Sulphites; of Sodium Price in Ukraine - 2023

Contents:

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

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

In 2022, the average sulphites; of sodium import price amounted to $904 per ton, increasing by 46% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium import price increased by +86.1% against 2020 indices. As a result, import price reached 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 country with the highest price was Germany ($1,214 per ton), while the price for Turkey ($887 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average sulphites; of sodium export price amounted to $2,079 per ton, rising by 42% against the previous year. Overall, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 630% against the previous year. As a result, the export price reached the peak level of $4,670 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +6.6% per year.

Sulphites; of Sodium Imports in Ukraine

Sulphites; of sodium imports into Ukraine contracted remarkably to 1.2K tons in 2022, declining by -15.9% against the previous year. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2.9%.

In value terms, sulphites; of sodium imports skyrocketed to $1M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Turkey (971.1 tons)
2. China (139.2 tons)
3. Germany (33.4 tons)

Sulphites; of Sodium Exports in Ukraine

In 2022, shipments abroad of sulphites; of sodia decreased by -98.1% to 76 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 114%. As a result, the exports attained the peak of 7.5 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphites; of sodium exports fell markedly to $158 in 2022. Overall, exports showed a dramatic curtailment. The growth pace was the most rapid in 2020 when exports increased by 88%. As a result, the exports reached the peak of $8.2K. From 2021 to 2022, the growth of the exports remained at a lower figure.

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

1. Moldova (75.0 kg)

Source: IndexBox Market Intelligence Platform