Sulphites; Thiosulphates Price in Argentina - 2023

Contents:

  1. Sulphites; Thiosulphates Price in Argentina (CIF) - 2022
  2. Sulphites; Thiosulphates Price in Argentina (FOB) - 2022
  3. Sulphites; Thiosulphates Imports in Argentina
  4. Sulphites; Thiosulphates Exports in Argentina

Sulphites; Thiosulphates Price in Argentina (CIF) - 2022

The average sulphites; thiosulphates import price stood at $635 per ton in 2022, picking up by 22% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +62.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the maximum at $660 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($1,158 per ton), while the price for the United States ($224 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Argentina (FOB) - 2022

In 2022, the average sulphites; thiosulphates export price amounted to $1,069 per ton, waning by -40.8% against the previous year. Overall, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 199%. The export price peaked at $1,805 per ton in 2021, and then contracted sharply 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 Bolivia ($3,158 per ton), while the average price for exports to Chile ($754 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 Bolivia (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; Thiosulphates Imports in Argentina

In 2022, supplies from abroad of sulphites; thiosulphateses was finally on the rise to reach 31K tons after two years of decline. Overall, imports, however, saw a pronounced downturn.

In value terms, sulphites; thiosulphates imports skyrocketed to $20M in 2022. Over the period under review, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphites; Thiosulphates in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.32.82.57.721.4%
France0.81.02.24.273.8%
Turkey0.40.30.92.584.2%
United States6.51.61.22.0-32.5%
Germany0.81.31.21.523.3%
Italy0.60.40.71.329.4%
Brazil0.60.20.20.2-30.7%
Others0.30.40.20.518.6%
Total14.48.19.119.811.2%

Top Suppliers of Sulphites; Thiosulphates to Argentina in 2022:

  1. China (9.4K tons)
  2. United States (8.9K tons)
  3. France (7.0K tons)
  4. Turkey (2.7K tons)
  5. Germany (1.4K tons)
  6. Italy (1.2K tons)
  7. Brazil (0.2K tons)

Sulphites; Thiosulphates Exports in Argentina

In 2022, exports of sulphites; thiosulphateses from Argentina declined notably to 251 tons, waning by -79.5% on the previous year's figure. Over the period under review, exports faced a dramatic setback. The smallest decline of -24.6% was in 2020.

In value terms, sulphites; thiosulphates exports declined notably to $269K in 2022. In general, exports saw a dramatic descent. The smallest decline of -7.9% was in 2021.

Export of Sulphites; Thiosulphates in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/AN/A1300%
Paraguay1161642,2121252.5%
UruguayN/AN/AN/A12.50%
Bolivia2,7632,238N/A1.8-91.3%
OthersN/AN/AN/AN/A0%
Total2,8782,4032,212269-54.6%

Top Export Markets for Sulphites; Thiosulphates from Argentina in 2022:

  1. Chile (172.1 tons)
  2. Paraguay (66.3 tons)
  3. Uruguay (12.4 tons)
  4. Bolivia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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