Price for Sodium Sulphates; Disodium Sulphate in Australia - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Australia (CIF) - 2023
- Price for Sodium Sulphates; Disodium Sulphate in Australia (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Australia
- Exports of Sodium Sulphates; Disodium Sulphate in Australia
Price for Sodium Sulphates; Disodium Sulphate in Australia (CIF) - 2023
In September 2023, the average sodium sulphates; disodium sulphate import price amounted to $178 per ton, growing by 54% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $265 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -0.2% per month.
Price for Sodium Sulphates; Disodium Sulphate in Australia (FOB) - 2022
In 2022, the average sodium sulphates; disodium sulphate export price amounted to $2,178 per ton, rising by 12% against the previous year. Overall, the export price, however, continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2016 an increase of 852% against the previous year. As a result, the export price reached the peak level of $27,639 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($17,875 per ton), while the average price for exports to Papua New Guinea ($1,690 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 Vietnam (+1,341.7%), while the prices for the other major destinations experienced a decline.
Imports of Sodium Sulphates; Disodium Sulphate in Australia
For the fourth consecutive year, Australia recorded growth in overseas purchases of sodium sulphates; disodium sulphates, which increased by 10% to 14K tons in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 90% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, sodium sulphates; disodium sulphate imports surged to $2.4M in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 81%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Disodium Sulphate in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 1.7 | 2.0 | 2.4 | 38.7% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 0.9 | 1.7 | 2.1 | 2.4 | 38.7% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Australia in 2022:
- China (13.8K tons)
Exports of Sodium Sulphates; Disodium Sulphate in Australia
In 2022, sodium sulphates; disodium sulphate exports from Australia skyrocketed to 301 tons, picking up by 161% against the previous year's figure. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 4,162% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, sodium sulphates; disodium sulphate exports soared to $654K in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 527% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Sodium Sulphates; Disodium Sulphate in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 5.5 | 24.6 | 142 | 628 | 385.1% |
| Papua New Guinea | N/A | N/A | 73.9 | 19.5 | -73.6% |
| Vietnam | N/A | 5.8 | N/A | 1.1 | -56.5% |
| French Polynesia | N/A | N/A | 7.3 | N/A | 0% |
| Others | 5.8 | 5.3 | 0.6 | 5.9 | 0.6% |
| Total | 11.3 | 35.7 | 224 | 654 | 286.8% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Australia in 2022:
- New Zealand (288.0 tons)
- Papua New Guinea (11.5 tons)
- Vietnam (0.1 tons)
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