Price for Dithionites and Sulphoxylates; of Sodium in Guatemala - 2023

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Guatemala (CIF) - 2022
  2. Price for Dithionites and Sulphoxylates; of Sodium in Guatemala (FOB) - 2022
  3. Imports of Dithionites and Sulphoxylates; of Sodium in Guatemala
  4. Exports of Dithionites and Sulphoxylates; of Sodium in Guatemala

Price for Dithionites and Sulphoxylates; of Sodium in Guatemala (CIF) - 2022

The average import price for dithionites and sulphoxylates; of sodia stood at $1,785 per ton in 2022, jumping by 20% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dithionites and sulphoxylates; of sodium import price increased by +76.6% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 47% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +3.0% per year.

Price for Dithionites and Sulphoxylates; of Sodium in Guatemala (FOB) - 2022

In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $2,445 per ton, picking up by 14% against the previous year. Over the period under review, the export price showed a measured increase. The growth pace was the most rapid in 2017 when the average export price increased by 209% against the previous year. As a result, the export price attained the peak level of $7,853 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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 Dominican Republic ($9,212 per ton), while the average price for exports to Honduras ($527 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 El Salvador (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dithionites and Sulphoxylates; of Sodium in Guatemala

After three years of growth, overseas purchases of dithionites and sulphoxylates; of sodia decreased by -21.3% to 1.4K tons in 2022. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 32%. As a result, imports attained the peak of 1.8K tons, and then declined markedly in the following year.

In value terms, dithionites and sulphoxylates; of sodium imports dropped to $2.5M in 2022. In general, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. As a result, imports attained the peak of $2.6M, and then shrank in the following year.

Import of Dithionites and Sulphoxylates; of Sodium in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0848161,9112,41630.6%
United States129N/AN/A11.1-55.9%
South Korea40.6312362N/A198.6%
Others21423936872.3-30.4%
Total1,4681,3662,6412,49919.4%

Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Guatemala in 2022:

  1. China (1368.4 tons)
  2. United States (6.4 tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Guatemala

After three years of growth, overseas shipments of dithionites and sulphoxylates; of sodia decreased by -83.6% to 4.9 tons in 2022. In general, exports faced a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 200%. As a result, the exports attained the peak of 30 tons, and then contracted remarkably in the following year.

In value terms, dithionites and sulphoxylates; of sodium exports shrank markedly to $12K in 2022. Overall, exports recorded a dramatic descent. The pace of growth was the most pronounced in 2020 with an increase of 70%.

Export of Dithionites and Sulphoxylates; of Sodium in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador4.98.857.210.428.5%
Dominican Republic0.9N/AN/A1.621.1%
Honduras7.1N/A0.10.1-75.9%
SpainN/AN/A3.4N/A0%
Nicaragua0.61.20.6N/A0.0%
ColombiaN/A3.33.5N/A6.1%
Cuba10.226.9N/AN/A163.7%
OthersN/AN/AN/AN/A0%
Total23.640.264.812.1-20.0%

Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Guatemala in 2022:

  1. El Salvador (4.7 tons)
  2. Dominican Republic (0.2 tons)
  3. Honduras (0.1 tons)

Source: IndexBox Market Intelligence Platform

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