Price for Sodium Sulphates; Other than Disodium Sulphate in Mexico - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Mexico (CIF) - 2023
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Mexico
Price for Sodium Sulphates; Other than Disodium Sulphate in Mexico (CIF) - 2023
In October 2023, the average import price for sodium sulphates; other than disodium sulphates amounted to $458 per ton, with a decrease of -5.9% against the previous month. In general, the import price continues to indicate a noticeable contraction. The growth pace was the most rapid in July 2023 when the average import price increased by 6.7% m-o-m. Over the period under review, average import prices reached the peak figure at $585 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From February 2023 to October 2023, the rate of growth in terms of prices for the United States amounted to -3.0% per month.
Imports of Sodium Sulphates; Other than Disodium Sulphate in Mexico
In 2022, overseas purchases of sodium sulphates; other than disodium sulphates decreased by -15.8% to 3.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. As a result, imports reached the peak of 3.7K tons, and then fell markedly in the following year.
In value terms, imports of sodium sulphates; other than disodium sulphates contracted to $1.4M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports reached the peak of $1.5M, and then shrank in the following year.
| Import of Sodium Sulphates; Other than Disodium Sulphate in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 1.0 | 1.4 | 1.4 | 15.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 1.0 | 1.5 | 1.4 | 11.9% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Mexico in 2022:
- United States (3.1K tons)
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