Sulphites; of Sodium Price in Luxembourg - 2023

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

The average sulphites; of sodium import price stood at $480 per ton in 2022, picking up by 51% against the previous year. In general, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 an increase of 797% against the previous year. As a result, import price reached the peak level of $1,606 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($670 per ton), while the price for Belgium stood at $199 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average sulphites; of sodium export price amounted to $2,178 per ton, growing by 100% against the previous year. In general, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($2,435 per ton), while the average price for exports to the Netherlands totaled $1,345 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.4%).

Sulphites; of Sodium Imports in Luxembourg

Sulphites; of sodium imports into Luxembourg declined rapidly to 122 tons in 2022, falling by -36.7% against the previous year's figure. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year. As a result, imports reached the peak of 192 tons, and then declined dramatically in the following year.

In value terms, sulphites; of sodium imports fell slightly to $59K in 2022. Overall, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. As a result, imports reached the peak of $61K, and then shrank slightly in the following year.

Import of Sulphites; of Sodium in Luxembourg (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.4	5.2	22.8	48.7	226.4%
Belgium	33.9	29.0	38.4	9.8	-33.9%
Others	2.2	N/A	N/A	N/A	0%
Total	37.4	34.3	61.1	58.5	16.1%

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

Germany (72.7 tons)
Belgium (49.2 tons)

Sulphites; of Sodium Exports in Luxembourg

In 2022, after two years of growth, there was significant decline in overseas shipments of sulphites; of sodia, when their volume decreased by -74.9% to 12 tons. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 24,070% against the previous year. As a result, the exports attained the peak of 49 tons, and then fell remarkably in the following year.

In value terms, sulphites; of sodium exports reduced notably to $27K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 23,266% against the previous year. As a result, the exports reached the peak of $53K, and then declined significantly in the following year.