Sulphites; of Sodium Price in Croatia - 2023

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

The average sulphites; of sodium import price stood at $405 per ton in 2022, rising by 13% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 34%. The import price peaked at $417 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,198 per ton), while the price for Italy ($259 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+7.7%), while the prices for the other major suppliers experienced a decline.

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

The average sulphites; of sodium export price stood at $1,979 per ton in 2022, increasing by 60% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 203% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Bosnia and Herzegovina ($7,920 per ton), while the average price for exports to Slovenia totaled $1,208 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+16.6%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; of Sodium Imports in Croatia

In 2022, after two years of decline, there was significant growth in supplies from abroad of sulphites; of sodia, when their volume increased by 16% to 409 tons. Over the period under review, imports, however, showed a abrupt shrinkage.

In value terms, sulphites; of sodium imports soared to $165K in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphites; of Sodium in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	138	76.4	60.9	93.7	-12.1%
United Kingdom	N/A	N/A	19.9	29.8	49.7%
Germany	1.6	3.1	10.7	18.9	127.7%
Slovenia	16.4	48.4	20.5	18.8	4.7%
Others	9.6	14.8	13.7	4.3	-23.5%
Total	165	143	126	165	0.0%

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

Italy (361.7 tons)
Slovenia (19.6 tons)
United Kingdom (14.7 tons)
Germany (8.6 tons)

Sulphites; of Sodium Exports in Croatia

In 2022, the amount of sulphites; of sodia exported from Croatia fell significantly to 12 tons, which is down by -22.5% against the previous year. Overall, exports saw a precipitous decline. The smallest decline of -14.1% was in 2020.

In value terms, sulphites; of sodium exports soared to $24K in 2022. In general, exports recorded a abrupt shrinkage.

Export of Sulphites; of Sodium in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	16.7	15.8	11.5	13.2	-7.5%
Bosnia and Herzegovina	15.1	10.7	5.8	11.2	-9.5%
Montenegro	2.9	2.1	2.4	N/A	-9.0%
Others	0.3	N/A	N/A	N/A	0%
Total	35.0	28.6	19.7	24.4	-11.3%