Dithionites and Sulphoxylates Price in Brazil - 2023

Contents:

  1. Dithionites and Sulphoxylates Price in Brazil (CIF) - 2023
  2. Dithionites and Sulphoxylates Price in Brazil (FOB) - 2022
  3. Dithionites and Sulphoxylates Imports in Brazil
  4. Dithionites and Sulphoxylates Exports in Brazil

Dithionites and Sulphoxylates Price in Brazil (CIF) - 2023

In October 2023, the average dithionites and sulphoxylates import price amounted to $1,266 per ton, falling by -4.3% against the previous month. In general, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in March 2023 an increase of 34% m-o-m. The import price peaked at $2,506 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($2,432 per ton), while the price for China ($960 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by India (-0.8%), while the prices for the other major suppliers experienced a decline.

Dithionites and Sulphoxylates Price in Brazil (FOB) - 2022

The average dithionites and sulphoxylates export price stood at $5,131 per ton in 2022, falling by -11.7% against the previous year. In general, the export price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 145%. As a result, the export price attained the peak level of $5,808 per ton, and then reduced in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($7,435 per ton), while the average price for exports to Paraguay ($2,715 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 Venezuela (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in Brazil

Dithionites and sulphoxylates imports into Brazil surged to 10K tons in 2022, rising by 25% against the previous year's figure. Overall, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, dithionites and sulphoxylates imports soared to $25M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.11.24.614.690.9%
India0.81.23.55.489.0%
Germany9.64.13.24.0-25.3%
Italy0.81.11.10.7-4.4%
Hong Kong SAR0.50.30.10.4-7.2%
Others0.30.10.30.1-30.7%
Total14.18.112.825.221.4%

Top Suppliers of Dithionites and Sulphoxylates to Brazil in 2022:

  1. China (6.2K tons)
  2. India (2.1K tons)
  3. Germany (1.4K tons)
  4. Italy (0.2K tons)
  5. Hong Kong SAR (0.2K tons)

Dithionites and Sulphoxylates Exports in Brazil

After three years of growth, overseas shipments of dithionites and sulphoxylateses decreased by -43.9% to 45 tons in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 524%.

In value terms, dithionites and sulphoxylates exports dropped notably to $233K in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 913%. As a result, the exports attained the peak of $470K, and then contracted notably in the following year.

Export of Dithionites and Sulphoxylates in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia0.223.683.797.9688.1%
Honduras7.20.328.857.499.8%
ChileN/AN/AN/A38.60%
Paraguay1.17.217.326.2187.7%
Peru1.51.32.05.251.3%
VenezuelaN/A1.12.04.4100.0%
ArgentinaN/A10.914.5N/A33.0%
United KingdomN/AN/A317N/A0%
Others4.22.05.23.5-5.9%
Total14.246.4470233154.1%

Top Export Markets for Dithionites and Sulphoxylates from Brazil in 2022:

  1. Colombia (13.2 tons)
  2. Chile (10.5 tons)
  3. Paraguay (9.7 tons)
  4. Honduras (9.3 tons)
  5. Peru (1.4 tons)
  6. Venezuela (0.8 tons)

Source: IndexBox Market Intelligence Platform

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