Sulphites; of Sodium Price in Colombia - 2022

Contents:

1. Sulphites; of Sodium Price in Colombia (CIF) - 2022
2. Sulphites; of Sodium Price in Colombia (FOB) - 2022
3. Sulphites; of Sodium Imports in Colombia
4. Sulphites; of Sodium Exports in Colombia

Sulphites; of Sodium Price in Colombia (CIF) - 2022

In February 2022, the average sulphites; of sodium import price amounted to $1,353 per ton, increasing by 61% against the previous month. Overall, the import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 72% m-o-m. The import price peaked in February 2022.

Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was China ($1,131 per ton), while the price for Turkey ($950 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Price in Colombia (FOB) - 2022

In 2022, the average sulphites; of sodium export price amounted to $1,638 per ton, growing by 244% against the previous year. Over the period under review, the export price recorded a buoyant increase. Over the period under review, the average export prices reached the maximum at $1,807 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guyana ($2,002 per ton), while the average price for exports to Ecuador ($332 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 Trinidad and Tobago (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; of Sodium Imports in Colombia

For the fourth consecutive year, Colombia recorded growth in supplies from abroad of sulphites; of sodia, which increased by 35% to 10K tons in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 169% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphites; of sodium imports skyrocketed to $7.9M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 230%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Sulphites; of Sodium to Colombia in 2022:

1. China (6.8K tons)
2. Italy (1.8K tons)
3. Germany (1.2K tons)
4. Turkey (0.5K tons)

Sulphites; of Sodium Exports in Colombia

In 2022, approx. 554 tons of sulphites; of sodia were exported from Colombia; rising by 210% against 2021 figures. 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.

In value terms, sulphites; of sodium exports skyrocketed to $907K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sulphites; of Sodium from Colombia in 2022:

1. Guyana (400.1 tons)
2. Ecuador (97.6 tons)
3. Peru (16.9 tons)
4. Panama (16.8 tons)
5. Dominican Republic (12.0 tons)
6. Venezuela (10.0 tons)

Source: IndexBox Market Intelligence Platform