United Kingdom - Sulphates (Excluding Those Of Aluminium And Barium) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSulphates Price in the UK - 2023
Contents:
- Sulphates Price in the UK (CIF) - 2023
- Sulphates Price in the UK (FOB) - 2022
- Sulphates Imports in the UK
- Sulphates Exports in the UK
Sulphates Price in the UK (CIF) - 2023
In June 2023, the average sulphates import price amounted to $194 per ton, picking up by 30% against the previous month. In general, the import price, however, recorded a deep downturn. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 73% against the previous month. As a result, import price attained the peak level of $808 per ton. From November 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($1,301 per ton), while the price for Turkey ($57.0 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates Price in the UK (FOB) - 2022
In 2022, the average sulphates export price amounted to $1,266 per ton, growing by 6% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates export price increased by +85.8% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 69%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($3,056 per ton), while the average price for exports to Italy ($375 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 Denmark (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates Imports in the UK
In 2022, overseas purchases of sulphates (excluding those of aluminium and barium) were finally on the rise to reach 258K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a noticeable downturn.
In value terms, sulphates imports expanded significantly to $76M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Sulphates in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.2 | 10.2 | 8.8 | 14.5 | -3.6% |
| Spain | 11.9 | 11.5 | 5.5 | 11.0 | -2.6% |
| Belgium | 9.3 | 3.0 | 1.4 | 9.4 | 0.4% |
| China | 6.1 | 6.7 | 5.5 | 9.0 | 13.8% |
| India | 2.5 | 1.8 | 6.2 | 5.5 | 30.1% |
| Finland | 2.4 | 3.8 | 7.9 | 4.9 | 26.9% |
| Netherlands | 2.8 | 2.3 | 3.0 | 2.1 | -9.1% |
| France | 1.1 | 1.6 | 1.2 | 0.6 | -18.3% |
| Norway | 0.9 | 1.1 | N/A | 0.1 | -51.9% |
| Others | 17.9 | 14.9 | 31.9 | 19.4 | 2.7% |
| Total | 71.1 | 56.8 | 71.4 | 76.4 | 2.4% |
Top Suppliers of Sulphates to the UK in 2022:
- Spain (92.3K tons)
- Finland (74.3K tons)
- Belgium (33.7K tons)
- Germany (18.7K tons)
- China (14.1K tons)
- India (7.7K tons)
- Netherlands (4.5K tons)
- France (2.1K tons)
- Norway (0.3K tons)
Sulphates Exports in the UK
In 2022, shipments abroad of sulphates (excluding those of aluminium and barium) was finally on the rise to reach 8.6K tons after two years of decline. In general, exports, however, recorded a dramatic slump.
In value terms, sulphates exports skyrocketed to $11M in 2022. Overall, exports, however, continue to indicate a abrupt curtailment.
| Export of Sulphates in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,684 | 738 | 1,547 | 2,384 | 12.3% |
| Netherlands | 2,413 | 779 | 601 | 1,495 | -14.7% |
| Ireland | 2,087 | 1,856 | 1,989 | 1,182 | -17.3% |
| Denmark | 406 | 267 | 240 | 804 | 25.6% |
| Turkey | 14.3 | 77.5 | 149 | 502 | 227.4% |
| Finland | 8.3 | 5.2 | 9.3 | 488 | 288.8% |
| South Korea | 78.1 | 25.8 | 24.8 | 345 | 64.1% |
| France | 669 | 327 | 188 | 239 | -29.0% |
| Belgium | 835 | 485 | 212 | 215 | -36.4% |
| Sweden | 90.6 | 61.0 | 25.2 | 191 | 28.2% |
| Congo | N/A | 34.1 | 181 | 181 | 130.4% |
| Spain | 431 | 92.3 | 95.6 | 92.5 | -40.1% |
| Italy | 2,371 | 2,123 | 443 | 36.9 | -75.0% |
| Others | 3,344 | 2,508 | 2,230 | 2,797 | -5.8% |
| Total | 14,432 | 9,378 | 7,935 | 10,953 | -8.8% |
Top Export Markets for Sulphates from the UK in 2022:
- Netherlands (2787.2 tons)
- Germany (2159.0 tons)
- Ireland (703.1 tons)
- Finland (409.4 tons)
- Denmark (321.7 tons)
- South Korea (206.5 tons)
- Sweden (186.2 tons)
- Turkey (164.1 tons)
- Congo (139.5 tons)
- France (114.3 tons)
- Italy (98.3 tons)
- Belgium (96.1 tons)
- Spain (43.4 tons)
This report provides an in-depth analysis of the sulphates market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134157 - Sulphates (excluding those of aluminium and barium)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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