Sulphides; of Sodium Price in Argentina - 2023

Sulphides; of Sodium Price in Argentina (CIF) - 2022

The average sulphides; of sodium import price stood at $1,052 per ton in 2022, jumping by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,319 per ton), while the price for Mexico ($295 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphides; of Sodium Price in Argentina (FOB) - 2022

The average sulphides; of sodium export price stood at $840 per ton in 2022, increasing by 3.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 14%. Over the period under review, the average export prices reached the peak figure at $1,017 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($859 per ton), while the average price for exports to Brazil totaled $712 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+0.5%).

Sulphides; of Sodium Imports in Argentina

In 2022, approx. 4.1K tons of sulphides; of sodia were imported into Argentina; therefore, remained relatively stable against the previous year's figure. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphides; of sodium imports soared to $4.4M in 2022. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Sulphides; of Sodium in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,745	1,352	2,364	3,836	30.0%
Mexico	10.5	8.6	6.6	231	180.2%
Germany	106	112	116	156	13.7%
Belgium	664	661	909	138	-40.8%
Others	80.9	35.8	124	1.9	-71.4%
Total	2,606	2,169	3,519	4,362	18.7%

Top Suppliers of Sulphides; of Sodium to Argentina in 2022:

China (3113.5 tons)
Mexico (782.9 tons)
Belgium (129.8 tons)
Germany (118.0 tons)

Sulphides; of Sodium Exports in Argentina

In 2022, after three years of growth, there was decline in overseas shipments of sulphides; of sodia, when their volume decreased by -3.4% to 17K tons. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9% against the previous year.

In value terms, sulphides; of sodium exports reduced slightly to $14M in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 2.7% against the previous year.