Dithionites and Sulphoxylates Price in Indonesia - 2022

Contents:

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

Dithionites and Sulphoxylates Price in Indonesia (CIF) - 2022

In 2022, the average dithionites and sulphoxylates import price amounted to $1,998 per ton, rising by 53% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 +109.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($3,600 per ton), while the price for Hong Kong SAR ($1,062 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in Indonesia (FOB) - 2022

In 2022, the average dithionites and sulphoxylates export price amounted to $3,921 per ton, growing by 38% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 83%. As a result, the export price reached the peak level of $6,292 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($15,565 per ton), while the average price for exports to Thailand ($1,639 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 Mauritius (+45.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in Indonesia

In 2022, the amount of dithionites and sulphoxylateses imported into Indonesia surged to 9.9K tons, growing by 23% against the year before. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates imports skyrocketed to $20M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.34.27.113.837.6%
India1.20.91.02.527.7%
South Korea0.40.40.40.826.0%
Germany0.90.50.70.7-8.0%
Hong Kong SARN/A0.20.20.322.5%
Others1.41.01.11.64.6%
Total9.27.210.419.728.9%

Top Suppliers of Dithionites and Sulphoxylates to Indonesia in 2022:

  1. China (7.5K tons)
  2. India (1.2K tons)
  3. South Korea (0.3K tons)
  4. Germany (0.2K tons)
  5. Hong Kong SAR (0.2K tons)

Dithionites and Sulphoxylates Exports in Indonesia

In 2022, approx. 3.1 tons of dithionites and sulphoxylateses were exported from Indonesia; reducing by -3.3% against the year before. Overall, exports continue to indicate a sharp decrease.

In value terms, dithionites and sulphoxylates exports surged to $12K in 2022. In general, exports showed a significant contraction.

Export of Dithionites and Sulphoxylates in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam18.10.90.28.8-21.4%
Singapore7.50.3N/A1.7-39.0%
Malaysia2.80.1N/A1.0-29.1%
Thailand1.90.1N/A0.8-25.0%
Somalia3.5N/AN/AN/A0%
ZambiaN/A13.98.7N/A-37.4%
Pakistan9.3N/AN/AN/A0%
OthersN/A0.10.3N/A200.0%
Total43.215.49.212.3-34.2%

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

  1. Vietnam (2366.0 kg)
  2. Thailand (510.0 kg)
  3. Malaysia (160.0 kg)
  4. Singapore (108.0 kg)

Source: IndexBox Market Intelligence Platform

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