Price for Sodium Sulphates; Disodium Sulphate in Canada - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Canada (FOB) - 2022
- Price for Sodium Sulphates; Disodium Sulphate in Canada (CIF) - 2023
- Exports of Sodium Sulphates; Disodium Sulphate in Canada
- Imports of Sodium Sulphates; Disodium Sulphate in Canada
Price for Sodium Sulphates; Disodium Sulphate in Canada (FOB) - 2022
The average sodium sulphates; disodium sulphate export price stood at $130 per ton in 2022, with an increase of 25% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $133 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.1% per year.
Price for Sodium Sulphates; Disodium Sulphate in Canada (CIF) - 2023
In September 2023, the average sodium sulphates; disodium sulphate import price amounted to $269 per ton, jumping by 35% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 57% against the previous month. As a result, import price reached the peak level of $387 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($259 per ton), while the price for China amounted to $116 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced a decline.
Exports of Sodium Sulphates; Disodium Sulphate in Canada
In 2022, shipments abroad of sodium sulphates; disodium sulphates decreased by -12.9% to 53K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 4.1% against the previous year. As a result, the exports attained the peak of 68K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sodium sulphates; disodium sulphate exports totaled $6.9M in 2022. Overall, exports continue to indicate a deep contraction.
| Export of Sodium Sulphates; Disodium Sulphate in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.2 | 8.2 | 6.3 | 6.9 | -5.6% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 8.2 | 8.2 | 6.3 | 6.9 | -5.6% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Canada in 2022:
- United States (53.2K tons)
Imports of Sodium Sulphates; Disodium Sulphate in Canada
In 2022, sodium sulphates; disodium sulphate imports into Canada skyrocketed to 2.2K tons, picking up by 85% compared with 2021 figures. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 367% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, sodium sulphates; disodium sulphate imports surged to $8.3M in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Disodium Sulphate in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,031 | 884 | 1,667 | 7,845 | 96.7% |
| Japan | 16.5 | 15.4 | 15.1 | 194 | 127.4% |
| India | 95.3 | 113 | 172 | 160 | 18.9% |
| China | 96.5 | 32.9 | 280 | 29.1 | -32.9% |
| Others | 32.5 | 51.4 | 67.9 | 57.7 | 21.1% |
| Total | 1,272 | 1,096 | 2,202 | 8,286 | 86.8% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Canada in 2022:
- United States (2009.4 tons)
- China (77.3 tons)
- Japan (37.0 tons)
- India (36.7 tons)
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