Sulphates; of Aluminium Price in Greece - 2023

Contents:

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

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

The average sulphates; of aluminium import price stood at $282 per ton in 2022, jumping by 25% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $325 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($686 per ton), while the price for Turkey ($262 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sulphates; of aluminium export price stood at $409 per ton in 2022, surging by 5.3% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of aluminium export price increased by +63.9% against 2016 indices. The growth pace was the most rapid in 2013 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2012 to 2022, the rate of growth in terms of prices for Cyprus amounted to +3.7% per year.

Sulphates; of Aluminium Imports in Greece

In 2022, purchases abroad of sulphates; of aluminia decreased by -16.2% to 2.4K tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, imports attained the peak of 2.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphates; of aluminium imports expanded to $686K in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 10%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Sulphates; of Aluminium in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey42049653061613.6%
Romania84.394.267.814.3-44.6%
Slovenia14.822.223.5N/A26.0%
Others57.121.533.855.4-1.0%
Total5776346556865.9%

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

  1. Turkey (2354.2 tons)
  2. Romania (44.0 tons)

Sulphates; of Aluminium Exports in Greece

In 2022, the amount of sulphates; of aluminia exported from Greece surged to 501 tons, jumping by 950% on 2021. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of aluminium exports skyrocketed to $205K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphates; of Aluminium in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus21.215.117.9205113.0%
Others0.3N/A0.70.410.1%
Total21.515.118.6205112.1%

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

  1. Cyprus (500.3 tons)

Source: IndexBox Market Intelligence Platform

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