Dithionites and Sulphoxylates Price in Belarus - 2022

Contents:

  1. Dithionites and Sulphoxylates Price in Belarus (CIF) - 2022
  2. Dithionites and Sulphoxylates Price in Belarus (FOB) - 2022
  3. Dithionites and Sulphoxylates Imports in Belarus
  4. Dithionites and Sulphoxylates Exports in Belarus

Dithionites and Sulphoxylates Price in Belarus (CIF) - 2022

In 2022, the average dithionites and sulphoxylates import price amounted to $1,524 per ton, declining by -14.9% against the previous year. Over the period under review, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 39% against the previous year. The import price peaked at $2,035 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Poland ($3,735 per ton), while the price for China ($834 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.6%), while the prices for the other major suppliers experienced a decline.

Dithionites and Sulphoxylates Price in Belarus (FOB) - 2022

The average dithionites and sulphoxylates export price stood at $1,602 per ton in 2022, waning by -2.1% against the previous year. In general, the export price showed a deep contraction. The growth pace was the most rapid in 2020 an increase of 20%. The export price peaked at $4,375 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -9.6% per year.

Dithionites and Sulphoxylates Imports in Belarus

In 2022, approx. 99 tons of dithionites and sulphoxylateses were imported into Belarus; surging by 8.6% compared with 2021 figures. The total import volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 40%. As a result, imports attained the peak of 108 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, dithionites and sulphoxylates imports fell to $152K in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%.

Import of Dithionites and Sulphoxylates in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.333.520.241.865.0%
China51.247.775.234.9-12.0%
India11.56.922.831.439.8%
Germany7.73.68.814.122.3%
Poland9.07.310.811.37.9%
Others24.540.326.318.2-9.4%
Total11313916415210.4%

Top Suppliers of Dithionites and Sulphoxylates to Belarus in 2022:

  1. China (41.9 tons)
  2. Italy (28.3 tons)
  3. India (15.7 tons)
  4. Germany (6.4 tons)
  5. Poland (3.0 tons)

Dithionites and Sulphoxylates Exports in Belarus

In 2022, after three years of growth, there was significant decline in shipments abroad of dithionites and sulphoxylateses, when their volume decreased by -7.7% to 8.2 tons. The total export volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, the exports reached the peak of 8.9 tons, and then shrank in the following year.

In value terms, dithionites and sulphoxylates exports dropped to $13K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 31%.

Export of Dithionites and Sulphoxylates in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.311.514.513.1252.1%
Egypt8.6N/AN/AN/A0%
OthersN/A0.2N/AN/A0%
Total8.911.714.513.113.8%

Top Export Markets for Dithionites and Sulphoxylates from Belarus in 2022:

  1. Russia (8.2 tons)

Source: IndexBox Market Intelligence Platform

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