Dithionites and Sulphoxylates Price in the United States - 2023

Contents:

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

Dithionites and Sulphoxylates Price in the United States (CIF) - 2023

In October 2023, the average dithionites and sulphoxylates import price amounted to $1,969 per ton, surging by 3.1% against the previous month. Over the period under review, the import price, however, recorded a pronounced contraction. The pace of growth was the most pronounced in March 2023 an increase of 97% month-to-month. Over the period under review, average import prices hit record highs at $3,339 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($6,870 per ton), while the price for Canada ($456 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+14.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Dithionites and Sulphoxylates Price in the United States (FOB) - 2022

The average dithionites and sulphoxylates export price stood at $1,780 per ton in 2022, picking up by 5.3% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +18.0% against 2019 indices. The growth pace was the most rapid in 2018 an increase of 31%. As a result, the export price attained the peak level of $2,481 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($2,188 per ton), while the average price for exports to the Dominican Republic ($1,210 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 Guatemala (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in the United States

For the fourth year in a row, the United States recorded growth in purchases abroad of dithionites and sulphoxylateses, which increased by 14% to 9.1K tons in 2022. The total import volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates imports soared to $19M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +75.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Dithionites and Sulphoxylates to the United States in 2022:

1. Germany (3.4K tons)
2. Canada (2.1K tons)
3. India (1.8K tons)
4. China (1.4K tons)
5. South Korea (0.2K tons)

Dithionites and Sulphoxylates Exports in the United States

Dithionites and sulphoxylates exports from the United States stood at 1K tons in 2022, picking up by 12% against the previous year. In general, total exports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, dithionites and sulphoxylates exports soared to $1.8M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Dithionites and Sulphoxylates from the United States in 2022:

1. Canada (518.6 tons)
2. South Korea (165.6 tons)
3. Mexico (123.5 tons)
4. Colombia (67.7 tons)
5. Netherlands (44.2 tons)
6. Dominican Republic (36.1 tons)
7. United Kingdom (9.5 tons)

Source: IndexBox Market Intelligence Platform