Price for Sulphites; Other than of Sodium in Brazil - 2024

Contents:

1. Price for Sulphites; Other than of Sodium in Brazil (CIF) - 2022
2. Price for Sulphites; Other than of Sodium in Brazil (FOB) - 2022
3. Imports of Sulphites; Other than of Sodium in Brazil
4. Exports of Sulphites; Other than of Sodium in Brazil

Price for Sulphites; Other than of Sodium in Brazil (CIF) - 2022

The average import price for sulphites; other than of sodia stood at $2,094 per ton in 2022, picking up by 37% against the previous year. Overall, the import price recorded resilient growth. The growth pace was the most rapid in 2016 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 China ($76,647 per ton), while the price for the United States ($1,945 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphites; Other than of Sodium in Brazil (FOB) - 2022

The average export price for sulphites; other than of sodia stood at $829 per ton in 2022, surging by 45% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 130% against the previous year. The export price peaked at $989 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($4,395 per ton), while the average price for exports to Argentina ($545 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 Guatemala (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphites; Other than of Sodium in Brazil

Sulphites; other than of sodium imports into Brazil dropped to 224 tons in 2022, with a decrease of -9.4% on 2021. Overall, imports continue to indicate a mild setback. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 247 tons, and then reduced in the following year.

In value terms, sulphites; other than of sodium imports skyrocketed to $469K in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; Other than of Sodium to Brazil in 2022:

1. Germany (122.5 tons)
2. Italy (54.4 tons)
3. United States (46.8 tons)

Exports of Sulphites; Other than of Sodium in Brazil

For the third consecutive year, Brazil recorded decline in overseas shipments of sulphites; other than of sodia, which decreased by -16.5% to 260 tons in 2022. Overall, exports recorded a precipitous decline. The smallest decline of -13% was in 2021.

In value terms, sulphites; other than of sodium exports skyrocketed to $216K in 2022. In general, exports faced a sharp contraction.

Top Export Markets for Sulphites; Other than of Sodium from Brazil in 2022:

1. Argentina (196.1 tons)
2. Peru (50.4 tons)
3. Paraguay (8.0 tons)
4. Guatemala (5.6 tons)

Source: IndexBox Market Intelligence Platform