Price for Sodium Sulphates; Other than Disodium Sulphate in Colombia - 2022

Contents:

  1. Price for Sodium Sulphates; Other than Disodium Sulphate in Colombia (CIF) - 2022
  2. Price for Sodium Sulphates; Other than Disodium Sulphate in Colombia (FOB) - 2022
  3. Imports of Sodium Sulphates; Other than Disodium Sulphate in Colombia
  4. Exports of Sodium Sulphates; Other than Disodium Sulphate in Colombia

Price for Sodium Sulphates; Other than Disodium Sulphate in Colombia (CIF) - 2022

In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $647 per ton, jumping by 55% against the previous year. In general, the import price, however, recorded a noticeable setback. Over the period under review, average import prices hit record highs at $1,188 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($704 per ton), while the price for Sweden ($170 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.5%), while the prices for the other major suppliers experienced a decline.

Price for Sodium Sulphates; Other than Disodium Sulphate in Colombia (FOB) - 2022

The average export price for sodium sulphates; other than disodium sulphates stood at $1,416 per ton in 2022, shrinking by -36.4% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of 110%. Over the period under review, the average export prices reached the peak figure at $2,225 per ton in 2021, and then reduced sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +9.5% per year.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Colombia

In 2022, the amount of sodium sulphates; other than disodium sulphates imported into Colombia surged to 4K tons, rising by 73% on 2021 figures. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 589%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of sodium sulphates; other than disodium sulphates soared to $2.6M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 537% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Sodium Sulphates; Other than Disodium Sulphate in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12271.14471,902149.8%
United States66.142.227649795.9%
Austria7.012.388.562.8107.8%
SwedenN/AN/AN/A26.80%
Russia27.419.9131N/A118.7%
Others38.26.225.110941.8%
Total2611529682,597115.1%

Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Colombia in 2022:

  1. China (2699.8 tons)
  2. United States (960.1 tons)
  3. Austria (189.0 tons)
  4. Sweden (157.5 tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Colombia

In 2022, the amount of sodium sulphates; other than disodium sulphates exported from Colombia surged to 14 tons, picking up by 150% on the year before. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 270% against the previous year. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of sodium sulphates; other than disodium sulphates skyrocketed to $20K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 248%. As a result, the exports attained the peak of $32K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Sodium Sulphates; Other than Disodium Sulphate in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela5.68.45.919.852.3%
Ecuador2.54.84.9N/A40.0%
Costa RicaN/A16.4N/AN/A0%
Others1.22.91.7N/A19.0%
Total9.332.412.519.828.6%

Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Colombia in 2022:

  1. Venezuela (14.0 tons)

Source: IndexBox Market Intelligence Platform

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