Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Canada - 2023

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Canada (CIF) - 2023
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Canada (FOB) - 2023
  3. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Canada
  4. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Canada

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Canada (CIF) - 2023

In September 2023, the average sulphates; alums; peroxosulphates (persulphates) import price amounted to $1,312 per ton, jumping by 32% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 35% m-o-m. The import price peaked at $1,558 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Finland ($8,606 per ton), while the price for China ($635 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Canada (FOB) - 2023

The average sulphates; alums; peroxosulphates (persulphates) export price stood at $343 per ton in September 2023, falling by -18.7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 466% month-to-month. As a result, the export price attained the peak level of $1,898 per ton. From July 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($347 per ton), while the average price for exports to Mexico amounted to $224 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.8%).

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Canada

In 2022, approx. 152K tons of sulphates; alums; peroxosulphates (persulphates)s were imported into Canada; increasing by 27% compared with 2021. The total import volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports soared to $221M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +66.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.643.954.369.113.2%
Finland15.623.922.244.842.1%
Belgium14.81.713.530.927.8%
China12.711.615.623.222.2%
Russia13.015.421.012.8-0.5%
Mexico5.92.84.39.015.1%
Chile5.14.08.48.116.7%
Germany3.83.05.55.09.6%
Taiwan (Chinese)10.716.219.73.4-31.8%
Turkey2.41.41.53.210.1%
Others11.19.213.411.82.1%
Total14313318022115.6%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Canada in 2022:

  1. United States (83.4K tons)
  2. China (28.2K tons)
  3. Turkey (10.2K tons)
  4. Belgium (4.6K tons)
  5. Russia (4.5K tons)
  6. Germany (4.4K tons)
  7. Mexico (3.7K tons)
  8. Finland (3.6K tons)
  9. Chile (3.1K tons)
  10. Taiwan (Chinese) (0.8K tons)

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Canada

In 2022, shipments abroad of sulphates; alums; peroxosulphates (persulphates)s decreased by -8.4% to 103K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 7.3% against the previous year. As a result, the exports reached the peak of 121K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports shrank to $45M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of $49M, and then declined in the following year.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States37.338.546.341.13.3%
MexicoN/AN/A0.10.7600.0%
Others2.81.73.13.46.7%
Total40.040.249.445.14.1%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Canada in 2022:

  1. United States (99.1K tons)
  2. Mexico (1.6K tons)

Source: IndexBox Market Intelligence Platform

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