Dithionites and Sulphoxylates Price in Switzerland - 2023

Contents:

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

Dithionites and Sulphoxylates Price in Switzerland (CIF) - 2023

The average dithionites and sulphoxylates import price stood at $4,606 per ton in September 2023, jumping by 33% against the previous month. Over the period under review, import price indicated slight growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, dithionites and sulphoxylates import price increased by +107.3% against May 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,568 per ton), while the price for India ($2,100 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 Germany (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Dithionites and Sulphoxylates Price in Switzerland (FOB) - 2022

In 2022, the average dithionites and sulphoxylates export price amounted to $4,064 per ton, increasing by 17% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 export price increased by +23.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 29%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($7,471 per ton), while the average price for exports to Germany ($2,604 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 Algeria (+477.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in Switzerland

In 2022, approx. 743 tons of dithionites and sulphoxylateses were imported into Switzerland; with an increase of 20% on the previous year's figure. In general, imports recorded a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 103% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, dithionites and sulphoxylates imports soared to $2.1M in 2022. Over the period under review, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany49765264992823.1%
Belgium25229235566238.0%
India394105196254-13.6%
Italy11237.833.7108-1.2%
ChinaN/AN/AN/A92.80%
Others74.276.377.992.67.7%
Total1,3291,1631,3112,13717.2%

Top Suppliers of Dithionites and Sulphoxylates to Switzerland in 2022:

  1. Germany (286.4 tons)
  2. Belgium (285.6 tons)
  3. India (101.4 tons)
  4. Italy (36.7 tons)
  5. China (11.6 tons)

Dithionites and Sulphoxylates Exports in Switzerland

In 2022, approx. 171 tons of dithionites and sulphoxylateses were exported from Switzerland; falling by -32.7% compared with the previous year. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 33%.

In value terms, dithionites and sulphoxylates exports shrank notably to $696K in 2022. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year.

Export of Dithionites and Sulphoxylates in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.044.285.8147265.9%
Colombia78.012013611513.8%
Austria15918025387.7-18.0%
Bangladesh12315715576.2-14.8%
MexicoN/AN/AN/A62.30%
PolandN/A3.735.661.7308.4%
MauritiusN/A45.966.442.7-3.5%
Turkey0.610.240.835.0287.8%
Algeria717N/A3.2N/A-93.3%
Others66.071.510869.01.5%
Total1,147633883696-15.3%

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

  1. Germany (56.5 tons)
  2. Austria (21.1 tons)
  3. Colombia (20.8 tons)
  4. Poland (16.9 tons)
  5. Mexico (11.0 tons)
  6. Mauritius (10.5 tons)
  7. Bangladesh (10.2 tons)
  8. Turkey (10.0 tons)

Source: IndexBox Market Intelligence Platform

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