Sulphites; Thiosulphates Price in the United States - 2023
Contents:
- Sulphites; Thiosulphates Price in the United States (FOB) - 2023
- Sulphites; Thiosulphates Price in the United States (CIF) - 2023
- Sulphites; Thiosulphates Exports in the United States
- Sulphites; Thiosulphates Imports in the United States
Sulphites; Thiosulphates Price in the United States (FOB) - 2023
The average sulphites; thiosulphates export price stood at $814 per ton in September 2023, with an increase of 69% against the previous month. Over the period under review, export price indicated a measured increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, sulphites; thiosulphates export price increased by +138.9% against July 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Mexico ($431 per ton), while the average price for exports to Canada amounted to $367 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (0.0%), while the prices for the other major destinations experienced a decline.
Sulphites; Thiosulphates Price in the United States (CIF) - 2023
In September 2023, the average sulphites; thiosulphates import price amounted to $536 per ton, which is down by -12.3% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 25% against the previous month. As a result, import price attained the peak level of $771 per ton. From July 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($1,911 per ton), while the price for Canada ($219 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphites; Thiosulphates Exports in the United States
In 2022, approx. 140K tons of sulphites; thiosulphateses were exported from the United States; picking up by 2.7% on 2021 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 7.8% against the previous year.
In value terms, sulphites; thiosulphates exports surged to $71M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sulphites; Thiosulphates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 22.8 | 19.8 | 25.0 | 37.6 | 18.1% |
| Canada | 14.3 | 11.6 | 14.4 | 19.0 | 9.9% |
| Uruguay | 0.2 | 0.8 | 1.4 | 3.5 | 159.6% |
| Argentina | 2.9 | 1.6 | 0.6 | 1.9 | -13.1% |
| Others | 5.8 | 5.8 | 8.4 | 9.0 | 15.8% |
| Total | 45.9 | 39.6 | 49.8 | 71.0 | 15.7% |
Top Export Markets for Sulphites; Thiosulphates from the United States in 2022:
- Mexico (79.0K tons)
- Canada (39.9K tons)
- Uruguay (6.3K tons)
- Argentina (5.1K tons)
Sulphites; Thiosulphates Imports in the United States
In 2022, the amount of sulphites; thiosulphateses imported into the United States soared to 79K tons, picking up by 24% against the previous year. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; thiosulphates imports surged to $43M in 2022. Over the period under review, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.3 | 6.9 | 9.5 | 15.8 | 23.9% |
| China | 9.3 | 6.6 | 6.7 | 10.2 | 3.1% |
| India | 2.5 | 1.6 | 1.2 | 4.7 | 23.4% |
| Canada | 2.1 | 2.2 | 2.8 | 4.6 | 29.9% |
| Germany | 2.1 | 1.7 | 2.5 | 3.2 | 15.1% |
| Thailand | 1.2 | 0.9 | 1.6 | 2.7 | 31.0% |
| Turkey | 0.3 | 0.5 | 0.3 | 0.7 | 32.6% |
| Others | 1.0 | 0.8 | 0.8 | 1.0 | 0.0% |
| Total | 26.6 | 21.2 | 25.3 | 42.9 | 17.3% |
Top Suppliers of Sulphites; Thiosulphates to the United States in 2022:
- Canada (23.1K tons)
- Italy (19.1K tons)
- China (17.1K tons)
- India (10.6K tons)
- Thailand (4.0K tons)
- Germany (3.7K tons)
- Turkey (1.5K tons)
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Thiosulphates exports recorded their most rapid growth in March 2023, with a remarkable month-on-month increase of 196%. In terms of value, exports of Thiosulphates skyrocketed to $5.4M in September 2023.
234
Thiosulphates exports recorded their most rapid growth in March 2023, with a remarkable month-on-month increase of 196%. In terms of value, exports of Thiosulphates skyrocketed to $5.4M in September 2023.
