Price for Sodium Sulphates; Other than Disodium Sulphate in New Zealand - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in New Zealand (CIF) - 2022
- Price for Sodium Sulphates; Other than Disodium Sulphate in New Zealand (FOB) - 2022
- Imports of Sodium Sulphates; Other than Disodium Sulphate in New Zealand
- Exports of Sodium Sulphates; Other than Disodium Sulphate in New Zealand
Price for Sodium Sulphates; Other than Disodium Sulphate in New Zealand (CIF) - 2022
The average import price for sodium sulphates; other than disodium sulphates stood at $1,268 per ton in 2022, with an increase of 52% against the previous year. Overall, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 74% against the previous year. Over the period under review, average import prices attained the peak figure 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 China ($1,299 per ton), while the price for Turkey ($815 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+93.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sodium Sulphates; Other than Disodium Sulphate in New Zealand (FOB) - 2022
In 2022, the average export price for sodium sulphates; other than disodium sulphates amounted to $1,031 per ton, falling by -12.9% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sodium sulphates; other than disodium sulphates increased by +9.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 124% against the previous year. Over the period under review, the average export prices attained the maximum at $1,266 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 Fiji ($1,910 per ton), while the average price for exports to Japan ($722 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 Fiji (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Sodium Sulphates; Other than Disodium Sulphate in New Zealand
In 2022, after two years of decline, there was growth in overseas purchases of sodium sulphates; other than disodium sulphates, when their volume increased by 3.1% to 1.4K tons. In general, imports, however, recorded a dramatic decrease.
In value terms, imports of sodium sulphates; other than disodium sulphates soared to $1.8M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.5% 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 +56.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Other than Disodium Sulphate in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 618 | 356 | 874 | 1,659 | 39.0% |
| Turkey | 33.5 | 33.7 | 71.2 | 63.4 | 23.7% |
| Australia | 116 | 54.8 | 19.0 | 45.1 | -27.0% |
| Indonesia | 80.2 | 64.1 | 8.4 | N/A | -67.6% |
| Philippines | 495 | 579 | 128 | N/A | -49.1% |
| Others | 59.6 | 57.8 | 45.8 | 23.8 | -26.4% |
| Total | 1,403 | 1,146 | 1,146 | 1,791 | 8.5% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to New Zealand in 2022:
- China (1276.6 tons)
- Turkey (77.7 tons)
- Australia (52.1 tons)
Exports of Sodium Sulphates; Other than Disodium Sulphate in New Zealand
In 2022, approx. 33 tons of sodium sulphates; other than disodium sulphates were exported from New Zealand; picking up by 53% against 2021 figures. Over the period under review, exports, however, showed a deep downturn.
In value terms, exports of sodium sulphates; other than disodium sulphates skyrocketed to $34K in 2022. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 61%.
| Export of Sodium Sulphates; Other than Disodium Sulphate in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 17.4 | 7.5 | 7.2 | 17.1 | -0.6% |
| Papua New Guinea | 28.2 | 6.4 | 14.3 | 12.8 | -23.1% |
| Fiji | 1.8 | 1.1 | 4.1 | 2.6 | 13.0% |
| Japan | N/A | N/A | N/A | 0.7 | 0% |
| Others | 0.3 | 1.0 | 0.3 | 1.2 | 58.7% |
| Total | 47.7 | 16.0 | 25.8 | 34.4 | -10.3% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from New Zealand in 2022:
- Australia (18.7 tons)
- Papua New Guinea (12.0 tons)
- Fiji (1.4 tons)
- Japan (1.0 tons)
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