Sulphites; Thiosulphates Price in Serbia - 2023

Contents:

1. Sulphites; Thiosulphates Price in Serbia (CIF) - 2022
2. Sulphites; Thiosulphates Price in Serbia (FOB) - 2022
3. Sulphites; Thiosulphates Imports in Serbia
4. Sulphites; Thiosulphates Exports in Serbia

Sulphites; Thiosulphates Price in Serbia (CIF) - 2022

The average sulphites; thiosulphates import price stood at $1,148 per ton in 2022, rising by 37% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +68.7% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Hungary ($2,318 per ton), while the price for Turkey ($816 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Serbia (FOB) - 2022

In 2022, the average sulphites; thiosulphates export price amounted to $1,389 per ton, with an increase of 37% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 39%. Over the period under review, the average export prices hit record highs at $1,744 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Bosnia and Herzegovina ($2,820 per ton), while the average price for exports to Montenegro ($1,156 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 Bosnia and Herzegovina (+1.8%), while the prices for the other major destinations experienced a decline.

Sulphites; Thiosulphates Imports in Serbia

In 2022, imports of sulphites; thiosulphateses into Serbia skyrocketed to 720 tons, surging by 23% against 2021 figures. Overall, imports, however, showed a relatively flat trend pattern.

In value terms, sulphites; thiosulphates imports skyrocketed to $827K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; Thiosulphates to Serbia in 2022:

1. Italy (387.9 tons)
2. Turkey (256.0 tons)
3. Germany (38.7 tons)
4. Hungary (18.0 tons)
5. Belgium (13.4 tons)

Sulphites; Thiosulphates Exports in Serbia

In 2022, approx. 216 tons of sulphites; thiosulphateses were exported from Serbia; growing by 8.9% compared with 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; thiosulphates exports skyrocketed to $300K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.1% 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 +64.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sulphites; Thiosulphates from Serbia in 2022:

1. Montenegro (188.6 tons)
2. Bosnia and Herzegovina (18.0 tons)
3. Romania (4.1 tons)
4. North Macedonia (3.8 tons)

Source: IndexBox Market Intelligence Platform