Sulphites; of Sodium Price in Argentina - 2023

Contents:

1. Sulphites; of Sodium Price in Argentina (CIF) - 2022
2. Sulphites; of Sodium Price in Argentina (FOB) - 2022
3. Sulphites; of Sodium Imports in Argentina
4. Sulphites; of Sodium Exports in Argentina

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

In 2022, the average sulphites; of sodium import price amounted to $884 per ton, growing by 75% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium import price increased by +97.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($1,158 per ton) and Germany ($1,106 per ton), while the price for China ($818 per ton) and Turkey ($929 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average sulphites; of sodium export price amounted to $1,880 per ton, surging by 58% against the previous year. In general, the export price continues to indicate a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($3,158 per ton), while the average price for exports to Uruguay ($1,854 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 Bolivia (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; of Sodium Imports in Argentina

In 2022, the amount of sulphites; of sodia imported into Argentina surged to 14K tons, picking up by 41% on the year before. Overall, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% 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 increased by +46.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium imports soared to $13M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (9.3K tons)
2. Turkey (2.7K tons)
3. Italy (1.1K tons)
4. Germany (0.9K tons)
5. Thailand (0.3K tons)

Sulphites; of Sodium Exports in Argentina

After three years of growth, overseas shipments of sulphites; of sodia decreased by -38.5% to 74 tons in 2022. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 337% against the previous year. As a result, the exports attained the peak of 120 tons, and then reduced dramatically in the following year.

In value terms, sulphites; of sodium exports contracted modestly to $138K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 412%. As a result, the exports reached the peak of $143K, and then fell in the following year.

Top Export Markets for Sulphites; of Sodium from Argentina in 2022:

1. Paraguay (66.3 tons)
2. Uruguay (6.7 tons)
3. Bolivia (0.6 tons)

Source: IndexBox Market Intelligence Platform