Sulphates; of Aluminium Price in Sweden - 2023
Contents:
- Sulphates; of Aluminium Price in Sweden (FOB) - 2023
- Sulphates; of Aluminium Price in Sweden (CIF) - 2023
- Sulphates; of Aluminium Exports in Sweden
- Sulphates; of Aluminium Imports in Sweden
Sulphates; of Aluminium Price in Sweden (FOB) - 2023
The average sulphates; of aluminium export price stood at $401 per ton in August 2023, with an increase of 22% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the United States ($903 per ton), while the average price for exports to Germany ($313 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Aluminium Price in Sweden (CIF) - 2023
In August 2023, the average sulphates; of aluminium import price amounted to $299 per ton, with an increase of 2.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 22% month-to-month. As a result, import price attained the peak level of $388 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Finland.
From August 2022 to August 2023, the rate of growth in terms of prices for Finland amounted to -0.4% per month.
Sulphates; of Aluminium Exports in Sweden
In 2022, after three years of growth, there was decline in overseas shipments of sulphates; of aluminia, when their volume decreased by -3.1% to 49K tons. The total export volume increased at an average annual rate of +8.6% 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 appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of 50K tons, and then fell in the following year.
In value terms, sulphates; of aluminium exports rose remarkably to $14M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Sulphates; of Aluminium in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2,017 | 2,602 | 3,748 | 3,056 | 14.9% |
| Cote d'Ivoire | 135 | 331 | 846 | 1,473 | 121.8% |
| Ghana | 1,137 | 865 | 820 | 1,216 | 2.3% |
| Germany | 495 | 156 | 319 | 973 | 25.3% |
| United States | 533 | 342 | 657 | 961 | 21.7% |
| Cameroon | 44.0 | 462 | 373 | 642 | 144.4% |
| Netherlands | 495 | 460 | 741 | 567 | 4.6% |
| Honduras | 825 | N/A | 641 | 534 | -13.5% |
| Denmark | 95.4 | 107 | 144 | 508 | 74.6% |
| Angola | 464 | 922 | 434 | 481 | 1.2% |
| Nigeria | 19.6 | 13.0 | 475 | 407 | 174.9% |
| Latvia | 374 | 836 | 421 | 405 | 2.7% |
| Niger | 396 | 644 | N/A | 269 | -12.1% |
| Others | 1,699 | 2,040 | 3,312 | 2,307 | 10.7% |
| Total | 8,729 | 9,780 | 12,931 | 13,797 | 16.5% |
Top Export Markets for Sulphates; of Aluminium from Sweden in 2022:
- Norway (11.2K tons)
- Cote d'Ivoire (5.4K tons)
- Ghana (3.9K tons)
- Germany (3.7K tons)
- Netherlands (3.4K tons)
- United States (2.5K tons)
- Denmark (2.2K tons)
- Cameroon (2.1K tons)
- Nigeria (2.0K tons)
- Latvia (1.6K tons)
- Honduras (1.6K tons)
- Angola (1.5K tons)
- Niger (1.0K tons)
Sulphates; of Aluminium Imports in Sweden
In 2022, approx. 15K tons of sulphates; of aluminia were imported into Sweden; waning by -8.6% compared with the previous year. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 12%. As a result, imports attained the peak of 17K tons, and then dropped in the following year.
In value terms, sulphates; of aluminium imports stood at $4.4M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Sulphates; of Aluminium in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 3.8 | 3.5 | 4.1 | 4.3 | 4.2% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 3.9 | 3.7 | 4.3 | 4.4 | 4.1% |
Top Suppliers of Sulphates; of Aluminium to Sweden in 2022:
- Finland (15.2K tons)
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