Sulphites; of Sodium Price in Israel - 2023

Contents:

1. Sulphites; of Sodium Price in Israel (CIF) - 2022
2. Sulphites; of Sodium Price in Israel (FOB) - 2022
3. Sulphites; of Sodium Imports in Israel
4. Sulphites; of Sodium Exports in Israel

Sulphites; of Sodium Price in Israel (CIF) - 2022

In 2022, the average sulphites; of sodium import price amounted to $815 per ton, growing by 63% 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 +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium import price increased by +83.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($815 per ton) and Italy ($815 per ton), while the price for Thailand ($815 per ton) and Germany ($815 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Price in Israel (FOB) - 2022

In 2022, the average sulphites; of sodium export price amounted to $437 per ton, remaining constant against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $1,253 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($792 per ton), while the average price for exports to Sri Lanka ($80 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 Palestine (-6.5%), while the prices for the other major destinations experienced a decline.

Sulphites; of Sodium Imports in Israel

In 2022, imports of sulphites; of sodia into Israel declined remarkably to 1.7K tons, waning by -39.7% on the year before. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of 2.9K tons, and then declined remarkably in the following year.

In value terms, sulphites; of sodium imports shrank to $1.4M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports attained the peak of $1.4M, and then dropped in the following year.

Top Suppliers of Sulphites; of Sodium to Israel in 2022:

1. Turkey (504.4 tons)
2. Italy (358.4 tons)
3. China (348.6 tons)
4. United States (71.2 tons)
5. Germany (71.2 tons)
6. Thailand (50.3 tons)

Sulphites; of Sodium Exports in Israel

In 2022, the amount of sulphites; of sodia exported from Israel stood at 2.3 tons, standing approx. at the previous year's figure. Over the period under review, exports continue to indicate a precipitous shrinkage. The smallest decline of 99.9% was in 2021.

In value terms, sulphites; of sodium exports amounted to $1K in 2022. In general, exports showed a precipitous descent. The smallest decline of 99.9% was in 2021.

Top Export Markets for Sulphites; of Sodium from Israel in 2022:

1. Thailand (1004.0 kg)
2. Peru (120.0 kg)
3. Sri Lanka (100.0 kg)
4. Namibia (58.0 kg)

Source: IndexBox Market Intelligence Platform