Sulphites; of Sodium Price in Belgium - 2023

Contents:

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

Sulphites; of Sodium Price in Belgium (FOB) - 2022

The average sulphites; of sodium export price stood at $378 per ton in 2022, with an increase of 55% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $398 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($799 per ton), while the average price for exports to the Netherlands ($282 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 the Netherlands (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; of Sodium Price in Belgium (CIF) - 2022

The average sulphites; of sodium import price stood at $632 per ton in 2022, with an increase of 54% against the previous year. In general, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($984 per ton), while the price for Austria ($214 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Exports in Belgium

Sulphites; of sodium exports from Belgium reduced slightly to 28K tons in 2022, dropping by -4.3% against the previous year's figure. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 29K tons, and then fell slightly in the following year.

In value terms, sulphites; of sodium exports soared to $10M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphites; of Sodium in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.21.72.44.224.1%
Netherlands2.02.02.23.520.5%
Germany0.30.30.60.732.6%
United Kingdom0.40.20.40.3-9.1%
Others1.91.51.51.8-1.8%
Total6.75.67.010.415.8%

Top Export Markets for Sulphites; of Sodium from Belgium in 2022:

  1. Netherlands (12.2K tons)
  2. France (10.8K tons)
  3. Germany (2.3K tons)
  4. United Kingdom (0.4K tons)

Sulphites; of Sodium Imports in Belgium

In 2022, overseas purchases of sulphites; of sodia decreased by -15.5% to 7.7K tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 7.3% against the previous year. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sulphites; of sodium imports surged to $4.8M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphites; of Sodium in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,9221,9881,6522,911-0.1%
Turkey91.234917352779.4%
Italy525387813519-0.4%
France18222923541031.1%
Netherlands374362399329-4.2%
Austria22353232416.4-58.1%
Others29.921.911612259.8%
Total4,3473,8673,7104,8343.6%

Top Suppliers of Sulphites; of Sodium to Belgium in 2022:

  1. Germany (5.4K tons)
  2. Turkey (0.7K tons)
  3. Netherlands (0.5K tons)
  4. Italy (0.5K tons)
  5. France (0.4K tons)
  6. Austria (0.1K tons)

Source: IndexBox Market Intelligence Platform

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