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

Contents:

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

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

The average import price for sodium sulphates; other than disodium sulphates stood at $3,383 per ton in 2022, increasing by 120% against the previous year. Overall, the import price enjoyed significant growth. The pace of growth appeared the most rapid in 2018 an increase of 256%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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 Germany ($5,638 per ton), while the price for the Netherlands ($518 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+37.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for sodium sulphates; other than disodium sulphates stood at $803 per ton in 2022, with an increase of 104% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The export price peaked at $2,225 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($846 per ton), while the average price for exports to Russia stood at $736 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+7.3%), while the prices for the other major destinations experienced a decline.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Latvia

In 2022, overseas purchases of sodium sulphates; other than disodium sulphates decreased by -34.5% to 8.2 tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of 12 tons, and then declined markedly in the following year.

In value terms, imports of sodium sulphates; other than disodium sulphates soared to $28K in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 297% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Sodium Sulphates; Other than Disodium Sulphate in Latvia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Lithuania4.815.223.1119.4%
GermanyN/A0.23.41600.0%
AustriaN/AN/A0.70%
NetherlandsN/AN/A0.50%
EstoniaN/A3.8N/A0%
OthersN/AN/AN/A0%
Total4.819.227.7140.2%

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

  1. Lithuania (5.6 tons)
  2. Netherlands (1.0 tons)
  3. Austria (0.9 tons)
  4. Germany (0.6 tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Latvia

In 2022, overseas shipments of sodium sulphates; other than disodium sulphates decreased by -11.9% to 2.4 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 3.2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of sodium sulphates; other than disodium sulphates soared to $1.9K in 2022. In general, exports, however, 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 Latvia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelarusN/AN/AN/A1,2200%
RussiaN/AN/AN/A6900%
Estonia8761,0811,064N/A10.2%
OthersN/AN/AN/AN/A0%
Total8761,0811,0641,91029.7%

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

  1. Belarus (1.4 tons)
  2. Russia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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