Sulphites; of Sodium Price in Peru - 2021

Sulphites; of Sodium Price in Peru (CIF) - 2021

In April 2020, the average sulphites; of sodium import price amounted to $396 per ton, with an increase of 14% against the previous month. Over the last three-month period, it increased at an average monthly rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In April 2020, the country with the highest price was Germany ($461 per ton), while the price for China ($315 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average sulphites; of sodium export price amounted to $1,653 per ton, picking up by 14% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 export price increased by +29.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 69% against the previous year. As a result, the export price reached the peak level of $2,484 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +9.1% per year.

Sulphites; of Sodium Imports in Peru

In 2022, approx. 32K tons of sulphites; of sodia were imported into Peru; increasing by 224% on the previous year. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium imports soared to $13M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphites; of Sodium in Peru (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.5	2.6	1.9	6.8	65.5%
Germany	1.4	1.5	1.4	4.7	49.7%
Italy	0.2	0.4	0.2	1.3	86.6%
Turkey	0.2	0.2	0.1	0.3	14.5%
Others	0.4	0.6	0.2	0.3	-9.1%
Total	3.7	5.2	3.8	13.4	53.6%

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

China (18.2K tons)
Germany (11.4K tons)
Italy (1.3K tons)
Turkey (0.3K tons)

Sulphites; of Sodium Exports in Peru

For the fourth consecutive year, Peru recorded growth in shipments abroad of sulphites; of sodia, which increased by 119% to 23 tons in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium exports surged to $38K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.