Dithionites and Sulphoxylates Price in Argentina - 2023

Dithionites and Sulphoxylates Price in Argentina (CIF) - 2022

In 2022, the average dithionites and sulphoxylates import price amounted to $2,160 per ton, rising by 39% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dithionites and sulphoxylates import price increased by +99.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 India ($3,885 per ton), while the price for South Korea ($1,876 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in Argentina (FOB) - 2022

In 2022, the average dithionites and sulphoxylates export price amounted to $8,309 per ton, waning by -5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 16% against the previous year. The export price peaked at $8,823 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($93,000 per ton), while the average price for exports to Brazil ($5,000 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 Chile (+22.6%), while the prices for the other major destinations experienced mixed trend patterns.

Dithionites and Sulphoxylates Imports in Argentina

For the fourth year in a row, Argentina recorded growth in supplies from abroad of dithionites and sulphoxylateses, which increased by 35% to 2K tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates imports soared to $4.3M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	590	782	1,211	3,881	87.4%
Germany	135	152	405	240	21.1%
South Korea	138	118	79.2	187	10.7%
Belgium	81.5	60.9	38.9	N/A	-30.9%
Chile	67.4	78.0	90.5	N/A	15.9%
Others	286	218	478	25.4	-55.4%
Total	1,297	1,409	2,303	4,334	49.5%

Top Suppliers of Dithionites and Sulphoxylates to Argentina in 2022:

China (1826.3 tons)
South Korea (99.6 tons)
Germany (74.2 tons)

Dithionites and Sulphoxylates Exports in Argentina

In 2022, the amount of dithionites and sulphoxylateses exported from Argentina shrank sharply to 81 kg, with a decrease of -15.6% on the previous year. In general, exports showed a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year.

In value terms, dithionites and sulphoxylates exports fell dramatically to $673 in 2022. Over the period under review, exports saw a sharp reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 70%.