Sulphites; of Sodium Price in Chile - 2023

Sulphites; of Sodium Price in Chile (CIF) - 2022

In 2022, the average sulphites; of sodium import price amounted to $824 per ton, rising by 60% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium import price increased by +91.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,242 per ton), while the price for China ($707 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sulphites; of sodium export price stood at $838 per ton in 2022, surging by 51% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $2,039 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($2,256 per ton), while the average price for exports to Ecuador ($510 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 Peru (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; of Sodium Imports in Chile

In 2022, imports of sulphites; of sodia into Chile dropped sharply to 11K tons, waning by -22.2% on the year before. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, imports attained the peak of 14K tons, and then fell sharply in the following year.

In value terms, sulphites; of sodium imports surged to $9.2M in 2022. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Sulphites; of Sodium in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.3	2.2	4.2	5.5	18.6%
Italy	1.0	1.0	1.4	1.7	19.3%
Germany	0.3	0.5	0.8	1.1	54.2%
United States	0.8	0.7	0.8	0.7	-4.4%
Others	0.3	0.2	0.2	0.2	-12.6%
Total	5.7	4.6	7.4	9.2	17.3%

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

China (7.7K tons)
Italy (1.5K tons)
Germany (0.9K tons)
United States (0.8K tons)

Sulphites; of Sodium Exports in Chile

Sulphites; of sodium exports from Chile surged to 1.1K tons in 2022, rising by 831% against the previous year's figure. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium exports surged to $907K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.