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

Contents:

  1. Price for Sulphites; Other than of Sodium in Serbia (CIF) - 2022
  2. Price for Sulphites; Other than of Sodium in Serbia (FOB) - 2022
  3. Imports of Sulphites; Other than of Sodium in Serbia
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.130.967.6205222.7%
Hungary12017110041.7-29.7%
Others5.74.57.78.514.2%
Total13220717525524.5%

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

  1. Italy (85.2 tons)
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina13.226.127.247.152.8%
Montenegro11.69.414.620.621.1%
RomaniaN/AN/AN/A11.10%
Switzerland4.99.74.66.28.2%
North Macedonia0.17.16.32.4188.4%
Croatia3.13.30.90.8-36.3%
Others0.96.71.91.518.6%
Total33.762.255.689.638.5%

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

  1. Bosnia and Herzegovina (17.0 tons)
  2. Montenegro (5.6 tons)
  3. Romania (1.5 tons)
  4. Switzerland (0.9 tons)
  5. North Macedonia (0.8 tons)
  6. Croatia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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