Price for Sulphites; Other than of Sodium in France - 2023

Contents:

1. Price for Sulphites; Other than of Sodium in France (CIF) - 2023
2. Price for Sulphites; Other than of Sodium in France (FOB) - 2022
3. Imports of Sulphites; Other than of Sodium in France
4. Exports of Sulphites; Other than of Sodium in France

Price for Sulphites; Other than of Sodium in France (CIF) - 2023

In November 2023, the average import price for sulphites; other than of sodia amounted to $730 per ton, declining by -3% against the previous month. Overall, the import price continues to indicate a mild contraction. The growth pace was the most rapid in April 2023 an increase of 18% against the previous month. Over the period under review, average import prices hit record highs at $903 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Italy ($790 per ton) and Germany ($706 per ton), while the price for Belgium ($566 per ton) and Spain ($649 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Sulphites; Other than of Sodium in France (FOB) - 2022

The average export price for sulphites; other than of sodia stood at $2,001 per ton in 2022, with an increase of 13% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; other than of sodium export price increased by +47.4% against 2016 indices. The pace of growth appeared the most rapid in 2014 an increase of 83% against the previous year. As a result, the export price reached the peak level of $2,129 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($7,992 per ton), while the average price for exports to Tunisia ($1,049 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 Algeria (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphites; Other than of Sodium in France

In 2022, the amount of sulphites; other than of sodia imported into France was estimated at 29K tons, surging by 9.7% compared with the year before. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium imports surged to $22M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; Other than of Sodium to France in 2022:

1. Italy (13.7K tons)
2. Germany (11.4K tons)
3. Belgium (1.7K tons)
4. United Kingdom (1.4K tons)
5. Spain (0.5K tons)

Exports of Sulphites; Other than of Sodium in France

In 2022, the amount of sulphites; other than of sodia exported from France rose sharply to 1.8K tons, surging by 12% on the year before. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphites; other than of sodium exports surged to $3.5M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 36% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Sulphites; Other than of Sodium from France in 2022:

1. United States (354.4 tons)
2. Spain (243.1 tons)
3. South Africa (170.9 tons)
4. Italy (104.3 tons)
5. Portugal (99.8 tons)
6. Germany (81.9 tons)
7. Tunisia (76.7 tons)
8. Switzerland (71.9 tons)
9. Belgium (65.3 tons)
10. Algeria (51.1 tons)
11. Austria (49.7 tons)
12. Chile (46.1 tons)
13. Australia (43.1 tons)

Source: IndexBox Market Intelligence Platform