Sulphites; Thiosulphates Price in Luxembourg - 2023

Contents:

1. Sulphites; Thiosulphates Price in Luxembourg (CIF) - 2022
2. Sulphites; Thiosulphates Price in Luxembourg (FOB) - 2022
3. Sulphites; Thiosulphates Imports in Luxembourg
4. Sulphites; Thiosulphates Exports in Luxembourg

Sulphites; Thiosulphates Price in Luxembourg (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $1,102 per ton, jumping by 103% against the previous year. Overall, the import price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 218%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Germany ($1,285 per ton), while the price for Belgium ($191 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphites; Thiosulphates Price in Luxembourg (FOB) - 2022

The average sulphites; thiosulphates export price stood at $7,579 per ton in 2022, declining by -7.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 691%. Over the period under review, the average export prices hit record highs at $15,750 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($9,167 per ton), while the average price for exports to Belgium amounted to $6,846 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+15.0%), while the prices for the other major destinations experienced a decline.

Sulphites; Thiosulphates Imports in Luxembourg

In 2022, sulphites; thiosulphates imports into Luxembourg skyrocketed to 305 tons, growing by 19% 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 +11.6% 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 +65.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, sulphites; thiosulphates imports surged to $336K in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 201%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Sulphites; Thiosulphates to Luxembourg in 2022:

1. Germany (251.3 tons)
2. Belgium (49.2 tons)
3. France (3.8 tons)

Sulphites; Thiosulphates Exports in Luxembourg

In 2022, overseas shipments of sulphites; thiosulphateses decreased by -99.8% to 19 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 14,746% against the previous year. As a result, the exports reached the peak of 9.1 tons, and then declined markedly in the following year.

In value terms, sulphites; thiosulphates exports contracted significantly to $144 in 2022. Overall, exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 20,805%. As a result, the exports reached the peak of $74K, and then declined significantly in the following year.

Top Export Markets for Sulphites; Thiosulphates from Luxembourg in 2022:

1. Belgium (13.0 kg)
2. Netherlands (6.0 kg)

Source: IndexBox Market Intelligence Platform