Sulphites; Thiosulphates Price in Brazil - 2023

Sulphites; Thiosulphates Price in Brazil (CIF) - 2023

In October 2023, the average sulphites; thiosulphates import price amounted to $512 per ton, with a decrease of -6.6% against the previous month. Overall, the import price saw a noticeable descent. The pace of growth was the most pronounced in April 2023 when the average import price increased by 9.9% against the previous month. The import price peaked at $933 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($615 per ton), while the price for China ($390 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (-3.9%), while the prices for the other major suppliers experienced a decline.

Sulphites; Thiosulphates Price in Brazil (FOB) - 2022

The average sulphites; thiosulphates export price stood at $1,194 per ton in 2022, growing by 40% against the previous year. Over the period under review, the export price saw resilient growth. The pace of growth was the most pronounced in 2013 an increase of 116%. As a result, the export price reached the peak level of $1,401 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($3,682 per ton), while the average price for exports to Argentina ($714 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 Uruguay (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; Thiosulphates Imports in Brazil

After three years of growth, supplies from abroad of sulphites; thiosulphateses decreased by -6.5% to 35K tons in 2022. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 13%.

In value terms, sulphites; thiosulphates imports skyrocketed to $32M in 2022. In general, imports, however, recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphites; Thiosulphates in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	8.3	7.1	10.7	12.3	14.0%
China	4.3	4.2	3.7	9.9	32.0%
Italy	2.1	2.2	3.3	6.0	41.9%
Turkey	0.6	0.2	2.1	2.1	51.8%
United States	0.3	0.7	0.8	1.1	54.2%
Others	0.3	0.4	0.2	0.3	0.0%
Total	15.9	14.7	20.9	31.7	25.9%

Top Suppliers of Sulphites; Thiosulphates to Brazil in 2022:

China (12.7K tons)
Germany (12.3K tons)
Italy (6.2K tons)
Turkey (2.3K tons)
United States (1.0K tons)

Sulphites; Thiosulphates Exports in Brazil

In 2022, the amount of sulphites; thiosulphateses exported from Brazil surged to 792 tons, picking up by 37% on 2021. Overall, exports, however, continue to indicate a abrupt curtailment.

In value terms, sulphites; thiosulphates exports skyrocketed to $946K in 2022. In general, exports continue to indicate a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphites; Thiosulphates in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Paraguay	83.0	95.8	158	404	69.5%
Argentina	512	132	132	200	-26.9%
Peru	0.5	0.7	16.6	62.2	399.2%
Marshall Islands	N/A	5.0	6.1	44.6	198.7%
Chile	3.5	10.9	0.8	44.1	132.7%
Colombia	24.9	0.1	1.2	9.2	-28.2%
Others	24.3	151	178	182	95.7%
Total	648	395	493	946	13.4%