Price for Sulphites; Other than of Sodium in Serbia - 2023
Contents:
- Price for Sulphites; Other than of Sodium in Serbia (CIF) - 2022
- Price for Sulphites; Other than of Sodium in Serbia (FOB) - 2022
- Imports of Sulphites; Other than of Sodium in Serbia
- Exports of Sulphites; Other than of Sodium in Serbia
Price for Sulphites; Other than of Sodium in Serbia (CIF) - 2022
In 2022, the average import price for sulphites; other than of sodia amounted to $2,424 per ton, surging by 69% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; other than of sodium import price increased by +36.0% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,504 per ton), while the price for Hungary ($2,315 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sulphites; Other than of Sodium in Serbia (FOB) - 2022
In 2022, the average export price for sulphites; other than of sodia amounted to $3,435 per ton, picking up by 44% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained 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 Romania ($7,400 per ton), while the average price for exports to Bosnia and Herzegovina ($2,775 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 Romania (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sulphites; Other than of Sodium in Serbia
In 2022, supplies from abroad of sulphites; other than of sodia decreased by -14.1% to 105 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56%. As a result, imports reached the peak of 158 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sulphites; other than of sodium imports surged to $255K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.6% 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 +93.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 57% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Sulphites; Other than of Sodium in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 6.1 | 30.9 | 67.6 | 205 | 222.7% |
Hungary | 120 | 171 | 100 | 41.7 | -29.7% |
Others | 5.7 | 4.5 | 7.7 | 8.5 | 14.2% |
Total | 132 | 207 | 175 | 255 | 24.5% |
Top Suppliers of Sulphites; Other than of Sodium to Serbia in 2022:
- Italy (85.2 tons)
- Hungary (18.0 tons)
Exports of Sulphites; Other than of Sodium in Serbia
In 2022, approx. 26 tons of sulphites; other than of sodia were exported from Serbia; surging by 12% against 2021 figures. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 99%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, sulphites; other than of sodium exports skyrocketed to $90K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 85%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Sulphites; Other than of Sodium in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bosnia and Herzegovina | 13.2 | 26.1 | 27.2 | 47.1 | 52.8% |
Montenegro | 11.6 | 9.4 | 14.6 | 20.6 | 21.1% |
Romania | N/A | N/A | N/A | 11.1 | 0% |
Switzerland | 4.9 | 9.7 | 4.6 | 6.2 | 8.2% |
North Macedonia | 0.1 | 7.1 | 6.3 | 2.4 | 188.4% |
Croatia | 3.1 | 3.3 | 0.9 | 0.8 | -36.3% |
Others | 0.9 | 6.7 | 1.9 | 1.5 | 18.6% |
Total | 33.7 | 62.2 | 55.6 | 89.6 | 38.5% |
Top Export Markets for Sulphites; Other than of Sodium from Serbia in 2022:
- Bosnia and Herzegovina (17.0 tons)
- Montenegro (5.6 tons)
- Romania (1.5 tons)
- Switzerland (0.9 tons)
- North Macedonia (0.8 tons)
- Croatia (0.2 tons)
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