Chlorates; of Sodium Price in the United States - 2023
Contents:
- Chlorates; of Sodium Price in the United States (CIF) - 2023
- Chlorates; of Sodium Price in the United States (FOB) - 2023
- Chlorates; of Sodium Imports in the United States
- Chlorates; of Sodium Exports in the United States
Chlorates; of Sodium Price in the United States (CIF) - 2023
In September 2023, the average chlorates; of sodium import price amounted to $595 per ton, growing by 3.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in January 2023 an increase of 13% month-to-month. The import price peaked at $616 per ton in July 2023; however, from August 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From September 2022 to September 2023, the rate of growth in terms of prices for Canada amounted to +1.7% per month.
Chlorates; of Sodium Price in the United States (FOB) - 2023
The average chlorates; of sodium export price stood at $814 per ton in September 2023, growing by 1.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in October 2022 an increase of 18% month-to-month. The export price peaked at $843 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($911 per ton), while the average price for exports to Mexico ($334 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorates; of Sodium Imports in the United States
In 2022, chlorates; of sodium imports into the United States declined modestly to 326K tons, with a decrease of -3.6% against 2021 figures. Overall, imports showed a deep downturn.
In value terms, chlorates; of sodium imports shrank slightly to $161M in 2022. Over the period under review, imports recorded a abrupt descent.
| Import of Chlorates; of Sodium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 240 | 179 | 169 | 161 | -12.5% |
| Others | 0.6 | 0.2 | 0.1 | 0.4 | -12.6% |
| Total | 241 | 179 | 169 | 161 | -12.6% |
Top Suppliers of Chlorates; of Sodium to the United States in 2022:
- Canada (326.3K tons)
Chlorates; of Sodium Exports in the United States
In 2022, approx. 56K tons of chlorates; of sodia were exported from the United States; rising by 20% compared with 2021 figures. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorates; of sodium exports skyrocketed to $38M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chlorates; of Sodium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 13.0 | 9.4 | 14.0 | 14.5 | 3.7% |
| India | 2.2 | 0.7 | 1.5 | 6.6 | 44.2% |
| Brazil | N/A | N/A | 1.1 | 4.9 | 345.5% |
| South Korea | 3.2 | 3.5 | 3.8 | 4.2 | 9.5% |
| Thailand | 0.7 | 0.3 | 1.0 | 1.7 | 34.4% |
| China | N/A | 0.7 | 0.7 | 1.4 | 41.4% |
| Canada | 2.5 | 1.5 | 1.5 | 1.2 | -21.7% |
| Singapore | 2.4 | 2.0 | 0.2 | 0.8 | -30.7% |
| Vietnam | 1.0 | 1.2 | 0.4 | 0.4 | -26.3% |
| Others | 0.5 | 1.7 | 1.6 | 2.1 | 61.3% |
| Total | 25.5 | 21.1 | 25.7 | 37.7 | 13.9% |
Top Export Markets for Chlorates; of Sodium from the United States in 2022:
- Japan (22.5K tons)
- India (9.6K tons)
- South Korea (6.9K tons)
- Brazil (4.6K tons)
- Canada (3.6K tons)
- Thailand (3.0K tons)
- China (1.3K tons)
- Singapore (1.2K tons)
- Vietnam (0.6K tons)
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