Sulphites; of Sodium Price in France - 2023

Contents:

  1. Sulphites; of Sodium Price in France (CIF) - 2023
  2. Sulphites; of Sodium Price in France (FOB) - 2022
  3. Sulphites; of Sodium Imports in France
  4. Sulphites; of Sodium Exports in France

Sulphites; of Sodium Price in France (CIF) - 2023

The average sulphites; of sodium import price stood at $389 per ton in August 2023, increasing by 1.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 25% against the previous month. Over the period under review, average import prices reached the maximum at $514 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($576 per ton), while the price for Thailand amounted to $546 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sulphites; of sodium export price stood at $473 per ton in 2022, picking up by 2.2% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $992 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($1,852 per ton), while the average price for exports to Germany ($202 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 Portugal (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; of Sodium Imports in France

In 2022, sulphites; of sodium imports into France expanded to 48K tons, increasing by 3.7% on 2021 figures. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium imports surged to $18M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphites; of Sodium in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.44.85.18.926.5%
Italy3.32.83.24.28.4%
Belgium1.81.42.03.828.3%
DenmarkN/AN/AN/A0.40%
Others0.40.50.70.931.0%
Total9.99.611.018.122.3%

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

  1. Germany (23.9K tons)
  2. Belgium (10.7K tons)
  3. Italy (10.6K tons)
  4. Denmark (1.1K tons)

Sulphites; of Sodium Exports in France

In 2022, the amount of sulphites; of sodia exported from France was estimated at 2.8K tons, with an increase of 9.6% on the previous year's figure. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, sulphites; of sodium exports stood at $1.3M in 2022. Over the period under review, 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 +71.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Sulphites; of Sodium in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium15714417825818.0%
Spain10213916918421.7%
Italy63.362.284.511020.2%
Congo1.427.456.7110328.3%
Portugal36.670.912094.137.0%
Netherlands5.77.15.381.2142.4%
MadagascarN/AN/A0.170.370200.0%
United Kingdom27.79.628.62.7-54.0%
Others464319547424-3.0%
Total8587791,1901,33315.8%

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

  1. Belgium (955.1 tons)
  2. Spain (505.9 tons)
  3. Netherlands (391.3 tons)
  4. Portugal (280.5 tons)
  5. Italy (253.5 tons)
  6. Congo (59.4 tons)
  7. Madagascar (55.5 tons)
  8. United Kingdom (6.4 tons)

Source: IndexBox Market Intelligence Platform

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