Sulphides; of Sodium Price in Portugal - 2023

Contents:

1. Sulphides; of Sodium Price in Portugal (CIF) - 2022
2. Sulphides; of Sodium Price in Portugal (FOB) - 2022
3. Sulphides; of Sodium Imports in Portugal
4. Sulphides; of Sodium Exports in Portugal

Sulphides; of Sodium Price in Portugal (CIF) - 2022

The average sulphides; of sodium import price stood at $1,342 per ton in 2022, rising by 50% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides; of sodium import price increased by +84.5% against 2017 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 77%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,557 per ton), while the price for Belgium ($990 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphides; of Sodium Price in Portugal (FOB) - 2022

In 2022, the average sulphides; of sodium export price amounted to $1,639 per ton, approximately equating the previous year. Overall, the export price saw strong growth. The most prominent rate of growth was recorded in 2019 an increase of 133%. The export price peaked at $3,167 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($1,674 per ton), while the average price for exports to Spain amounted to $1,177 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+17.7%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphides; of Sodium Imports in Portugal

In 2022, purchases abroad of sulphides; of sodia was finally on the rise to reach 727 tons after two years of decline. Over the period under review, imports, however, saw a deep reduction.

In value terms, sulphides; of sodium imports surged to $976K in 2022. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphides; of Sodium to Portugal in 2022:

1. Spain (223.8 tons)
2. France (171.0 tons)
3. Italy (161.6 tons)
4. China (84.0 tons)
5. Germany (48.8 tons)
6. Belgium (38.0 tons)

Sulphides; of Sodium Exports in Portugal

For the third year in a row, Portugal recorded decline in shipments abroad of sulphides; of sodia, which decreased by 0% to 23 tons in 2022. Overall, exports posted significant growth. The smallest decline of -78.6% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, sulphides; of sodium exports stood at $37K in 2022. Over the period under review, exports recorded significant growth. The smallest decline of -64.8% was in 2020. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Sulphides; of Sodium from Portugal in 2022:

1. Morocco (20.7 tons)
2. Spain (2.0 tons)

Source: IndexBox Market Intelligence Platform