Sulphites; Thiosulphates Price in Mexico - 2023
Contents:
- Sulphites; Thiosulphates Price in Mexico (CIF) - 2022
- Sulphites; Thiosulphates Price in Mexico (FOB) - 2022
- Sulphites; Thiosulphates Imports in Mexico
- Sulphites; Thiosulphates Exports in Mexico
Sulphites; Thiosulphates Price in Mexico (CIF) - 2022
In 2022, the average sulphites; thiosulphates import price amounted to $619 per ton, increasing by 9% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2015 an increase of 14%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($873 per ton), while the price for China ($468 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; Thiosulphates Price in Mexico (FOB) - 2022
In 2022, the average sulphites; thiosulphates export price amounted to $4,177 per ton, rising by 81% against the previous year. Over the period under review, the export price saw a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,469 per ton), while the average price for exports to Guatemala amounted to $1,042 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphites; Thiosulphates Imports in Mexico
In 2022, the amount of sulphites; thiosulphateses imported into Mexico surged to 94K tons, picking up by 40% compared with 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.9% 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 +67.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; thiosulphates imports surged to $58M in 2022. In general, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.1 | 20.8 | 26.0 | 37.6 | 19.4% |
| China | 4.2 | 2.3 | 3.8 | 8.0 | 24.0% |
| Germany | 4.5 | 3.3 | 4.5 | 7.9 | 20.6% |
| Italy | 2.7 | 2.6 | 3.3 | 4.9 | 22.0% |
| Others | 1.1 | 0.5 | 0.8 | 0.1 | -55.0% |
| Total | 34.6 | 29.5 | 38.4 | 58.4 | 19.1% |
Top Suppliers of Sulphites; Thiosulphates to Mexico in 2022:
- United States (60.6K tons)
- China (17.1K tons)
- Germany (9.1K tons)
- Italy (7.5K tons)
Sulphites; Thiosulphates Exports in Mexico
In 2022, after three years of growth, there was significant decline in overseas shipments of sulphites; thiosulphateses, when their volume decreased by -93.9% to 5.3 tons. Overall, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. As a result, the exports attained the peak of 88 tons, and then declined sharply in the following year.
In value terms, sulphites; thiosulphates exports contracted sharply to $22K in 2022. In general, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 107% against the previous year. As a result, the exports reached the peak of $204K, and then declined remarkably in the following year.
| Export of Sulphites; Thiosulphates in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 48.2 | 52.3 | 68.1 | 21.8 | -23.2% |
| Guatemala | 6.8 | 3.3 | 20.7 | 0.5 | -58.1% |
| Venezuela | 12.6 | 14.0 | 17.0 | N/A | 16.2% |
| El Salvador | 1.1 | 1.7 | 34.7 | N/A | 461.7% |
| Cuba | 2.9 | 4.0 | 5.0 | N/A | 31.3% |
| Honduras | 3.7 | 8.2 | 38.9 | N/A | 224.2% |
| Canada | 2.6 | 3.1 | 1.8 | N/A | -16.8% |
| Others | 9.8 | 12.2 | 17.6 | N/A | 34.0% |
| Total | 87.7 | 98.8 | 204 | 22.3 | -36.6% |
Top Export Markets for Sulphites; Thiosulphates from Mexico in 2022:
- United States (4.9 tons)
- Guatemala (0.5 tons)
285
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This report provides an in-depth analysis of the sulphites market in Mexico.
288
This report provides an in-depth analysis of the thiosulphates market in Mexico.
502
This report provides an in-depth analysis of the global sulphites market.
497
This report provides an in-depth analysis of the global thiosulphates market.
235
The growth rate for Sulphites was the highest in June 2023, experiencing a 101% month-on-month increase. In terms of value, sulphites imports surged to $1.7M in November 2023.
309
In October 2022, the sulphites price stood at $1,105 per ton (CIF, Mexico), rising by 24% against the previous month.
227
Imports of Thiosulphates decreased significantly to $1.3M in June 2023 in terms of value.
235
The growth rate for Sulphites was the highest in June 2023, experiencing a 101% month-on-month increase. In terms of value, sulphites imports surged to $1.7M in November 2023.
309
In October 2022, the sulphites price stood at $1,105 per ton (CIF, Mexico), rising by 24% against the previous month.
227
Imports of Thiosulphates decreased significantly to $1.3M in June 2023 in terms of value.
