Price for Sulphites; Other than of Sodium in Canada - 2024
Contents:
- Price for Sulphites; Other than of Sodium in Canada (CIF) - 2024
- Price for Sulphites; Other than of Sodium in Canada (FOB) - 2022
- Imports of Sulphites; Other than of Sodium in Canada
- Exports of Sulphites; Other than of Sodium in Canada
Price for Sulphites; Other than of Sodium in Canada (CIF) - 2024
In January 2024, the average import price for sulphites; other than of sodia amounted to $918 per ton, reducing by -16% against the previous month. Over the period under review, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 85% month-to-month. Over the period under review, average import prices reached the maximum at $1,536 per ton in August 2023; however, from September 2023 to January 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was China ($903 per ton), while the price for the United States stood at $848 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (-3.6%).
Price for Sulphites; Other than of Sodium in Canada (FOB) - 2022
In 2022, the average export price for sulphites; other than of sodia amounted to $1,692 per ton, declining by -4.9% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 72%. Over the period under review, the average export prices hit record highs at $2,317 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,472 per ton), while the average price for exports to Cuba ($269 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 Germany (+158.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Sulphites; Other than of Sodium in Canada
In 2022, after three years of growth, there was significant decline in supplies from abroad of sulphites; other than of sodia, when their volume decreased by -72.3% to 2.5K tons. Overall, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of 8.9K tons, and then contracted significantly in the following year.
In value terms, sulphites; other than of sodium imports contracted markedly to $2.3M in 2022. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of $5.1M, and then shrank sharply in the following year.
| Import of Sulphites; Other than of Sodium in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 1.9 | 0.9 | 1.1 | 6.9% |
| China | 1.8 | 1.6 | 4.0 | 1.0 | -17.8% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 2.9 | 3.6 | 5.1 | 2.3 | -7.4% |
Top Suppliers of Sulphites; Other than of Sodium to Canada in 2022:
- China (1211.5 tons)
- United States (1183.0 tons)
Exports of Sulphites; Other than of Sodium in Canada
Sulphites; other than of sodium exports from Canada soared to 37 tons in 2022, jumping by 37% compared with the previous year's figure. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 248%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, sulphites; other than of sodium exports soared to $62K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 467%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Sulphites; Other than of Sodium in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.3 | 26.4 | 46.6 | 58.6 | 138.9% |
| Cuba | N/A | N/A | N/A | 3.0 | 0% |
| Hong Kong SAR | 0.4 | N/A | N/A | 0.5 | 7.7% |
| Germany | N/A | 0.2 | 0.3 | N/A | 50.0% |
| Sweden | 0.2 | 0.7 | 0.5 | N/A | 58.1% |
| Others | N/A | 0.4 | 0.3 | N/A | -25.0% |
| Total | 4.9 | 27.8 | 47.7 | 62.1 | 133.1% |
Top Export Markets for Sulphites; Other than of Sodium from Canada in 2022:
- United States (23.7 tons)
- Cuba (11.1 tons)
- Hong Kong SAR (1.9 tons)
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From November 2022 to September 2023, the imports of Sulphites experienced a slight decline. In terms of value, the imports of Sulphites notably dropped to $909K in September 2023.
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Thiosulphates experienced an outstanding growth rate in March 2023, with imports soaring by 328% compared to the previous month. In terms of value, thiosulphates imports reached a remarkable $1.1M in September 2023.
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From November 2022 to September 2023, the imports of Sulphites experienced a slight decline. In terms of value, the imports of Sulphites notably dropped to $909K in September 2023.
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Thiosulphates experienced an outstanding growth rate in March 2023, with imports soaring by 328% compared to the previous month. In terms of value, thiosulphates imports reached a remarkable $1.1M in September 2023.
