Price for Sodium Sulphates; Other than Disodium Sulphate in Australia - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Australia (CIF) - 2022
- Price for Sodium Sulphates; Other than Disodium Sulphate in Australia (FOB) - 2022
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Australia
- Exports of Sodium Sulphates; Other than Disodium Sulphate in Australia
Price for Sodium Sulphates; Other than Disodium Sulphate in Australia (CIF) - 2022
In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $596 per ton, falling by -5.2% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sodium sulphates; other than disodium sulphates decreased by -11.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 33%. Over the period under review, average import prices attained the peak figure at $671 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($2,713 per ton), while the price for China ($480 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sodium Sulphates; Other than Disodium Sulphate in Australia (FOB) - 2022
The average export price for sodium sulphates; other than disodium sulphates stood at $2,907 per ton in 2022, waning by -17.4% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 87%. Over the period under review, the average export prices hit record highs at $4,224 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($9,220 per ton), while the average price for exports to Canada ($965 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 New Zealand (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sodium Sulphates; Other than Disodium Sulphate in Australia
In 2022, after three years of growth, there was decline in overseas purchases of sodium sulphates; other than disodium sulphates, when their volume decreased by -2% to 6.2K tons. The total import volume increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of 6.4K tons, and then contracted in the following year.
In value terms, imports of sodium sulphates; other than disodium sulphates reduced to $3.7M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $4M, and then reduced in the following year.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,382 | 1,475 | 2,471 | 2,583 | 23.2% |
| Belgium | 133 | 81.4 | 141 | 231 | 20.2% |
| Philippines | 984 | 1,256 | 617 | 109 | -52.0% |
| Turkey | 73.2 | 41.0 | 114 | 107 | 13.5% |
| Singapore | N/A | N/A | 16.1 | 86.4 | 436.6% |
| Ecuador | 83.7 | 94.4 | N/A | N/A | 12.8% |
| Others | 288 | 316 | 632 | 595 | 27.4% |
| Total | 2,944 | 3,264 | 3,992 | 3,711 | 8.0% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Australia in 2022:
- China (5.4K tons)
- Belgium (0.4K tons)
- Turkey (0.2K tons)
- Singapore (0.1K tons)
Exports of Sodium Sulphates; Other than Disodium Sulphate in Australia
After two years of decline, overseas shipments of sodium sulphates; other than disodium sulphates increased by 589% to 31 tons in 2022. Overall, exports, however, saw a pronounced shrinkage.
In value terms, exports of sodium sulphates; other than disodium sulphates skyrocketed to $90K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sodium Sulphates; Other than Disodium Sulphate in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 16.4 | 51.9 | 9.2 | 65.0 | 58.3% |
| Canada | N/A | N/A | N/A | 13.7 | 0% |
| Fiji | 0.8 | 1.5 | N/A | 4.0 | 71.0% |
| New Caledonia | N/A | 1.8 | 2.1 | 3.7 | 43.4% |
| Japan | N/A | N/A | N/A | 2.7 | 0% |
| French Polynesia | 5.5 | N/A | N/A | N/A | 0% |
| Turkey | 5.7 | N/A | N/A | N/A | 0% |
| Others | 13.5 | 5.5 | 4.5 | 0.6 | -64.6% |
| Total | 41.9 | 60.7 | 15.8 | 89.6 | 28.8% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Australia in 2022:
- Canada (14.2 tons)
- New Zealand (7.0 tons)
- New Caledonia (3.7 tons)
- Fiji (3.5 tons)
- Japan (2.4 tons)
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