Sulphites; Thiosulphates Price in Norway - 2023

Contents:

1. Sulphites; Thiosulphates Price in Norway (CIF) - 2023
2. Sulphites; Thiosulphates Price in Norway (FOB) - 2022
3. Sulphites; Thiosulphates Imports in Norway
4. Sulphites; Thiosulphates Exports in Norway

Sulphites; Thiosulphates Price in Norway (CIF) - 2023

In September 2023, the average sulphites; thiosulphates import price amounted to $598 per ton, waning by -25.9% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 54% m-o-m. Over the period under review, average import prices hit record highs at $963 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Sweden ($7,527 per ton), while the price for Germany ($557 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphites; Thiosulphates Price in Norway (FOB) - 2022

In 2022, the average sulphites; thiosulphates export price amounted to $1,387 per ton, with an increase of 17% against the previous year. Overall, the export price saw a perceptible expansion. The most prominent rate of growth was recorded in 2013 an increase of 168%. Over the period under review, the average export prices reached the maximum at $4,025 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($11,884 per ton), while the average price for exports to South Africa ($725 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 South Africa (+45.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; Thiosulphates Imports in Norway

For the fourth consecutive year, Norway recorded growth in overseas purchases of sulphites; thiosulphateses, which increased by 1.7% to 7.8K tons in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume 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 +41.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, sulphites; thiosulphates imports surged to $5.1M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 34%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Sulphites; Thiosulphates to Norway in 2022:

1. Germany (3.8K tons)
2. Sweden (1.9K tons)
3. Italy (0.9K tons)
4. United Kingdom (0.7K tons)
5. Denmark (0.4K tons)
6. Turkey (0.1K tons)

Sulphites; Thiosulphates Exports in Norway

For the fourth consecutive year, Norway recorded growth in overseas shipments of sulphites; thiosulphateses, which increased by 17% to 336 tons in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 387%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, sulphites; thiosulphates exports soared to $465K in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 205%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

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

1. Netherlands (154.3 tons)
2. United States (56.7 tons)
3. Denmark (29.3 tons)
4. United Arab Emirates (19.8 tons)
5. Spain (18.5 tons)
6. United Kingdom (8.6 tons)
7. South Korea (8.5 tons)
8. Singapore (8.3 tons)
9. Egypt (4.1 tons)
10. Japan (3.1 tons)
11. South Africa (1.0 tons)
12. Sweden (0.2 tons)

Source: IndexBox Market Intelligence Platform