Price for Sodium Sulphates; Disodium Sulphate in Argentina - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Argentina (CIF) - 2022
- Price for Sodium Sulphates; Disodium Sulphate in Argentina (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Argentina
- Exports of Sodium Sulphates; Disodium Sulphate in Argentina
Price for Sodium Sulphates; Disodium Sulphate in Argentina (CIF) - 2022
The average sodium sulphates; disodium sulphate import price stood at $130 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, saw a slight descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 148%. The import price peaked at $311 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($130 per ton), while the price for Spain totaled $130 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%).
Price for Sodium Sulphates; Disodium Sulphate in Argentina (FOB) - 2022
In 2022, the average sodium sulphates; disodium sulphate export price amounted to $87 per ton, picking up by 6.6% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium sulphates; disodium sulphate export price increased by +44.7% against 2016 indices. The growth pace was the most rapid in 2013 an increase of 27%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($239 per ton), while the average price for exports to Brazil amounted to $69 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.1%).
Imports of Sodium Sulphates; Disodium Sulphate in Argentina
In 2022, sodium sulphates; disodium sulphate imports into Argentina soared to 161K tons, growing by 79% compared with 2021 figures. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 241% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, sodium sulphates; disodium sulphate imports soared to $21M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sodium Sulphates; Disodium Sulphate in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.7 | 4.6 | 4.4 | 10.5 | 83.5% |
Spain | 6.7 | 7.3 | 7.3 | 10.4 | 15.8% |
Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 8.5 | 11.9 | 11.8 | 21.0 | 35.2% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Argentina in 2022:
- China (80.5K tons)
- Spain (80.0K tons)
Exports of Sodium Sulphates; Disodium Sulphate in Argentina
For the third year in a row, Argentina recorded decline in overseas shipments of sodium sulphates; disodium sulphates, which decreased by -7.9% to 9.4K tons in 2022. Over the period under review, exports saw a abrupt downturn. The smallest decline of -2% was in 2020.
In value terms, sodium sulphates; disodium sulphate exports contracted modestly to $813K in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 3.8% against the previous year. As a result, the exports reached the peak of $829K, and then shrank in the following year.
Export of Sodium Sulphates; Disodium Sulphate in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 602 | 616 | 627 | 602 | 0.0% |
Chile | 105 | 124 | 146 | 162 | 15.6% |
Others | 61.6 | 58.3 | 55.4 | 50.0 | -6.7% |
Total | 769 | 798 | 829 | 813 | 1.9% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Argentina in 2022:
- Brazil (8.7K tons)
- Chile (0.7K tons)
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