Price for Dithionites and Sulphoxylates; of Sodium in Azerbaijan - 2023

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Azerbaijan (CIF) - 2022
  2. Imports of Dithionites and Sulphoxylates; of Sodium in Azerbaijan

Price for Dithionites and Sulphoxylates; of Sodium in Azerbaijan (CIF) - 2022

In 2022, the average import price for dithionites and sulphoxylates; of sodia amounted to $1,261 per ton, which is down by -16.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 31%. Over the period under review, average import prices reached the peak figure at $2,113 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($4,125 per ton), while the price for Iran ($360 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by China (+49.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Dithionites and Sulphoxylates; of Sodium in Azerbaijan

In 2022, the amount of dithionites and sulphoxylates; of sodia imported into Azerbaijan soared to 81 tons, surging by 154% against 2021 figures. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates; of sodium imports soared to $103K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates; of Sodium in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.21.4N/A83.4647.1%
Iran0.4N/A18.919.0262.2%
Turkey0.70.119.10.2-34.1%
Italy47.437.79.8N/A-54.5%
Others0.40.20.7N/A32.3%
Total49.139.448.510328.0%

Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Azerbaijan in 2022:

  1. Iran (52.8 tons)
  2. China (28.6 tons)
  3. Turkey (0.1 tons)

Source: IndexBox Market Intelligence Platform

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