Sulphides; of Sodium Price in Chile - 2023

Sulphides; of Sodium Price in Chile (CIF) - 2023

In May 2023, the average sulphides; of sodium import price amounted to $975 per ton, growing by 1.9% against the previous month. Overall, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in February 2023 an increase of 11% month-to-month. The import price peaked at $1,460 per ton in October 2022; however, from November 2022 to May 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was the United States ($1,331 per ton), while the price for China ($925 per ton) was amongst the lowest.

From July 2022 to May 2023, the most notable rate of growth in terms of prices was attained by China (-1.4%), while the prices for the other major suppliers experienced a decline.

Sulphides; of Sodium Price in Chile (FOB) - 2022

In 2022, the average sulphides; of sodium export price amounted to $496 per ton, growing by 13% against the previous year. Overall, the export price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 64% against the previous year. The export price peaked at $1,611 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +6.3% per year.

Sulphides; of Sodium Imports in Chile

In 2022, purchases abroad of sulphides; of sodia decreased by -31.6% to 30K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 44% against the previous year. As a result, imports attained the peak of 52K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphides; of sodium imports declined slightly to $36M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 35%. As a result, imports attained the peak of $42M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Sulphides; of Sodium in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	13.5	14.0	13.2	16.8	7.6%
China	11.4	25.7	24.8	14.1	7.3%
United States	5.7	1.9	N/A	5.2	-3.0%
Germany	0.4	N/A	0.1	0.2	-20.6%
Others	0.2	0.4	0.2	0.1	-20.6%
Total	31.2	42.0	38.3	36.4	5.3%

Top Suppliers of Sulphides; of Sodium to Chile in 2022:

China (13.8K tons)
Argentina (12.0K tons)
United States (3.5K tons)
Germany (0.5K tons)

Sulphides; of Sodium Exports in Chile

In 2022, exports of sulphides; of sodia from Chile shrank to 1.1K tons, waning by -12% compared with the previous year. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 3,096% against the previous year. As a result, the exports reached the peak of 1.2K tons, and then contracted in the following year.

In value terms, sulphides; of sodium exports fell modestly to $542K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 3,590%. As a result, the exports reached the peak of $542K, leveling off in the following year.