Sulphites; of Sodium Price in Algeria - 2022
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Sulphites; of Sodium Price in Algeria (CIF) - 2022
In 2022, the average sulphites; of sodium import price amounted to $528 per ton, with a decrease of -4.4% against the previous year. In general, the import price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 16% against the previous year. The import price peaked at $714 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 United States ($927 per ton), while the price for China ($172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphites; of Sodium Imports in Algeria
After three years of growth, overseas purchases of sulphites; of sodia decreased by -12.3% to 1.6K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +73.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year.
In value terms, sulphites; of sodium imports reduced notably to $859K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year.
| Import of Sulphites; of Sodium in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 217 | 324 | 447 | 350 | 17.3% |
| Italy | 81.3 | 143 | 272 | 230 | 41.4% |
| United States | 105 | 146 | 189 | 139 | 9.8% |
| China | 6.2 | 6.7 | 3.7 | 34.8 | 77.7% |
| Netherlands | 19.6 | 29.2 | 40.2 | 31.4 | 17.0% |
| Turkey | 1.6 | 0.5 | 11.1 | 14.6 | 109.0% |
| Others | 22.7 | 44.0 | 59.7 | 59.9 | 38.2% |
| Total | 453 | 694 | 1,023 | 859 | 23.8% |
Top Suppliers of Sulphites; of Sodium to Algeria in 2022:
- Germany (776.2 tons)
- Italy (367.4 tons)
- China (202.2 tons)
- United States (149.7 tons)
- Netherlands (40.6 tons)
- Turkey (25.6 tons)
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