Price for Sulphites; Other than of Sodium in Peru - 2022

Price for Sulphites; Other than of Sodium in Peru (CIF) - 2022

In 2022, the average import price for sulphites; other than of sodia amounted to $580 per ton, falling by -29.4% against the previous year. In general, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22% against the previous year. The import price peaked at $1,067 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($874 per ton), while the price for Brazil ($378 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sulphites; Other than of Sodium in Peru (FOB) - 2022

In 2022, the average export price for sulphites; other than of sodia amounted to $1,552 per ton, jumping by 17% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 21% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2016 to 2022, the rate of growth in terms of prices for Free Zones amounted to -5.3% per year.

Imports of Sulphites; Other than of Sodium in Peru

In 2022, the amount of sulphites; other than of sodia imported into Peru skyrocketed to 397 tons, with an increase of 403% against 2021 figures. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium imports surged to $230K in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphites; Other than of Sodium in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.7	36.0	29.4	144	212.9%
Brazil	1.2	3.2	3.4	69.7	287.3%
Italy	5.6	31.5	8.6	15.1	39.2%
Guatemala	5.4	7.5	2.4	N/A	-33.3%
India	4.6	7.0	2.6	N/A	-24.8%
South Africa	10.7	20.8	11.0	N/A	1.4%
Others	14.5	44.6	7.6	1.3	-55.2%
Total	46.6	151	64.9	230	70.3%

Top Suppliers of Sulphites; Other than of Sodium to Peru in 2022:

Germany (195.4 tons)
Brazil (184.3 tons)
Italy (17.2 tons)

Exports of Sulphites; Other than of Sodium in Peru

In 2022, shipments abroad of sulphites; other than of sodia decreased by -12.3% to 3.9 tons for the first time since 2019, thus ending a two-year rising trend. In general, total exports indicated significant growth from 2020 to 2022: its volume increased at an average annual rate of +27.1% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 84%. As a result, the exports attained the peak of 4.4 tons, and then shrank in the following year.

In value terms, sulphites; other than of sodium exports expanded to $6K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 123% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.