Sulphites; of Sodium Price in Switzerland - 2023
Contents:
- Sulphites; of Sodium Price in Switzerland (CIF) - 2023
- Sulphites; of Sodium Price in Switzerland (FOB) - 2022
- Sulphites; of Sodium Imports in Switzerland
- Sulphites; of Sodium Exports in Switzerland
Sulphites; of Sodium Price in Switzerland (CIF) - 2023
The average sulphites; of sodium import price stood at $609 per ton in August 2023, surging by 2.9% against the previous month. In general, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 54% month-to-month. Over the period under review, average import prices attained the peak figure at $1,342 per ton in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($754 per ton), while the price for Italy ($407 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced a decline.
Sulphites; of Sodium Price in Switzerland (FOB) - 2022
The average sulphites; of sodium export price stood at $819 per ton in 2022, rising by 27% against the previous year. In general, the export price showed strong growth. The most prominent rate of growth was recorded in 2016 an increase of 215% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,364 per ton), while the average price for exports to France ($105 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 Italy (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphites; of Sodium Imports in Switzerland
In 2022, the amount of sulphites; of sodia imported into Switzerland shrank to 4.8K tons, waning by -9.1% compared with the previous year's figure. In general, imports saw a abrupt slump. The smallest decline of -0.4% was in 2021.
In value terms, sulphites; of sodium imports skyrocketed to $3M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern.
| Import of Sulphites; of Sodium in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 1.7 | 1.9 | 2.4 | -3.9% |
| Italy | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Total | 3.0 | 2.0 | 2.4 | 3.0 | 0.0% |
Top Suppliers of Sulphites; of Sodium to Switzerland in 2022:
- Germany (4.0K tons)
- Italy (0.7K tons)
Sulphites; of Sodium Exports in Switzerland
In 2022, exports of sulphites; of sodia from Switzerland dropped remarkably to 242 tons, waning by -27.1% on the year before. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5%.
In value terms, sulphites; of sodium exports shrank to $199K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year. As a result, the exports reached the peak of $214K, and then dropped in the following year.
| Export of Sulphites; of Sodium in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 65.4 | 42.3 | 57.1 | 41.0 | -14.4% |
| Ghana | 6.9 | 17.8 | 32.9 | 37.6 | 76.0% |
| Venezuela | 1.5 | 0.5 | 2.8 | 22.5 | 146.6% |
| France | 24.9 | 26.3 | 28.5 | 18.8 | -8.9% |
| United Kingdom | 3.7 | 4.0 | 5.6 | 13.1 | 52.4% |
| Belgium | 4.4 | N/A | N/A | 11.8 | 38.9% |
| South Korea | 7.9 | 10.0 | 44.7 | 6.0 | -8.8% |
| China | 3.7 | 3.8 | 5.7 | 5.9 | 16.8% |
| Italy | 2.1 | N/A | 0.1 | N/A | -78.2% |
| Others | 32.5 | 23.7 | 36.5 | 42.0 | 8.9% |
| Total | 153 | 128 | 214 | 199 | 9.2% |
Top Export Markets for Sulphites; of Sodium from Switzerland in 2022:
- France (179.0 tons)
- Ghana (23.1 tons)
- Venezuela (13.7 tons)
- United Kingdom (7.0 tons)
- Germany (5.6 tons)
- Belgium (5.0 tons)
- South Korea (3.9 tons)
- China (1.5 tons)
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