Chlorates; of Sodium Price in Brazil - 2023

Contents:

  1. Chlorates; of Sodium Price in Brazil (FOB) - 2022
  2. Chlorates; of Sodium Price in Brazil (CIF) - 2023
  3. Chlorates; of Sodium Exports in Brazil
  4. Chlorates; of Sodium Imports in Brazil

Chlorates; of Sodium Price in Brazil (FOB) - 2022

The average chlorates; of sodium export price stood at $525 per ton in 2022, growing by 20% against the previous year. In general, the export price, however, recorded a abrupt decline. The export price peaked at $2,095 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.1% per year.

Chlorates; of Sodium Price in Brazil (CIF) - 2023

In October 2023, the average chlorates; of sodium import price amounted to $576 per ton, falling by -9.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 41% against the previous month. As a result, import price reached the peak level of $846 per ton. From September 2023 to October 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Canada ($598 per ton), while the price for Uruguay stood at $431 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Chlorates; of Sodium Exports in Brazil

In 2022, shipments abroad of chlorates; of sodia decreased by -65.2% to 4.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. As a result, the exports reached the peak of 18K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chlorates; of sodium exports contracted significantly to $2.2M in 2022. Overall, exports faced a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 11%. As a result, the exports attained the peak of $8.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Chlorates; of Sodium in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/A2.12.12.22.4%
Thailand0.1N/A0.3N/A73.2%
Sweden0.40.10.1N/A-50.0%
India5.61.81.5N/A-48.2%
Singapore0.80.4N/AN/A-50.0%
South Africa0.53.71.2N/A54.9%
OthersN/AN/AN/AN/A0%
Total7.48.25.22.2-33.3%

Top Export Markets for Chlorates; of Sodium from Brazil in 2022:

  1. Argentina (4.2K tons)

Chlorates; of Sodium Imports in Brazil

For the fourth consecutive year, Brazil recorded growth in purchases abroad of chlorates; of sodia, which increased by 206% to 29K tons in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorates; of sodium imports soared to $17M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorates; of Sodium in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/A0.19.49300.0%
United StatesN/AN/A0.45.31225.0%
Uruguay0.80.72.81.523.3%
France0.30.81.21.154.2%
China0.60.50.3N/A-29.3%
OthersN/A0.20.4N/A100.0%
Total1.72.15.217.3116.7%

Top Suppliers of Chlorates; of Sodium to Brazil in 2022:

  1. Canada (13.3K tons)
  2. United States (11.2K tons)
  3. Uruguay (3.4K tons)
  4. France (1.6K tons)

Source: IndexBox Market Intelligence Platform

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