Dithionites and Sulphoxylates Price in Portugal - 2023

Contents:

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

Dithionites and Sulphoxylates Price in Portugal (CIF) - 2023

The average dithionites and sulphoxylates import price stood at $2,276 per ton in August 2023, picking up by 6.9% against the previous month. Overall, the import price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in June 2023 an increase of 8.8% against the previous month. Over the period under review, average import prices reached the maximum at $2,972 per ton in September 2022; however, from October 2022 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,630 per ton), while the price for Spain ($1,697 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in Portugal (FOB) - 2022

The average dithionites and sulphoxylates export price stood at $3,932 per ton in 2022, increasing by 44% against the previous year. Over the period under review, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 97% against the previous year. The export price peaked at $4,181 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($18,142 per ton), while the average price for exports to Spain amounted to $1,968 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-1.5%).

Dithionites and Sulphoxylates Imports in Portugal

In 2022, dithionites and sulphoxylates imports into Portugal skyrocketed to 1.6K tons, jumping by 44% on the year before. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates imports surged to $4.8M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1948081,0782,11321.0%
Spain4194224601,85064.1%
Italy6.122.525.8329277.8%
Belgium338306312318-2.0%
South KoreaN/A18.521.575.4101.9%
Others78.37.480.410811.3%
Total2,0351,5841,9784,79433.1%

Top Suppliers of Dithionites and Sulphoxylates to Portugal in 2022:

  1. Germany (761.5 tons)
  2. Spain (464.7 tons)
  3. Italy (170.7 tons)
  4. Belgium (130.5 tons)
  5. South Korea (32.0 tons)

Dithionites and Sulphoxylates Exports in Portugal

In 2022, shipments abroad of dithionites and sulphoxylateses decreased by -2.3% to 2.6 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 824% against the previous year. As a result, the exports attained the peak of 5.8 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, dithionites and sulphoxylates exports soared to $10K in 2022. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,723% against the previous year. As a result, the exports reached the peak of $17K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Dithionites and Sulphoxylates in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A4.60%
Spain0.93.14.44.469.7%
HondurasN/A11.5N/AN/A0%
OthersN/A2.42.81.1-32.3%
Total0.916.97.210.1123.9%

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

  1. Spain (2240.0 kg)
  2. United Kingdom (253.0 kg)

Source: IndexBox Market Intelligence Platform

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