Dithionites and Sulphoxylates Price in Mexico - 2023

Contents:

  1. Dithionites and Sulphoxylates Price in Mexico (CIF) - 2023
  2. Dithionites and Sulphoxylates Imports in Mexico

Dithionites and Sulphoxylates Price in Mexico (CIF) - 2023

In August 2023, the average dithionites and sulphoxylates import price amounted to $871 per ton, stabilizing at the previous month. In general, the import price showed a deep reduction. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 24% month-to-month. As a result, import price attained the peak level of $2,606 per ton. From October 2022 to August 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to +1.9% per month.

Dithionites and Sulphoxylates Imports in Mexico

In 2022, approx. 8.4K tons of dithionites and sulphoxylateses were imported into Mexico; increasing by 71% against the previous year. Over the period under review, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates imports soared to $15M in 2022. Overall, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.02.56.011.331.2%
India0.90.81.42.030.5%
Germany1.51.20.51.1-9.8%
Italy2.81.0N/AN/A-64.3%
OthersN/AN/AN/A0.10%
Total10.15.58.014.613.1%

Top Suppliers of Dithionites and Sulphoxylates to Mexico in 2022:

  1. China (6.3K tons)
  2. India (1.5K tons)
  3. Germany (0.5K tons)

Source: IndexBox Market Intelligence Platform

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