Price for Sodium Sulphates; Disodium Sulphate in Mexico - 2023

Contents:

  1. Price for Sodium Sulphates; Disodium Sulphate in Mexico (CIF) - 2023
  2. Price for Sodium Sulphates; Disodium Sulphate in Mexico (FOB) - 2022
  3. Imports of Sodium Sulphates; Disodium Sulphate in Mexico
  4. Exports of Sodium Sulphates; Disodium Sulphate in Mexico

Price for Sodium Sulphates; Disodium Sulphate in Mexico (CIF) - 2023

The average sodium sulphates; disodium sulphate import price stood at $206 per ton in August 2023, which is down by -5.8% against the previous month. In general, import price indicated moderate growth from August 2022 to August 2023: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, sodium sulphates; disodium sulphate import price decreased by -9.6% against May 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 33% against the previous month. The import price peaked at $228 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($223 per ton), while the price for China stood at $159 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.9%).

Price for Sodium Sulphates; Disodium Sulphate in Mexico (FOB) - 2022

In 2022, the average sodium sulphates; disodium sulphate export price amounted to $136 per ton, reducing by -4.6% against the previous year. In general, the export price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $263 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($384 per ton), while the average price for exports to Brazil ($117 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 Venezuela (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Sulphates; Disodium Sulphate in Mexico

In 2022, supplies from abroad of sodium sulphates; disodium sulphates decreased by -12.2% to 138K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.8% 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 appeared the most rapid in 2020 when imports increased by 47%. As a result, imports attained the peak of 176K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sodium sulphates; disodium sulphate imports stood at $17M in 2022. In general, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41%. As a result, imports reached the peak of $24M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Sodium Sulphates; Disodium Sulphate in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.223.115.917.42.4%
Others0.70.70.9N/A13.4%
Total16.823.816.817.41.2%

Top Suppliers of Sodium Sulphates; Disodium Sulphate to Mexico in 2022:

  1. United States (137.7K tons)

Exports of Sodium Sulphates; Disodium Sulphate in Mexico

In 2022, overseas shipments of sodium sulphates; disodium sulphates were finally on the rise to reach 3.6K tons after two years of decline. In general, exports, however, recorded a abrupt setback.

In value terms, sodium sulphates; disodium sulphate exports surged to $492K in 2022. Overall, exports, however, faced a abrupt downturn.

Export of Sodium Sulphates; Disodium Sulphate in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia621428239335-18.6%
Brazil0.878.744.571.7347.5%
Panama84.637.015.524.2-34.1%
Venezuela51.024.112.317.9-29.5%
El Salvador30.97.614.15.8-42.7%
Others97.763.020.437.7-27.2%
Total886638346492-17.8%

Top Export Markets for Sodium Sulphates; Disodium Sulphate from Mexico in 2022:

  1. Colombia (2718.0 tons)
  2. Brazil (613.0 tons)
  3. Panama (154.5 tons)
  4. Venezuela (46.6 tons)
  5. El Salvador (19.8 tons)

Source: IndexBox Market Intelligence Platform

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