Dithionites and Sulphoxylates Price in New Zealand - 2023

Contents:

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

Dithionites and Sulphoxylates Price in New Zealand (CIF) - 2022

The average dithionites and sulphoxylates import price stood at $1,573 per ton in 2022, with a decrease of -13.9% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +35.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 57%. As a result, import price reached the peak level of $1,828 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,684 per ton), while the price for China totaled $1,071 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%).

Dithionites and Sulphoxylates Price in New Zealand (FOB) - 2022

The average dithionites and sulphoxylates export price stood at $52,667 per ton in 2022, surging by 556% against the previous year. Overall, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +33.2% per year.

Dithionites and Sulphoxylates Imports in New Zealand

Dithionites and sulphoxylates imports into New Zealand shrank notably to 32 tons in 2022, with a decrease of -39.2% on the previous year's figure. Overall, imports saw a sharp shrinkage. The smallest decline of -33.4% was in 2020.

In value terms, dithionites and sulphoxylates imports fell remarkably to $50K in 2022. In general, imports showed a dramatic setback. The smallest decline of -43.3% was in 2020.

Import of Dithionites and Sulphoxylates in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China77840127.432.0-65.5%
Germany9.510.86.716.620.4%
India26.54.39.8N/A-39.2%
Taiwan (Chinese)76.481.741.7N/A-26.1%
Australia52.829.82.0N/A-80.5%
Others10.313.58.11.5-47.4%
Total95354195.750.1-62.5%

Top Suppliers of Dithionites and Sulphoxylates to New Zealand in 2022:

  1. Australia (undefined tons)
  2. China (29.9 tons)
  3. Germany (1.9 tons)

Dithionites and Sulphoxylates Exports in New Zealand

For the third consecutive year, New Zealand recorded decline in shipments abroad of dithionites and sulphoxylateses, which decreased by -94.8% to 3 kg in 2022. Overall, exports faced a dramatic decrease. The smallest decline of -44.8% was in 2021.

In value terms, dithionites and sulphoxylates exports reduced dramatically to $158 in 2022. In general, exports continue to indicate a significant decrease. The smallest decline of -41.8% was in 2020.

Export of Dithionites and Sulphoxylates in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji19280.033.0158-6.3%
Australia1,184721433N/A-39.5%
OthersN/AN/AN/AN/A0%
Total1,376801466158-51.4%

Top Export Markets for Dithionites and Sulphoxylates from New Zealand in 2022:

  1. Fiji (3.0 kg)

Source: IndexBox Market Intelligence Platform

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