Sulphites; Thiosulphates Price in Paraguay - 2023

Sulphites; Thiosulphates Price in Paraguay (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $943 per ton, growing by 8.8% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 decreased by -30.8% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 38% against the previous year. Over the period under review, average import prices attained the maximum at $1,364 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,531 per ton), while the price for Turkey ($411 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Paraguay (FOB) - 2022

The average sulphites; thiosulphates export price stood at $920 per ton in 2022, shrinking by -2.6% against the previous year. In general, the export price, however, saw a buoyant expansion. The growth pace was the most rapid in 2020 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $1,222 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +7.6% per year.

Sulphites; Thiosulphates Imports in Paraguay

For the fourth consecutive year, Paraguay recorded growth in overseas purchases of sulphites; thiosulphateses, which increased by 93% to 1.6K tons in 2022. Overall, imports posted significant growth. 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 $1.5M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphites; Thiosulphates in Paraguay (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	94.7	71.5	158	652	90.2%
Brazil	79.8	105	198	393	70.1%
Germany	45.6	105	133	195	62.3%
Turkey	11.0	1.9	10.0	117	119.9%
Argentina	1.2	0.7	64.4	61.1	270.6%
Netherlands	27.0	22.0	9.8	N/A	-39.8%
Others	130	297	129	60.2	-22.6%
Total	389	603	703	1,478	56.0%

Top Suppliers of Sulphites; Thiosulphates to Paraguay in 2022:

China (529.7 tons)
Germany (369.7 tons)
Brazil (295.8 tons)
Turkey (284.4 tons)
Argentina (76.4 tons)

Sulphites; Thiosulphates Exports in Paraguay

Sulphites; thiosulphates exports from Paraguay surged to 16 tons in 2022, rising by 84% against 2021. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 507%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, sulphites; thiosulphates exports skyrocketed to $15K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 369% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.