Sulphides; of Sodium Price in Belgium - 2023

Contents:

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

Sulphides; of Sodium Price in Belgium (FOB) - 2022

In 2022, the average sulphides; of sodium export price amounted to $1,246 per ton, with an increase of 96% against the previous year. Overall, the export price recorded a remarkable increase. 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 Germany ($6,403 per ton), while the average price for exports to Argentina ($785 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+102.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphides; of Sodium Price in Belgium (CIF) - 2023

In May 2023, the average sulphides; of sodium import price amounted to $811 per ton, with a decrease of -17.7% against the previous month. In general, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 28% m-o-m. As a result, import price reached the peak level of $1,706 per ton. From August 2022 to May 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was China ($1,049 per ton), while the price for Germany ($779 per ton) was amongst the lowest.

From May 2022 to May 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 more modest paces of growth.

Sulphides; of Sodium Exports in Belgium

In 2022, the amount of sulphides; of sodia exported from Belgium contracted dramatically to 5.4K tons, waning by -79.5% against 2021. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, the exports attained the peak of 26K tons, and then contracted sharply in the following year.

In value terms, sulphides; of sodium exports dropped sharply to $6.7M in 2022. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.

Export of Sulphides; of Sodium in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay2392094311,86998.5%
Finland4,0762,9052,5141,839-23.3%
Italy1,4911,3851,9131,5852.1%
Germany1,3949531,500693-20.8%
United Kingdom705535796181-36.4%
Brazil9596372,116107-51.9%
Netherlands572313361107-42.8%
Norway29525128499.9-30.3%
France59250755280.5-48.6%
Morocco73143465334.0-64.0%
Turkey2,2591,5921,0921.9-90.6%
Poland5935285050.9-88.5%
Nigeria7701,664432N/A-25.1%
Others3,2962,2413,615148-64.5%
Total17,97414,15516,7646,746-27.9%

Top Export Markets for Sulphides; of Sodium from Belgium in 2022:

  1. Finland (1880.2 tons)
  2. Uruguay (1692.0 tons)
  3. Italy (1265.5 tons)
  4. Brazil (130.0 tons)
  5. Norway (120.0 tons)
  6. Germany (108.2 tons)
  7. Morocco (40.0 tons)
  8. United Kingdom (28.3 tons)
  9. Netherlands (16.6 tons)
  10. France (12.6 tons)
  11. Turkey (0.3 tons)
  12. Poland (0.1 tons)

Sulphides; of Sodium Imports in Belgium

In 2022, purchases abroad of sulphides; of sodia decreased by -32.9% to 4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year.

In value terms, sulphides; of sodium imports fell remarkably to $5M in 2022. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. As a result, imports reached the peak of $6.4M, and then declined markedly in the following year.

Import of Sulphides; of Sodium in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.73.84.52.6-17.9%
Germany1.01.01.21.411.9%
France0.50.40.40.817.0%
NetherlandsN/AN/A0.2N/A0%
Others0.10.10.10.226.0%
Total6.35.46.45.0-7.4%

Top Suppliers of Sulphides; of Sodium to Belgium in 2022:

  1. Germany (1880.0 tons)
  2. France (1161.4 tons)
  3. United States (840.4 tons)

Source: IndexBox Market Intelligence Platform

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