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

Contents:

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

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

The average import price for sodium sulphates; other than disodium sulphates stood at $111 per ton in 2022, approximately equating the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 57% against the previous year. As a result, import price attained the peak level of $205 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -0.6% per year.

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

The average export price for sodium sulphates; other than disodium sulphates stood at $1,025 per ton in 2022, reducing by -23.4% against the previous year. In general, the export price, however, enjoyed resilient growth. The growth pace was the most rapid in 2014 when the average export price increased by 68%. The export price peaked at $2,559 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,861 per ton), while the average price for exports to Angola ($703 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 France (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Portugal

In 2022, imports of sodium sulphates; other than disodium sulphates into Portugal soared to 20K tons, rising by 26% against 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.4% 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 +54.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sodium sulphates; other than disodium sulphates soared to $2.2M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,3671,5381,6802,05614.6%
France2463.51.00.2-90.7%
Others22610274.8163-10.3%
Total1,8391,6431,7562,2196.5%

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

  1. Spain (19.7K tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Portugal

In 2022, after three years of growth, there was significant decline in overseas shipments of sodium sulphates; other than disodium sulphates, when their volume decreased by -20.5% to 141 tons. Over the period under review, exports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. As a result, the exports reached the peak of 177 tons, and then fell dramatically in the following year.

In value terms, exports of sodium sulphates; other than disodium sulphates dropped significantly to $145K in 2022. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, the exports reached the peak of $237K, and then reduced rapidly in the following year.

Export of Sodium Sulphates; Other than Disodium Sulphate in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola89.967.362.773.1-6.7%
Cabo Verde5.569.716258.0119.3%
Spain0.6N/A4.76.5121.3%
Mozambique13.812.25.4N/A-37.4%
Others1.30.62.06.974.4%
Total1111502371459.3%

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

  1. Angola (104.0 tons)
  2. Cabo Verde (29.4 tons)
  3. Spain (5.5 tons)

Source: IndexBox Market Intelligence Platform

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