Dithionites and Sulphoxylates Price in Belgium - 2023

Contents:

  1. Dithionites and Sulphoxylates Price in Belgium (FOB) - 2023
  2. Dithionites and Sulphoxylates Price in Belgium (CIF) - 2022
  3. Dithionites and Sulphoxylates Exports in Belgium
  4. Dithionites and Sulphoxylates Imports in Belgium

Dithionites and Sulphoxylates Price in Belgium (FOB) - 2023

The average dithionites and sulphoxylates export price stood at $1,932 per ton in August 2023, picking up by 2.2% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 24% against the previous month. The export price peaked at $2,615 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2,551 per ton), while the average price for exports to Germany ($1,269 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in Belgium (CIF) - 2022

The average dithionites and sulphoxylates import price stood at $3,499 per ton in 2022, rising by 28% against the previous year. Over the period under review, the import price saw buoyant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 76% against the previous year. The import price peaked in 2022 and is likely to see steady 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 ($3,815 per ton), while the price for France ($2,384 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Exports in Belgium

In 2022, the amount of dithionites and sulphoxylateses exported from Belgium declined to 22K tons, shrinking by -12.1% on the year before. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1.9% against the previous year.

In value terms, dithionites and sulphoxylates exports soared to $38M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% 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 +49.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Dithionites and Sulphoxylates in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden8.99.411.315.620.6%
Germany6.15.14.76.83.7%
United Kingdom1.81.61.52.815.9%
Spain1.31.31.22.727.6%
France1.71.41.62.412.2%
Pakistan0.20.81.61.386.6%
Turkey1.51.51.60.7-22.4%
Italy0.40.70.70.57.7%
Others4.23.63.85.06.0%
Total26.025.428.037.913.4%

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

  1. Sweden (7.9K tons)
  2. Germany (6.9K tons)
  3. United Kingdom (1.5K tons)
  4. France (1.3K tons)
  5. Spain (1.0K tons)
  6. Pakistan (0.5K tons)
  7. Turkey (0.3K tons)
  8. Italy (0.2K tons)

Dithionites and Sulphoxylates Imports in Belgium

In 2022, approx. 277 tons of dithionites and sulphoxylateses were imported into Belgium; dropping by -19.5% on 2021. Overall, imports showed a deep slump. The smallest decline of -0.4% was in 2020.

In value terms, dithionites and sulphoxylates imports rose to $970K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +76.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Dithionites and Sulphoxylates in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany583419706573-0.6%
India14450.820028625.7%
France15.613.61.534.530.3%
Taiwan (Chinese)N/A42.8N/AN/A0%
Others15.123.831.677.372.3%
Total7585509399708.6%

Top Suppliers of Dithionites and Sulphoxylates to Belgium in 2022:

  1. Germany (181.7 tons)
  2. India (74.9 tons)
  3. France (14.5 tons)

Source: IndexBox Market Intelligence Platform

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