Price for Sodium Sulphates; Disodium Sulphate in Serbia - 2023

Contents:

  1. Price for Sodium Sulphates; Disodium Sulphate in Serbia (CIF) - 2022
  2. Price for Sodium Sulphates; Disodium Sulphate in Serbia (FOB) - 2022
  3. Imports of Sodium Sulphates; Disodium Sulphate in Serbia
  4. Exports of Sodium Sulphates; Disodium Sulphate in Serbia

Price for Sodium Sulphates; Disodium Sulphate in Serbia (CIF) - 2022

The average sodium sulphates; disodium sulphate import price stood at $182 per ton in 2022, surging by 1.8% against the previous year. In general, the import price, however, saw a mild setback. The growth pace was the most rapid in 2013 when the average import price increased by 64%. As a result, import price reached the peak level of $336 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($246 per ton), while the price for Austria ($179 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Sodium Sulphates; Disodium Sulphate in Serbia (FOB) - 2022

The average sodium sulphates; disodium sulphate export price stood at $256 per ton in 2022, with an increase of 56% against the previous year. Overall, the export price showed a modest increase. The growth pace was the most rapid in 2018 when the average export price increased by 50,749% against the previous year. As a result, the export price reached the peak level of $62,746 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

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 Slovenia ($317 per ton), while the average price for exports to Bulgaria ($156 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 Italy (+25.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sodium Sulphates; Disodium Sulphate in Serbia

For the fourth consecutive year, Serbia recorded growth in supplies from abroad of sodium sulphates; disodium sulphates, which increased by 28% to 27K tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sodium sulphates; disodium sulphate imports skyrocketed to $4.9M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sodium Sulphates; Disodium Sulphate in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2,0102,4473,3394,50430.9%
Bulgaria27230283.7189-11.4%
Italy48.713623013941.8%
Spain23021776.843.5-42.6%
Romania21920.84.7N/A-85.4%
Others81.349.521.422.1-35.2%
Total2,8613,1723,7554,89819.6%

Top Suppliers of Sodium Sulphates; Disodium Sulphate to Serbia in 2022:

  1. Austria (25.1K tons)
  2. Bulgaria (1.0K tons)
  3. Italy (0.6K tons)
  4. Spain (0.1K tons)

Exports of Sodium Sulphates; Disodium Sulphate in Serbia

In 2022, the amount of sodium sulphates; disodium sulphates exported from Serbia declined sharply to 54 tons, with a decrease of -30.6% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 21,716% against the previous year. As a result, the exports reached the peak of 78 tons, and then contracted rapidly in the following year.

In value terms, sodium sulphates; disodium sulphate exports expanded markedly to $14K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,865%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Sodium Sulphates; Disodium Sulphate in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/AN/AN/A4.00%
SloveniaN/AN/AN/A3.40%
Czech RepublicN/AN/AN/A1.80%
ItalyN/AN/A0.11.41300.0%
Bosnia and Herzegovina1.30.11.11.30.0%
GermanyN/AN/A11.3N/A0%
Others0.10.20.42.1175.9%
Total1.40.312.813.9114.9%

Top Export Markets for Sodium Sulphates; Disodium Sulphate from Serbia in 2022:

  1. Bulgaria (25.4 tons)
  2. Slovenia (10.8 tons)
  3. Czech Republic (8.0 tons)
  4. Italy (5.3 tons)
  5. Bosnia and Herzegovina (4.1 tons)

Source: IndexBox Market Intelligence Platform

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