Price for Dithionites and Sulphoxylates; of Sodium in Brazil - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Brazil (CIF) - 2023
- Price for Dithionites and Sulphoxylates; of Sodium in Brazil (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Brazil
- Exports of Dithionites and Sulphoxylates; of Sodium in Brazil
Price for Dithionites and Sulphoxylates; of Sodium in Brazil (CIF) - 2023
In October 2023, the average import price for dithionites and sulphoxylates; of sodia amounted to $1,266 per ton, dropping by -3.9% against the previous month. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in March 2023 an increase of 34% against the previous month. The import price peaked at $2,451 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, 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.
Price for Dithionites and Sulphoxylates; of Sodium in Brazil (FOB) - 2022
The average export price for dithionites and sulphoxylates; of sodia stood at $5,131 per ton in 2022, waning by -11.7% against the previous year. Over the period under review, the export price, however, showed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 145% against the previous year. As a result, the export price reached the peak level of $5,808 per ton, and then contracted in the following year.
Prices varied noticeably by country of destination: 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 (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dithionites and Sulphoxylates; of Sodium in Brazil
In 2022, imports of dithionites and sulphoxylates; of sodia into Brazil skyrocketed to 10K tons, jumping by 25% on 2021. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.5% 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 +69.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, dithionites and sulphoxylates; of sodium imports skyrocketed to $25M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dithionites and Sulphoxylates; of Sodium in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 1.2 | 4.6 | 14.4 | 90.0% |
| India | 0.8 | 1.1 | 3.4 | 5.4 | 89.0% |
| Germany | 9.6 | 4.1 | 3.2 | 4.0 | -25.3% |
| Italy | 0.8 | 1.1 | 1.1 | 0.7 | -4.4% |
| Hong Kong SAR | 0.5 | 0.3 | 0.1 | 0.4 | -7.2% |
| Others | 0.3 | 0.1 | 0.3 | 0.1 | -30.7% |
| Total | 14.1 | 8.0 | 12.7 | 25.0 | 21.0% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Brazil in 2022:
- China (6.2K tons)
- India (2.1K tons)
- Germany (1.4K tons)
- Italy (0.2K tons)
- Hong Kong SAR (0.2K tons)
Exports of Dithionites and Sulphoxylates; of Sodium in Brazil
In 2022, after three years of growth, there was significant decline in shipments abroad of dithionites and sulphoxylates; of sodia, when their volume decreased by -43.9% to 45 tons. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 525% against the previous year.
In value terms, dithionites and sulphoxylates; of sodium exports declined significantly to $233K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 913%. As a result, the exports attained the peak of $470K, and then declined rapidly in the following year.
| Export of Dithionites and Sulphoxylates; of Sodium in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 0.2 | 23.6 | 83.7 | 97.9 | 688.1% |
| Honduras | 7.2 | 0.3 | 28.8 | 57.4 | 99.8% |
| Chile | N/A | N/A | N/A | 38.6 | 0% |
| Paraguay | 1.1 | 7.2 | 17.3 | 26.2 | 187.7% |
| Peru | 1.5 | 1.3 | 2.0 | 5.2 | 51.3% |
| Venezuela | N/A | 1.1 | 2.0 | 4.4 | 100.0% |
| Argentina | N/A | 10.9 | 14.5 | N/A | 33.0% |
| United Kingdom | N/A | N/A | 317 | N/A | 0% |
| Others | 4.2 | 2.0 | 5.2 | 3.5 | -5.9% |
| Total | 14.2 | 46.4 | 470 | 233 | 154.1% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Brazil in 2022:
- Colombia (13.2 tons)
- Chile (10.5 tons)
- Paraguay (9.7 tons)
- Honduras (9.3 tons)
- Peru (1.4 tons)
- Venezuela (0.8 tons)
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