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

Contents:

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

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

In 2022, the average import price for sulphites; other than of sodia amounted to $1,148 per ton, picking up by 6.2% against the previous year. In general, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $1,803 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 the Netherlands ($1,781 per ton), while the price for Belgium ($749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced a decline.

Price for Sulphites; Other than of Sodium in Greece (FOB) - 2022

In 2022, the average export price for sulphites; other than of sodia amounted to $2,338 per ton, jumping by 41% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $2,486 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($3,309 per ton), while the average price for exports to Liberia ($1,582 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 North Macedonia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphites; Other than of Sodium in Greece

In 2022, overseas purchases of sulphites; other than of sodia decreased by -8.3% to 308 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +44.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 42%. As a result, imports reached the peak of 336 tons, and then reduced in the following year.

In value terms, sulphites; other than of sodium imports declined slightly to $353K in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports attained the peak of $363K, and then contracted in the following year.

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

1. Italy (227.3 tons)
2. Belgium (40.0 tons)
3. Germany (18.9 tons)
4. France (11.8 tons)
5. Netherlands (9.8 tons)

Exports of Sulphites; Other than of Sodium in Greece

In 2022, approx. 10 tons of sulphites; other than of sodia were exported from Greece; increasing by 14% against the year before. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 141%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, sulphites; other than of sodium exports surged to $24K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 127% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. North Macedonia (5.0 tons)
2. Cyprus (2.6 tons)
3. Egypt (1.1 tons)
4. Marshall Islands (1.1 tons)
5. Turkey (0.3 tons)
6. Liberia (0.2 tons)

Source: IndexBox Market Intelligence Platform