Sulphates; of Aluminium Price in Ukraine - 2023

Contents:

  1. Sulphates; of Aluminium Price in Ukraine (CIF) - 2023
  2. Sulphates; of Aluminium Price in Ukraine (FOB) - 2022
  3. Sulphates; of Aluminium Imports in Ukraine
  4. Sulphates; of Aluminium Exports in Ukraine

Sulphates; of Aluminium Price in Ukraine (CIF) - 2023

In August 2023, the average sulphates; of aluminium import price amounted to $364 per ton, with a decrease of -12.8% against the previous month. Over the period under review, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 21% against the previous month. As a result, import price attained the peak level of $581 per ton. From February 2023 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($4,440 per ton), while the price for Romania ($310 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sulphates; of aluminium export price stood at $275 per ton in 2022, declining by -20.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 64% against the previous year. As a result, the export price attained the peak level of $430 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($9,394 per ton), while the average price for exports to Nigeria ($71 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+43.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Aluminium Imports in Ukraine

In 2022, imports of sulphates; of aluminia into Ukraine skyrocketed to 19K tons, rising by 32% on the year before. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of aluminium imports surged to $6.9M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphates; of Aluminium in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1022601582,833202.8%
Germany13.315.714.32,146444.4%
Romania4.234.164.81,257568.9%
Poland4.57.310.1274293.4%
Belarus2,4652,6403,097119-63.6%
Russia73.171.979.014.4-41.8%
Others79.275.413321439.3%
Total2,7413,1053,5566,85835.8%

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

  1. Turkey (13.7K tons)
  2. Romania (3.2K tons)
  3. Germany (0.8K tons)
  4. Belarus (0.5K tons)
  5. Poland (0.5K tons)
  6. Russia (0.1K tons)

Sulphates; of Aluminium Exports in Ukraine

Sulphates; of aluminium exports from Ukraine skyrocketed to 40 tons in 2022, surging by 252% against 2021 figures. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 404%. As a result, the exports attained the peak of 69 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sulphates; of aluminium exports surged to $11K in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 238%. As a result, the exports attained the peak of $18K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Sulphates; of Aluminium in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1.76.71.65.144.2%
Nigeria1.75.00.92.17.3%
Uzbekistan0.51.80.41.337.5%
Latvia0.11.40.31.0115.4%
Turkmenistan0.31.10.20.626.0%
Russia0.30.90.20.410.1%
Others0.71.30.30.84.6%
Total5.418.24.011.127.1%

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

  1. Nigeria (29.4 tons)
  2. Kazakhstan (4.0 tons)
  3. Uzbekistan (2.8 tons)
  4. Turkmenistan (1.9 tons)
  5. Latvia (1.6 tons)
  6. Russia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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