Price for Sulphites; Other than of Sodium in Spain - 2023
Contents:
- Price for Sulphites; Other than of Sodium in Spain (CIF) - 2023
- Price for Sulphites; Other than of Sodium in Spain (FOB) - 2023
- Imports of Sulphites; Other than of Sodium in Spain
- Exports of Sulphites; Other than of Sodium in Spain
Price for Sulphites; Other than of Sodium in Spain (CIF) - 2023
In November 2023, the average import price for sulphites; other than of sodia amounted to $585 per ton, approximately reflecting the previous month. In general, the import price showed a perceptible setback. The pace of growth appeared the most rapid in August 2023 an increase of 35% month-to-month. The import price peaked at $1,003 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($1,324 per ton), while the price for Italy ($376 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+10.2%), while the prices for the other major suppliers experienced a decline.
Price for Sulphites; Other than of Sodium in Spain (FOB) - 2023
In November 2023, the average export price for sulphites; other than of sodia amounted to $685 per ton, picking up by 6.2% against the previous month. Overall, the export price, however, showed a mild slump. The most prominent rate of growth was recorded in July 2023 an increase of 21% month-to-month. The export price peaked at $1,017 per ton in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was France ($1,190 per ton), while the average price for exports to Portugal ($499 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sulphites; Other than of Sodium in Spain
In 2022, the amount of sulphites; other than of sodia imported into Spain totaled 11K tons, growing by 11% compared with the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, sulphites; other than of sodium imports surged to $8.2M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Other than of Sodium in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 2.5 | 3.7 | 6.4 | 33.3% |
| Italy | 1.4 | 1.5 | 0.8 | 1.1 | -7.7% |
| France | 0.3 | 0.3 | 0.3 | 0.7 | 32.6% |
| Portugal | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 4.5 | 4.6 | 5.0 | 8.2 | 22.1% |
Top Suppliers of Sulphites; Other than of Sodium to Spain in 2022:
- Germany (7.9K tons)
- Italy (2.3K tons)
- France (1.0K tons)
Exports of Sulphites; Other than of Sodium in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of sulphites; other than of sodia, when their volume decreased by -11.8% to 4.2K tons. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% 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 +38.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 29% against the previous year.
In value terms, sulphites; other than of sodium exports soared to $3.6M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sulphites; Other than of Sodium in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 449 | 800 | 1,536 | 1,942 | 62.9% |
| France | 698 | 577 | 318 | 662 | -1.7% |
| Mexico | 733 | 528 | 360 | 380 | -19.7% |
| Chile | 65.0 | 58.6 | 163 | 181 | 40.7% |
| Italy | 25.7 | 7.9 | 26.8 | 161 | 84.3% |
| Tunisia | 1.7 | 7.2 | 5.9 | 16.2 | 112.0% |
| Others | 313 | 378 | 182 | 278 | -3.9% |
| Total | 2,286 | 2,357 | 2,591 | 3,621 | 16.6% |
Top Export Markets for Sulphites; Other than of Sodium from Spain in 2022:
- Portugal (2904.6 tons)
- France (510.0 tons)
- Mexico (323.6 tons)
- Italy (140.0 tons)
- Chile (112.6 tons)
- Tunisia (68.2 tons)
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In January 2023, Sulphites experienced a rapid growth rate of 35% compared to the previous month. However, in December 2023, import values took a dramatic decline, falling to $1.2M.
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