Sulphites; of Sodium Price in Brazil - 2023
Contents:
- Sulphites; of Sodium Price in Brazil (CIF) - 2023
- Sulphites; of Sodium Price in Brazil (FOB) - 2022
- Sulphites; of Sodium Imports in Brazil
- Sulphites; of Sodium Exports in Brazil
Sulphites; of Sodium Price in Brazil (CIF) - 2023
In August 2023, the average sulphites; of sodium import price amounted to $500 per ton, waning by -8.1% against the previous month. Overall, the import price showed a deep slump. The growth pace was the most rapid in April 2023 an increase of 12% month-to-month. The import price peaked at $927 per ton in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Italy ($624 per ton) and Germany ($556 per ton), while the price for Hong Kong SAR ($420 per ton) and China ($462 per ton) were amongst the lowest.
From October 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-4.0%), while the prices for the other major suppliers experienced a decline.
Sulphites; of Sodium Price in Brazil (FOB) - 2022
The average sulphites; of sodium export price stood at $1,548 per ton in 2022, picking up by 11% against the previous year. Overall, the export price, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2015 an increase of 116%. As a result, the export price reached the peak level of $2,760 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($7,147 per ton), while the average price for exports to Colombia ($731 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 (+18.2%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphites; of Sodium Imports in Brazil
In 2022, the amount of sulphites; of sodia imported into Brazil surged to 34K tons, growing by 20% against the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.4% 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 +66.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 64%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, sulphites; of sodium imports surged to $31M in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; of Sodium in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.9 | 6.8 | 10.4 | 12.0 | 15.0% |
| China | 4.2 | 4.1 | 3.6 | 9.7 | 32.2% |
| Italy | 2.0 | 2.1 | 3.1 | 5.8 | 42.6% |
| Turkey | 0.6 | 0.2 | 2.1 | 2.1 | 51.8% |
| United States | N/A | 0.3 | 0.5 | 0.8 | 63.3% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 14.7 | 13.6 | 19.8 | 30.7 | 27.8% |
Top Suppliers of Sulphites; of Sodium to Brazil in 2022:
- China (12.4K tons)
- Germany (12.2K tons)
- Italy (6.0K tons)
- Turkey (2.2K tons)
- United States (0.8K tons)
Sulphites; of Sodium Exports in Brazil
In 2022, approx. 255 tons of sulphites; of sodia were exported from Brazil; increasing by 160% compared with the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; of sodium exports surged to $395K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sulphites; of Sodium in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 47.2 | 50.6 | 61.6 | 224 | 68.0% |
| Argentina | 1.9 | 1.0 | 33.2 | 76.6 | 242.9% |
| Colombia | N/A | 0.1 | 1.2 | 9.2 | 859.2% |
| France | N/A | N/A | 0.1 | 7.2 | 7100.0% |
| Ecuador | N/A | 6.4 | 18.5 | 4.2 | -19.0% |
| Chile | 3.5 | 10.5 | 0.8 | 2.0 | -17.0% |
| Mexico | 1.3 | 2.8 | N/A | 1.3 | 0.0% |
| Others | 10.3 | 23.7 | 22.1 | 70.1 | 89.5% |
| Total | 64.3 | 95.1 | 137 | 395 | 83.1% |
Top Export Markets for Sulphites; of Sodium from Brazil in 2022:
- Paraguay (148.9 tons)
- Argentina (59.3 tons)
- Colombia (12.6 tons)
- France (4.6 tons)
- Mexico (3.0 tons)
- Ecuador (3.0 tons)
- Chile (1.9 tons)
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