Price for Sulphites; Other than of Sodium in the UK - 2023

Contents:

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

Price for Sulphites; Other than of Sodium in the UK (FOB) - 2023

The average export price for sulphites; other than of sodia stood at $748 per ton in December 2023, dropping by -13.2% against the previous month. Over the period under review, the export price saw a abrupt contraction. The pace of growth was the most pronounced in March 2023 an increase of 29% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,540 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the Netherlands ($8,848 per ton), while the average price for exports to Ireland ($528 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Sulphites; Other than of Sodium in the UK (CIF) - 2022

The average import price for sulphites; other than of sodia stood at $1,042 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, posted buoyant growth. The growth pace was the most rapid in 2013 when the average import price increased by 233% against the previous year. As a result, import price reached the peak level of $1,397 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 the Netherlands ($2,347 per ton), while the price for Italy ($1,002 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Sulphites; Other than of Sodium in the UK

In 2022, the amount of sulphites; other than of sodia exported from the UK soared to 26K tons, with an increase of 256% compared with the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium exports soared to $11M in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Ireland (16.5K tons)
2. Norway (3.8K tons)
3. France (1.3K tons)
4. Netherlands (0.9K tons)
5. Angola (0.8K tons)
6. Nigeria (0.7K tons)
7. Swaziland (0.6K tons)
8. South Africa (0.3K tons)
9. Iraq (0.2K tons)

Imports of Sulphites; Other than of Sodium in the UK

Sulphites; other than of sodium imports into the UK skyrocketed to 1.2K tons in 2022, growing by 142% against the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium imports skyrocketed to $1.3M in 2022. In general, imports recorded a significant expansion. 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 the UK in 2022:

1. Italy (1121.0 tons)
2. Germany (57.8 tons)
3. Belgium (30.8 tons)

Source: IndexBox Market Intelligence Platform