Sulphates; of Aluminium Price in Spain - 2023

Contents:

  1. Sulphates; of Aluminium Price in Spain (FOB) - 2022
  2. Sulphates; of Aluminium Price in Spain (CIF) - 2022
  3. Sulphates; of Aluminium Exports in Spain
  4. Sulphates; of Aluminium Imports in Spain

Sulphates; of Aluminium Price in Spain (FOB) - 2022

In 2022, the average sulphates; of aluminium export price amounted to $285 per ton, picking up by 28% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; of aluminium export price increased by +68.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,009 per ton), while the average price for exports to France ($195 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 Germany (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphates; of Aluminium Price in Spain (CIF) - 2022

In 2022, the average sulphates; of aluminium import price amounted to $269 per ton, shrinking by -17.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 57%. As a result, import price attained the peak level of $325 per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,840 per ton), while the price for Portugal ($83 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Aluminium Exports in Spain

In 2022, shipments abroad of sulphates; of aluminia decreased by -10.3% to 24K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 6.1% against the previous year. As a result, the exports reached the peak of 26K tons, and then dropped in the following year.

In value terms, sulphates; of aluminium exports reached $6.8M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.8% 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 +60.2% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Sulphates; of Aluminium in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.62.73.63.70.9%
GermanyN/AN/AN/A0.90%
Portugal0.70.50.70.84.6%
Others1.11.01.61.48.4%
Total5.44.25.96.88.0%

Top Export Markets for Sulphates; of Aluminium from Spain in 2022:

  1. France (19.1K tons)
  2. Portugal (2.9K tons)
  3. Germany (0.4K tons)

Sulphates; of Aluminium Imports in Spain

In 2022, approx. 6.6K tons of sulphates; of aluminia were imported into Spain; increasing by 14% on the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, sulphates; of aluminium imports declined to $1.8M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 136% against the previous year. As a result, imports reached the peak of $1.9M, and then dropped in the following year.

Import of Sulphates; of Aluminium in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany60.9108282909146.2%
China15815926925817.8%
Portugal226179220208-2.7%
Turkey207225329184-3.9%
France59.138.671413.2-39.3%
Others12496.687.421219.6%
Total8348061,9021,78428.8%

Top Suppliers of Sulphates; of Aluminium to Spain in 2022:

  1. France (undefinedK tons)
  2. Germany (3.3K tons)
  3. Portugal (2.5K tons)
  4. Turkey (0.6K tons)
  5. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

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