Sulphites; Thiosulphates Price in Chile - 2023

Sulphites; Thiosulphates Price in Chile (CIF) - 2022

The average sulphites; thiosulphates import price stood at $877 per ton in 2022, rising by 60% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +89.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,457 per ton), while the price for China ($712 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Chile (FOB) - 2022

In 2022, the average sulphites; thiosulphates export price amounted to $857 per ton, picking up by 7.9% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 169% against the previous year. As a result, the export price attained the peak level of $1,631 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($2,264 per ton), while the average price for exports to Ecuador ($527 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 (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; Thiosulphates Imports in Chile

Sulphites; thiosulphates imports into Chile shrank remarkably to 14K tons in 2022, declining by -18.7% against 2021 figures. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. As a result, imports reached the peak of 17K tons, and then dropped significantly in the following year.

In value terms, sulphites; thiosulphates imports soared to $12M in 2022. Over the period under review, imports, however, showed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 68%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Sulphites; Thiosulphates in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.4	2.3	4.6	5.6	18.1%
Italy	1.4	1.4	1.6	1.9	10.7%
Germany	0.6	0.6	1.0	1.5	35.7%
Belgium	0.4	0.3	0.7	1.2	44.2%
United States	0.8	0.7	0.8	1.1	11.2%
Argentina	N/A	N/A	0.2	0.2	0.0%
Others	0.4	0.3	0.4	0.5	7.7%
Total	7.0	5.5	9.3	12.1	20.0%

Top Suppliers of Sulphites; Thiosulphates to Chile in 2022:

China (7.9K tons)
Italy (1.6K tons)
Belgium (1.3K tons)
United States (1.2K tons)
Germany (1.0K tons)
Argentina (0.3K tons)

Sulphites; Thiosulphates Exports in Chile

In 2022, overseas shipments of sulphites; thiosulphateses were finally on the rise to reach 1.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; thiosulphates exports skyrocketed to $1.1M in 2022. Overall, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphites; Thiosulphates in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	72.1	174	45.4	857	128.2%
Uruguay	N/A	N/A	21.3	146	585.4%
Ecuador	N/A	N/A	16.8	11.5	-31.5%
Colombia	768	N/A	N/A	N/A	0%
Brazil	N/A	59.4	29.7	N/A	-50.0%
Others	26.0	15.3	17.8	41.2	16.6%
Total	866	249	131	1,056	6.8%