Price for Sodium Sulphates; Other than Disodium Sulphate in Japan - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Japan (CIF) - 2022
- Price for Sodium Sulphates; Other than Disodium Sulphate in Japan (FOB) - 2022
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Japan
- Exports of Sodium Sulphates; Other than Disodium Sulphate in Japan
Price for Sodium Sulphates; Other than Disodium Sulphate in Japan (CIF) - 2022
The average import price for sodium sulphates; other than disodium sulphates stood at $450 per ton in 2022, increasing by 8.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs in 2022 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 country with the highest price was the United States ($477 per ton), while the price for Turkey amounted to $386 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sodium Sulphates; Other than Disodium Sulphate in Japan (FOB) - 2022
In 2022, the average export price for sodium sulphates; other than disodium sulphates amounted to $8,025 per ton, which is down by -70.3% against the previous year. Over the period under review, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 603% against the previous year. As a result, the export price attained the peak level of $37,219 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($8,076 per ton), while the average price for exports to the Philippines ($2,799 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 Thailand (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sodium Sulphates; Other than Disodium Sulphate in Japan
Imports of sodium sulphates; other than disodium sulphates into Japan skyrocketed to 3.1K tons in 2022, with an increase of 19% compared with 2021. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of sodium sulphates; other than disodium sulphates surged to $1.4M in 2022. The total import value increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 891 | 847 | 867 | 1,031 | 5.0% |
| Turkey | 86.0 | 244 | 199 | 356 | 60.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 977 | 1,091 | 1,066 | 1,387 | 12.4% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Japan in 2022:
- United States (2.2K tons)
- Turkey (0.9K tons)
Exports of Sodium Sulphates; Other than Disodium Sulphate in Japan
In 2022, after two years of decline, there was significant growth in overseas shipments of sodium sulphates; other than disodium sulphates, when their volume increased by 13% to 3.7 tons. Overall, exports, however, recorded a precipitous decline.
In value terms, exports of sodium sulphates; other than disodium sulphates dropped markedly to $30K in 2022. In general, exports, however, faced a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 385%. As a result, the exports reached the peak of $416K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Sodium Sulphates; Other than Disodium Sulphate in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 13.4 | 0% |
| Switzerland | 57.4 | N/A | N/A | 2.2 | -66.3% |
| Philippines | N/A | N/A | N/A | 2.1 | 0% |
| India | N/A | N/A | N/A | 1.8 | 0% |
| South Korea | N/A | N/A | 6.6 | N/A | 0% |
| China | 28.0 | 416 | 78.0 | N/A | 66.9% |
| Others | 0.2 | N/A | 4.4 | 10.3 | 272.1% |
| Total | 85.7 | 416 | 89.0 | 29.9 | -29.6% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Japan in 2022:
- Thailand (2200.0 kg)
- Philippines (750.0 kg)
- India (500.0 kg)
- Switzerland (275.0 kg)
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