Sulphites; of Sodium Price in Mexico - 2023

Contents:

  1. Sulphites; of Sodium Price in Mexico (CIF) - 2023
  2. Sulphites; of Sodium Imports in Mexico

Sulphites; of Sodium Price in Mexico (CIF) - 2023

In June 2023, the average sulphites; of sodium import price amounted to $754 per ton, increasing by 32% against the previous month. Over the period under review, the import price, however, showed a noticeable decline. The growth pace was the most rapid in February 2023 when the average import price increased by 170% month-to-month. As a result, import price attained the peak level of $1,476 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1,025 per ton), while the price for China ($485 per ton) was amongst the lowest.

From August 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.2%), while the prices for the other major suppliers experienced a decline.

Sulphites; of Sodium Imports in Mexico

In 2022, purchases abroad of sulphites; of sodia was finally on the rise to reach 19K tons after two years of decline. In general, imports, however, saw a drastic downturn.

In value terms, sulphites; of sodium imports surged to $17M in 2022. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sulphites; of Sodium in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.61.72.55.817.2%
Germany3.83.14.05.211.0%
United States1.51.11.93.937.5%
Italy2.52.21.01.6-13.8%
OthersN/A0.1N/AN/A0%
Total11.58.29.416.613.0%

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

  1. China (9.0K tons)
  2. Germany (5.3K tons)
  3. United States (3.7K tons)
  4. Italy (1.4K tons)

Source: IndexBox Market Intelligence Platform

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