Sulphides; of Sodium Price in Russia - 2022

Contents:

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

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

The average sulphides; of sodium import price stood at $968 per ton in January 2022, which is down by -43.6% against the previous month. Overall, the import price, however, posted buoyant growth. The growth pace was the most rapid in December 2021 when the average import price increased by 143% m-o-m. As a result, import price attained the peak level of $1,718 per ton, and then reduced remarkably in the following month.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2021 to January 2022, the rate of growth in terms of prices for China amounted to +7.3% per month.

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

In 2022, the average sulphides; of sodium export price amounted to $659 per ton, shrinking by -3% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2015 an increase of 50% against the previous year. The export price peaked at $867 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +83.6% per year.

Sulphides; of Sodium Imports in Russia

In 2022, the amount of sulphides; of sodia imported into Russia rose markedly to 24K tons, growing by 5.8% compared with the year before. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 9.3% against the previous year. As a result, imports reached the peak of 26K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sulphides; of sodium imports contracted to $12M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of $13M, and then reduced in the following year.

Import of Sulphides; of Sodium in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.48.312.511.812.0%
Iran1.2N/AN/AN/A0%
Kazakhstan2.02.8N/AN/A40.0%
Others0.10.20.20.10.0%
Total11.811.212.711.90.3%

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

  1. China (24.2K tons)

Sulphides; of Sodium Exports in Russia

After three years of growth, overseas shipments of sulphides; of sodia decreased by -35% to 427 tons in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 233%. As a result, the exports reached the peak of 657 tons, and then shrank significantly in the following year.

In value terms, sulphides; of sodium exports shrank sharply to $281K in 2022. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 282%. As a result, the exports reached the peak of $446K, and then shrank significantly in the following year.

Export of Sulphides; of Sodium in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus26.6105117281119.4%
ArmeniaN/AN/A116N/A0%
Kazakhstan59.011.6176N/A72.7%
Others0.70.136.7N/A624.1%
Total86.311744628148.2%

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

  1. Belarus (426.8 tons)

Source: IndexBox Market Intelligence Platform

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