Dithionites and Sulphoxylates Price in Canada - 2023
Contents:
- Dithionites and Sulphoxylates Price in Canada (CIF) - 2023
- Dithionites and Sulphoxylates Price in Canada (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Canada
- Dithionites and Sulphoxylates Exports in Canada
Dithionites and Sulphoxylates Price in Canada (CIF) - 2023
In September 2023, the average dithionites and sulphoxylates import price amounted to $2,445 per ton, which is down by -41.5% against the previous month. In general, the import price saw a mild curtailment. The pace of growth was the most pronounced in August 2023 an increase of 64% m-o-m. Over the period under review, average import prices hit record highs at $4,186 per ton in March 2023; however, from April 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 the United States ($5,448 per ton), while the price for Germany ($2,247 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 the United States (+2.5%), while the prices for the other major suppliers experienced a decline.
Dithionites and Sulphoxylates Price in Canada (FOB) - 2022
The average dithionites and sulphoxylates export price stood at $610 per ton in 2022, increasing by 5.5% against the previous year. Overall, the export price saw strong growth. The most prominent rate of growth was recorded in 2017 an increase of 203%. The export price peaked at $1,433 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($927 per ton), while the average price for exports to the United States amounted to $603 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.1%).
Dithionites and Sulphoxylates Imports in Canada
In 2022, dithionites and sulphoxylates imports into Canada dropped to 705 tons, shrinking by -9.7% on 2021. Over the period under review, imports faced a abrupt contraction.
In value terms, dithionites and sulphoxylates imports surged to $1.7M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dithionites and Sulphoxylates in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 259 | 326 | 468 | 884 | 50.6% |
| United States | 386 | 319 | 512 | 337 | -4.4% |
| Belgium | 248 | 531 | 31.7 | 294 | 5.8% |
| India | 194 | 77.5 | 108 | 118 | -15.3% |
| China | 318 | 110 | 29.1 | 22.3 | -58.8% |
| Others | 31.7 | 31.3 | 3.5 | 1.5 | -63.8% |
| Total | 1,437 | 1,395 | 1,153 | 1,657 | 4.9% |
Top Suppliers of Dithionites and Sulphoxylates to Canada in 2022:
- Germany (300.9 tons)
- Belgium (178.6 tons)
- United States (155.5 tons)
- India (49.2 tons)
- China (19.6 tons)
Dithionites and Sulphoxylates Exports in Canada
In 2022, approx. 2.5K tons of dithionites and sulphoxylateses were exported from Canada; rising by 36% compared with 2021 figures. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 7,488% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, dithionites and sulphoxylates exports soared to $1.5M in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,236%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Dithionites and Sulphoxylates in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.6 | 524 | 675 | 1,489 | 316.6% |
| Belgium | N/A | N/A | 403 | 52.2 | -87.0% |
| Others | 1.9 | 0.6 | N/A | 1.2 | -14.2% |
| Total | 22.5 | 525 | 1,078 | 1,543 | 309.3% |
Top Export Markets for Dithionites and Sulphoxylates from Canada in 2022:
- United States (2469.4 tons)
- Belgium (56.3 tons)
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