Sulphides; of Sodium Price in Australia - 2023
Contents:
- Sulphides; of Sodium Price in Australia (CIF) - 2023
- Sulphides; of Sodium Price in Australia (FOB) - 2022
- Sulphides; of Sodium Imports in Australia
- Sulphides; of Sodium Exports in Australia
Sulphides; of Sodium Price in Australia (CIF) - 2023
In May 2023, the average sulphides; of sodium import price amounted to $730 per ton, falling by -12.9% against the previous month. Over the period under review, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in December 2022 an increase of 34% m-o-m. Over the period under review, average import prices reached the peak figure at $1,006 per ton in February 2023; however, from March 2023 to May 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to May 2023, the rate of growth in terms of prices for Germany amounted to +0.1% per month.
Sulphides; of Sodium Price in Australia (FOB) - 2022
The average sulphides; of sodium export price stood at $1,703 per ton in 2022, with an increase of 51% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 228% against the previous year. The export price peaked at $1,924 per ton in 2014; however, from 2015 to 2022, the 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 Papua New Guinea ($2,025 per ton), while the average price for exports to Mauritania ($1,006 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 Papua New Guinea (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphides; of Sodium Imports in Australia
In 2022, imports of sulphides; of sodia into Australia skyrocketed to 5K tons, growing by 47% compared with 2021. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphides; of sodium imports surged to $4.5M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphides; of Sodium in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,205 | 1,067 | 1,862 | 3,410 | 41.4% |
| Germany | N/A | N/A | N/A | 808 | 0% |
| Taiwan (Chinese) | N/A | N/A | 16.8 | 246 | 1364.3% |
| India | 5.6 | 45.2 | 47.6 | 34.3 | 83.0% |
| Others | 7.2 | 1.0 | 1.1 | 22.9 | 47.1% |
| Total | 1,218 | 1,113 | 1,928 | 4,521 | 54.8% |
Top Suppliers of Sulphides; of Sodium to Australia in 2022:
- China (3888.0 tons)
- Germany (705.6 tons)
- Taiwan (Chinese) (270.0 tons)
- India (76.5 tons)
Sulphides; of Sodium Exports in Australia
In 2022, sulphides; of sodium exports from Australia skyrocketed to 8.1 tons, growing by 122% against the year before. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 913%. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sulphides; of sodium exports soared to $14K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,151%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Sulphides; of Sodium in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | N/A | 5.8 | 0% |
| Mauritania | N/A | N/A | N/A | 2.8 | 0% |
| Papua New Guinea | N/A | 0.3 | N/A | 2.1 | 164.6% |
| New Zealand | 0.8 | 9.9 | N/A | N/A | 1137.5% |
| Others | N/A | N/A | 4.1 | 3.0 | -26.8% |
| Total | 0.8 | 10.3 | 4.1 | 13.8 | 158.4% |
Top Export Markets for Sulphides; of Sodium from Australia in 2022:
- Finland (4.2 tons)
- Mauritania (2.8 tons)
- Papua New Guinea (1.1 tons)
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