Dithionites and Sulphoxylates Price in Australia - 2023
Contents:
- Dithionites and Sulphoxylates Price in Australia (CIF) - 2022
- Dithionites and Sulphoxylates Price in Australia (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Australia
- Dithionites and Sulphoxylates Exports in Australia
Dithionites and Sulphoxylates Price in Australia (CIF) - 2022
In 2022, the average dithionites and sulphoxylates import price amounted to $2,098 per ton, rising by 34% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 +25.0% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 44%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
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 Germany ($4,569 per ton), while the price for China ($1,718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Dithionites and Sulphoxylates Price in Australia (FOB) - 2022
In 2022, the average dithionites and sulphoxylates export price amounted to $1,014 per ton, jumping by 19% against the previous year. Overall, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 78% against the previous year. The export price peaked at $3,469 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for the Philippines amounted to +67.0% per year.
Dithionites and Sulphoxylates Imports in Australia
In 2022, after two years of decline, there was significant growth in purchases abroad of dithionites and sulphoxylateses, when their volume increased by 35% to 238 tons. Overall, imports, however, continue to indicate a precipitous contraction.
In value terms, dithionites and sulphoxylates imports surged to $499K in 2022. In general, imports, however, saw a sharp decline.
| Import of Dithionites and Sulphoxylates in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,593 | 20.9 | 44.9 | 350 | -39.7% |
| Germany | 76.5 | 102 | 20.7 | 111 | 13.2% |
| Taiwan (Chinese) | 48.2 | 51.1 | 23.9 | 31.1 | -13.6% |
| Italy | 163 | 108 | 186 | N/A | 6.8% |
| Others | 23.0 | 19.6 | N/A | 6.4 | -34.7% |
| Total | 1,904 | 302 | 275 | 499 | -36.0% |
Top Suppliers of Dithionites and Sulphoxylates to Australia in 2022:
- China (203.9 tons)
- Germany (24.3 tons)
- Taiwan (Chinese) (9.1 tons)
Dithionites and Sulphoxylates Exports in Australia
In 2022, overseas shipments of dithionites and sulphoxylateses decreased by -63.5% to 20 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 7.7% against the previous year. As a result, the exports attained the peak of 195 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, dithionites and sulphoxylates exports shrank remarkably to $20K in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of -44.5% was in 2020.
| Export of Dithionites and Sulphoxylates in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 58.0 | 181 | 4.1 | 20.2 | -29.6% |
| Lao People's Democratic Republic | N/A | N/A | 21.3 | N/A | 0% |
| Ghana | 267 | N/A | N/A | N/A | 0% |
| Others | 0.9 | N/A | 21.3 | N/A | 386.5% |
| Total | 325 | 181 | 46.8 | 20.2 | -60.4% |
Top Export Markets for Dithionites and Sulphoxylates from Australia in 2022:
- New Zealand (19.9 tons)
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