85.8% |
| Spain | N/A | N/A | 19.4 | 33.1 | 70.6% |
| Colombia | N/A | N/A | N/A | 24.0 | 0% |
| China | 42.8 | 43.7 | N/A | N/A | 2.1% |
| Others | 36.4 | 29.6 | 41.6 | 56.5 | 15.8% |
| Total | 740 | 617 | 1,072 | 2,376 | 47.5% |
Top Export Markets for Carbonates; Strontium Carbonate from Italy in 2022:
- Japan (62.9 tons)
- Germany (54.9 tons)
- United States (43.6 tons)
- Austria (42.9 tons)
- Spain (23.5 tons)
- Taiwan (Chinese) (20.0 tons)
- Colombia (13.2 tons)
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