Price for Sodium Sulphates; Other than Disodium Sulphate in Serbia - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Serbia (FOB) - 2022
- Price for Sodium Sulphates; Other than Disodium Sulphate in Serbia (CIF) - 2022
- Exports of Sodium Sulphates; Other than Disodium Sulphate in Serbia
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Serbia
Price for Sodium Sulphates; Other than Disodium Sulphate in Serbia (FOB) - 2022
The average export price for sodium sulphates; other than disodium sulphates stood at $169 per ton in 2022, waning by -40.3% against the previous year. In general, the export price saw a dramatic descent. The most prominent rate of growth was recorded in 2019 an increase of 130%. The export price peaked at $3,983 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -19.9% per year.
Price for Sodium Sulphates; Other than Disodium Sulphate in Serbia (CIF) - 2022
The average import price for sodium sulphates; other than disodium sulphates stood at $275 per ton in 2022, growing by 9.2% against the previous year. Over the period under review, the import price posted a noticeable expansion. The most prominent rate of growth was recorded in 2016 an increase of 363%. As a result, import price attained the peak level of $849 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 Italy ($1,018 per ton), while the price for Bulgaria ($162 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sodium Sulphates; Other than Disodium Sulphate in Serbia
For the fourth year in a row, Serbia recorded growth in overseas shipments of sodium sulphates; other than disodium sulphates, which increased by 840% to 1.2K tons in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 4,175%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of sodium sulphates; other than disodium sulphates soared to $206K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,497%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Sodium Sulphates; Other than Disodium Sulphate in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 0.5 | 20.0 | 36.7 | 204 | 641.7% |
| Czech Republic | N/A | N/A | N/A | 1.8 | 0% |
| Others | 0.8 | 0.4 | N/A | 0.1 | -50.0% |
| Total | 1.3 | 20.5 | 36.7 | 206 | 441.1% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Serbia in 2022:
- Bosnia and Herzegovina (1214.1 tons)
- Czech Republic (4.6 tons)
Imports of Sodium Sulphates; Other than Disodium Sulphate in Serbia
After three years of growth, overseas purchases of sodium sulphates; other than disodium sulphates decreased by -21.6% to 418 tons in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 398% against the previous year. As a result, imports reached the peak of 533 tons, and then fell markedly in the following year.
In value terms, imports of sodium sulphates; other than disodium sulphates dropped to $115K in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 114% against the previous year. As a result, imports attained the peak of $134K, and then fell in the following year.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 38.8 | 0% |
| Bulgaria | 2.7 | 2.8 | 50.8 | 19.7 | 94.0% |
| Turkey | N/A | N/A | 39.9 | 19.3 | -51.6% |
| Germany | 15.6 | 16.3 | 13.5 | 15.2 | -0.9% |
| Italy | 9.4 | 5.2 | 15.7 | 9.9 | 1.7% |
| Belgium | 8.8 | 11.8 | 0.1 | 0.2 | -71.7% |
| Others | 9.7 | 26.5 | 14.0 | 11.6 | 6.1% |
| Total | 46.1 | 62.6 | 134 | 115 | 35.6% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Serbia in 2022:
- Russia (210.4 tons)
- Bulgaria (121.0 tons)
- Turkey (45.6 tons)
- Germany (22.0 tons)
- Italy (9.7 tons)
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