Price for Sodium Sulphates; Disodium Sulphate in Brazil - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Brazil (CIF) - 2023
- Price for Sodium Sulphates; Disodium Sulphate in Brazil (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Brazil
- Exports of Sodium Sulphates; Disodium Sulphate in Brazil
Price for Sodium Sulphates; Disodium Sulphate in Brazil (CIF) - 2023
In October 2023, the average sodium sulphates; disodium sulphate import price amounted to $116 per ton, shrinking by -6.6% against the previous month. Over the period under review, the import price recorded a perceptible descent. The growth pace was the most rapid in December 2022 an increase of 18% month-to-month. As a result, import price reached the peak level of $221 per ton. From January 2023 to October 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was China ($119 per ton), while the price for Spain totaled $113 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-2.8%).
Price for Sodium Sulphates; Disodium Sulphate in Brazil (FOB) - 2022
In 2022, the average sodium sulphates; disodium sulphate export price amounted to $921 per ton, falling by -13.5% against the previous year. In general, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 330%. As a result, the export price reached the peak level of $11,250 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Paraguay.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to -10.6% per year.
Imports of Sodium Sulphates; Disodium Sulphate in Brazil
After two years of decline, supplies from abroad of sodium sulphates; disodium sulphates increased by 0.3% to 767K tons in 2022. Overall, imports, however, showed a deep downturn.
In value terms, sodium sulphates; disodium sulphate imports surged to $132M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Disodium Sulphate in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 75.8 | 67.0 | 60.1 | 85.3 | 4.0% |
| China | 32.2 | 33.7 | 32.6 | 45.7 | 12.4% |
| Others | 4.2 | 3.5 | 1.8 | 1.3 | -32.4% |
| Total | 112 | 104 | 94.5 | 132 | 5.6% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Brazil in 2022:
- Spain (483.2K tons)
- China (277.8K tons)
Exports of Sodium Sulphates; Disodium Sulphate in Brazil
In 2022, approx. 29 tons of sodium sulphates; disodium sulphates were exported from Brazil; rising by 66% compared with the previous year's figure. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,730% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, sodium sulphates; disodium sulphate exports soared to $27K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,133%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Sodium Sulphates; Disodium Sulphate in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 0.3 | 2.0 | 17.6 | 26.7 | 346.5% |
| Spain | N/A | 0.9 | N/A | N/A | 0% |
| Argentina | N/A | 0.4 | N/A | N/A | 0% |
| France | N/A | 2.2 | N/A | N/A | 0% |
| Others | 0.2 | 0.5 | 1.0 | 0.1 | -20.6% |
| Total | 0.5 | 6.0 | 18.7 | 26.8 | 277.0% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Brazil in 2022:
- Paraguay (29.1 tons)
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