Chlorates; of Sodium Price in Australia - 2023

Contents:

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

Chlorates; of Sodium Price in Australia (CIF) - 2023

In September 2023, the average chlorates; of sodium import price amounted to $841 per ton, reducing by -3.5% against the previous month. Over the period under review, the import price saw a mild descent. The pace of growth appeared the most rapid in November 2022 an increase of 75% month-to-month. The import price peaked at $1,075 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($843 per ton), while the price for Finland ($836 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 China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorates; of Sodium Price in Australia (FOB) - 2022

The average chlorates; of sodium export price stood at $6,157 per ton in 2022, picking up by 514% against the previous year. In general, the export price enjoyed a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nauru ($6,158 per ton), while the average price for exports to Japan amounted to $6,157 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nauru (+148.2%), while the prices for the other major destinations experienced mixed trend patterns.

Chlorates; of Sodium Imports in Australia

Chlorates; of sodium imports into Australia skyrocketed to 21K tons in 2022, growing by 83% on the year before. Over the period under review, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorates; of sodium imports soared to $14M in 2022. In general, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chlorates; of Sodium in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada7.05.46.36.4-2.9%
United Kingdom0.50.10.14.1101.7%
Finland0.20.30.11.386.6%
UruguayN/AN/AN/A0.90%
China0.20.2N/A0.535.7%
Others0.30.30.30.518.6%
Total8.16.26.913.719.1%

Top Suppliers of Chlorates; of Sodium to Australia in 2022:

  1. United Kingdom (8.7K tons)
  2. Canada (8.0K tons)
  3. Finland (2.5K tons)
  4. China (0.8K tons)
  5. Uruguay (0.7K tons)

Chlorates; of Sodium Exports in Australia

In 2022, the amount of chlorates; of sodia exported from Australia shrank significantly to 11 tons, falling by -88.1% against 2021. In general, exports, however, continue to indicate a slight expansion. The growth pace was the most rapid in 2021 with an increase of 5,975%. As a result, the exports reached the peak of 94 tons, and then dropped sharply in the following year.

In value terms, chlorates; of sodium exports fell rapidly to $69K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 4,419% against the previous year. As a result, the exports attained the peak of $95K, and then shrank rapidly in the following year.

Export of Chlorates; of Sodium in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A63.60%
NauruN/AN/AN/A5.60%
Hong Kong SAR1.80.217.8N/A214.5%
Fiji6.31.548.2N/A176.6%
Solomon Islands1.40.16.7N/A118.8%
SeychellesN/AN/A9.5N/A0%
Others1.90.212.3N/A154.4%
Total11.32.194.569.283.0%

Top Export Markets for Chlorates; of Sodium from Australia in 2022:

  1. Japan (10.3 tons)
  2. Nauru (0.9 tons)

Source: IndexBox Market Intelligence Platform

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