Sulphites; of Sodium Price in Belarus - 2022

Contents:

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

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

In March 2022, the average sulphites; of sodium export price amounted to $405 per ton, picking up by 18% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +1.1% per month.

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

In 2022, the average sulphites; of sodium import price amounted to $1,080 per ton, growing by 46% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 80%. As a result, import price reached the peak level of $1,456 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($1,149 per ton) and Turkey ($1,083 per ton), while the price for Italy ($923 per ton) and China ($939 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphites; of Sodium Exports in Belarus

In 2022, sulphites; of sodium exports from Belarus dropped markedly to 5.4K tons, with a decrease of -41.5% compared with the previous year. Overall, exports showed a noticeable reduction. The pace of growth was the most pronounced in 2021 when exports increased by 61% against the previous year. As a result, the exports attained the peak of 9.2K tons, and then reduced remarkably in the following year.

In value terms, sulphites; of sodium exports declined notably to $2M in 2022. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, the exports reached the peak of $2.8M, and then contracted sharply in the following year.

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

1. Russia (4753.6 tons)
2. Poland (242.2 tons)
3. Czech Republic (161.3 tons)
4. Romania (109.8 tons)
5. Ukraine (89.0 tons)

Sulphites; of Sodium Imports in Belarus

In 2022, imports of sulphites; of sodia into Belarus skyrocketed to 405 tons, increasing by 137% on 2021 figures. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium imports soared to $438K in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Turkey (156.0 tons)
2. China (146.7 tons)
3. Russia (71.1 tons)
4. Italy (28.4 tons)

Source: IndexBox Market Intelligence Platform