Sulphites; of Sodium Price in Slovenia - 2023

Contents:

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

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

In 2022, the average sulphites; of sodium import price amounted to $1,023 per ton, surging by 48% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +93.5% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Austria ($3,717 per ton), while the price for Italy ($828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sulphites; of sodium export price stood at $1,141 per ton in 2022, rising by 46% against the previous year. In general, the export price, however, recorded a deep setback. The export price peaked at $4,852 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($3,510 per ton), while the average price for exports to Bosnia and Herzegovina ($1,036 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 Austria (+2.9%), while the prices for the other major destinations experienced a decline.

Sulphites; of Sodium Imports in Slovenia

Sulphites; of sodium imports into Slovenia declined markedly to 486 tons in 2022, shrinking by -31.5% compared with 2021 figures. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports reached the peak of 710 tons, and then reduced notably in the following year.

In value terms, sulphites; of sodium imports reached $497K in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 7.5% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. Italy (400.8 tons)
2. Germany (49.1 tons)
3. Austria (12.3 tons)
4. Croatia (9.6 tons)

Sulphites; of Sodium Exports in Slovenia

In 2022, overseas shipments of sulphites; of sodia decreased by -6.9% to 52 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate mild growth. The pace of growth appeared the most rapid in 2020 when exports increased by 77% against the previous year. As a result, the exports attained the peak of 88 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphites; of sodium exports surged to $60K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 61%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Bosnia and Herzegovina (42.3 tons)
2. Austria (7.1 tons)
3. Serbia (1.7 tons)
4. Croatia (1.1 tons)

Source: IndexBox Market Intelligence Platform