Price for Sodium Sulphates; Other than Disodium Sulphate in Hungary - 2023

Contents:

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

Price for Sodium Sulphates; Other than Disodium Sulphate in Hungary (CIF) - 2022

The average import price for sodium sulphates; other than disodium sulphates stood at $459 per ton in 2022, rising by 31% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. Over the period under review, average import prices reached the maximum at $1,879 per ton in 2012; however, from 2013 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 Netherlands ($8,486 per ton), while the price for Austria ($156 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sodium Sulphates; Other than Disodium Sulphate in Hungary (FOB) - 2022

The average export price for sodium sulphates; other than disodium sulphates stood at $122 per ton in 2022, dropping by -24.8% against the previous year. Over the period under review, the export price saw a slight decline. The pace of growth was the most pronounced in 2013 an increase of 372%. As a result, the export price reached the peak level of $686 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($314 per ton), while the average price for exports to Romania ($21 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 (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Hungary

In 2022, after three years of growth, there was significant decline in purchases abroad of sodium sulphates; other than disodium sulphates, when their volume decreased by -19.5% to 2.1K tons. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 61% against the previous year.

In value terms, imports of sodium sulphates; other than disodium sulphates expanded notably to $945K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 +66.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 41% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Sodium Sulphates; Other than Disodium Sulphate in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France25838743643819.3%
Germany16920317736028.7%
Austria8.34.782.174.8108.1%
Turkey45.044.449.820.8-22.7%
Belgium37.11061190.3-79.9%
Others49.752.231.150.70.7%
Total56779789594518.6%

Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Hungary in 2022:

  1. France (996.1 tons)
  2. Germany (514.4 tons)
  3. Austria (479.4 tons)
  4. Turkey (48.3 tons)
  5. Belgium (0.3 tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Hungary

In 2022, exports of sodium sulphates; other than disodium sulphates from Hungary surged to 770 tons, with an increase of 28% against 2021 figures. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sodium sulphates; other than disodium sulphates fell to $94K in 2022. Overall, exports, however, showed a deep downturn.

Export of Sodium Sulphates; Other than Disodium Sulphate in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria33.742.029.934.71.0%
Italy28.222.922.317.4-14.9%
Ukraine9.08.410.011.99.8%
Serbia11.512.29.58.0-11.4%
Romania2.22.81.43.921.0%
Slovakia34.618.318.63.7-52.5%
Others35.95.56.414.8-25.6%
Total15511298.194.3-15.3%

Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Hungary in 2022:

  1. Ukraine (262.0 tons)
  2. Romania (184.6 tons)
  3. Bulgaria (110.6 tons)
  4. Serbia (71.7 tons)
  5. Italy (55.4 tons)
  6. Slovakia (48.9 tons)

Source: IndexBox Market Intelligence Platform

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