Price for Sulphites; Other than of Sodium in Italy - 2023

Contents:

1. Price for Sulphites; Other than of Sodium in Italy (FOB) - 2023
2. Price for Sulphites; Other than of Sodium in Italy (CIF) - 2022
3. Exports of Sulphites; Other than of Sodium in Italy
4. Imports of Sulphites; Other than of Sodium in Italy

Price for Sulphites; Other than of Sodium in Italy (FOB) - 2023

In November 2023, the average export price for sulphites; other than of sodia amounted to $871 per ton, almost unchanged from the previous month. In general, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in July 2023 an increase of 16% month-to-month. The export price peaked at $1,131 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was the United States ($3,257 per ton), while the average price for exports to Germany ($377 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Sulphites; Other than of Sodium in Italy (CIF) - 2022

In 2022, the average import price for sulphites; other than of sodia amounted to $1,890 per ton, picking up by 57% against the previous year. In general, the import price enjoyed tangible growth. 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 Slovakia ($2,576 per ton), while the price for Spain ($1,658 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sulphites; Other than of Sodium in Italy

In 2022, sulphites; other than of sodium exports from Italy soared to 34K tons, growing by 18% against 2021 figures. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium exports surged to $29M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sulphites; Other than of Sodium from Italy in 2022:

1. France (13.7K tons)
2. Spain (6.1K tons)
3. Turkey (4.7K tons)
4. Poland (2.6K tons)
5. United Kingdom (1.2K tons)
6. Romania (0.8K tons)
7. United States (0.6K tons)
8. Belgium (0.6K tons)
9. United Arab Emirates (0.1K tons)

Imports of Sulphites; Other than of Sodium in Italy

In 2022, after two years of decline, there was significant growth in supplies from abroad of sulphites; other than of sodia, when their volume increased by 67% to 803 tons. Overall, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. 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.

In value terms, sulphites; other than of sodium imports soared to $1.5M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; Other than of Sodium to Italy in 2022:

1. Germany (468.6 tons)
2. Slovakia (133.2 tons)
3. France (93.9 tons)
4. Spain (93.0 tons)

Source: IndexBox Market Intelligence Platform