Sulphides; of Sodium Price in Serbia - 2024

Contents:

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

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

In 2022, the average sulphides; of sodium import price amounted to $1,042 per ton, jumping by 35% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($1,257 per ton) and Iran ($1,197 per ton), while the price for Bulgaria ($944 per ton) and China ($963 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+56.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average sulphides; of sodium export price amounted to $1,797 per ton, surging by 65% against the previous year. In general, the export price, however, saw a dramatic shrinkage. The export price peaked at $66,462 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +1.4% per year.

Sulphides; of Sodium Imports in Serbia

For the fourth consecutive year, Serbia recorded growth in purchases abroad of sulphides; of sodia, which increased by 23% to 932 tons in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 88% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sulphides; of sodium imports soared to $972K in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 100% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Sulphides; of Sodium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A5930%
Italy11621226217314.3%
IranN/A52.228016577.8%
Belgium50.116.69.422.6-23.3%
Bulgaria16.110.019.616.81.4%
Others0.70.412.11.012.6%
Total18329158297274.5%

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

  1. China (616.0 tons)
  2. Iran (138.0 tons)
  3. Italy (137.7 tons)
  4. Belgium (22.0 tons)
  5. Bulgaria (17.8 tons)

Sulphides; of Sodium Exports in Serbia

In 2022, overseas shipments of sulphides; of sodia decreased by -55.4% to 6.7 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 64,645%.

In value terms, sulphides; of sodium exports fell significantly to $12K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,663% against the previous year.

Export of Sulphides; of Sodium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/AN/AN/A11.10%
North MacedoniaN/A6.015.8N/A163.3%
BulgariaN/A1.2N/AN/A0%
Others0.51.00.50.921.6%
Total0.58.216.312.0188.4%

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

  1. Bosnia and Herzegovina (6.7 tons)

Source: IndexBox Market Intelligence Platform

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