Sulphates; of Aluminium Price in Belgium - 2023

Contents:

  1. Sulphates; of Aluminium Price in Belgium (FOB) - 2022
  2. Sulphates; of Aluminium Price in Belgium (CIF) - 2022
  3. Sulphates; of Aluminium Exports in Belgium
  4. Sulphates; of Aluminium Imports in Belgium

Sulphates; of Aluminium Price in Belgium (FOB) - 2022

The average sulphates; of aluminium export price stood at $154 per ton in 2022, waning by -8.6% against the previous year. Overall, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 8.4%. Over the period under review, the average export prices hit record highs at $188 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($158 per ton), while the average price for exports to Germany amounted to $89 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-1.2%).

Sulphates; of Aluminium Price in Belgium (CIF) - 2022

In 2022, the average sulphates; of aluminium import price amounted to $310 per ton, jumping by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 France ($610 per ton), while the price for Sweden ($180 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Aluminium Exports in Belgium

In 2022, sulphates; of aluminium exports from Belgium soared to 24K tons, jumping by 32% against the previous year. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.5% 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 +58.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 39%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, sulphates; of aluminium exports skyrocketed to $3.7M in 2022. The total export value increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 35%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Sulphates; of Aluminium in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.33.22.73.110.5%
Germany0.10.10.10.458.7%
Others0.20.20.30.20.0%
Total2.53.43.13.714.0%

Top Export Markets for Sulphates; of Aluminium from Belgium in 2022:

  1. France (19.4K tons)
  2. Germany (4.6K tons)

Sulphates; of Aluminium Imports in Belgium

In 2022, purchases abroad of sulphates; of aluminia decreased by -21.5% to 7.2K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphates; of aluminium imports dropped to $2.2M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. As a result, imports attained the peak of $2.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Sulphates; of Aluminium in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,3371,4611,424967-10.2%
Netherlands20429013862945.5%
Sweden15126846729024.3%
Others13831429133534.4%
Total1,8302,3332,3202,2226.7%

Top Suppliers of Sulphates; of Aluminium to Belgium in 2022:

  1. Germany (3.5K tons)
  2. Netherlands (1.8K tons)
  3. Sweden (1.6K tons)

Source: IndexBox Market Intelligence Platform

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