Dithionites and Sulphoxylates Price in Greece - 2023

Contents:

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

Dithionites and Sulphoxylates Price in Greece (CIF) - 2022

In 2022, the average dithionites and sulphoxylates import price amounted to $3,389 per ton, with a decrease of -44% against the previous year. In general, the import price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 102%. Over the period under review, average import prices hit record highs at $6,049 per ton in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($6,274 per ton), while the price for Italy ($1,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in Greece (FOB) - 2022

In 2022, the average dithionites and sulphoxylates export price amounted to $3,435 per ton, jumping by 78% against the previous year. Overall, the export price saw resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Marshall Islands ($5,036 per ton), while the average price for exports to North Macedonia ($3,247 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+52.5%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in Greece

In 2022, overseas purchases of dithionites and sulphoxylateses decreased by -25.7% to 109 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 8%. As a result, imports reached the peak of 169 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dithionites and sulphoxylates imports fell rapidly to $370K in 2022. In general, imports, however, saw a strong expansion. The growth pace was the most rapid in 2020 when imports increased by 118%.

Import of Dithionites and Sulphoxylates in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany37.084.014324387.3%
South KoreaN/AN/A66.982.923.9%
Slovenia17.97.44.011.9-12.7%
Italy19320264.63.4-74.0%
Others21.129361128.710.8%
Total26958788937011.2%

Top Suppliers of Dithionites and Sulphoxylates to Greece in 2022:

  1. Germany (69.8 tons)
  2. South Korea (32.0 tons)
  3. Italy (3.2 tons)
  4. Slovenia (1.9 tons)

Dithionites and Sulphoxylates Exports in Greece

Dithionites and sulphoxylates exports from Greece skyrocketed to 7.2 tons in 2022, rising by 47% on the year before. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 119%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, dithionites and sulphoxylates exports surged to $25K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Dithionites and Sulphoxylates in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia5.02.78.313.338.6%
RomaniaN/AN/AN/A9.60%
Marshall IslandsN/AN/AN/A1.30%
AlbaniaN/A0.51.1N/A120.0%
OthersN/A1.8N/A0.4-52.9%
Total5.05.09.424.670.1%

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

  1. North Macedonia (4.1 tons)
  2. Romania (2.8 tons)
  3. Marshall Islands (0.3 tons)

Source: IndexBox Market Intelligence Platform

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