Price for Dithionites and Sulphoxylates; of Sodium in Belgium - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Belgium (FOB) - 2023
- Price for Dithionites and Sulphoxylates; of Sodium in Belgium (CIF) - 2022
- Exports of Dithionites and Sulphoxylates; of Sodium in Belgium
- Imports of Dithionites and Sulphoxylates; of Sodium in Belgium
Price for Dithionites and Sulphoxylates; of Sodium in Belgium (FOB) - 2023
The average export price for dithionites and sulphoxylates; of sodia stood at $1,921 per ton in August 2023, increasing by 1.7% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 23% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,610 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2,551 per ton), while the average price for exports to Germany ($1,220 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dithionites and Sulphoxylates; of Sodium in Belgium (CIF) - 2022
The average import price for dithionites and sulphoxylates; of sodia stood at $3,521 per ton in 2022, growing by 30% against the previous year. Over the period under review, the import price posted a resilient expansion. The growth pace was the most rapid in 2021 an increase of 75%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,626 per ton), while the price for France ($2,550 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Dithionites and Sulphoxylates; of Sodium in Belgium
In 2022, approx. 22K tons of dithionites and sulphoxylates; of sodia were exported from Belgium; waning by -10.4% on the year before. Over the period under review, exports saw a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 1.8%.
In value terms, dithionites and sulphoxylates; of sodium exports soared to $40M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +59.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Dithionites and Sulphoxylates; of Sodium in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.9 | 9.3 | 11.0 | 16.6 | 23.1% |
| Germany | 6.1 | 5.0 | 4.5 | 7.1 | 5.2% |
| United Kingdom | 1.8 | 1.6 | 1.6 | 3.0 | 18.6% |
| Spain | 1.2 | 1.0 | 1.2 | 2.7 | 31.0% |
| France | 1.7 | 1.4 | 1.6 | 2.5 | 13.7% |
| Pakistan | 0.2 | 0.9 | 1.6 | 1.4 | 91.3% |
| Turkey | 1.5 | 1.5 | 1.6 | 0.7 | -22.4% |
| Italy | 0.4 | 0.7 | 0.7 | 0.5 | 7.7% |
| Others | 4.1 | 3.6 | 3.8 | 5.3 | 8.9% |
| Total | 25.8 | 25.0 | 27.7 | 39.8 | 15.5% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Belgium in 2022:
- Sweden (8.0K tons)
- Germany (6.9K tons)
- United Kingdom (1.5K tons)
- France (1.3K tons)
- Spain (1.0K tons)
- Turkey (0.5K tons)
- Pakistan (0.5K tons)
- Italy (0.2K tons)
Imports of Dithionites and Sulphoxylates; of Sodium in Belgium
In 2022, supplies from abroad of dithionites and sulphoxylates; of sodia decreased by -21.6% to 269 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 7.2%. As a result, imports attained the peak of 354 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dithionites and sulphoxylates; of sodium imports expanded to $947K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +73.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Dithionites and Sulphoxylates; of Sodium in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 566 | 419 | 651 | 672 | 5.9% |
| India | 60.0 | 50.4 | 185 | 143 | 33.6% |
| France | 15.6 | 13.1 | 2.7 | 37.2 | 33.6% |
| Netherlands | 11.4 | 14.0 | 13.4 | 28.5 | 35.7% |
| Taiwan (Chinese) | N/A | 42.5 | N/A | N/A | 0% |
| Others | 3.7 | 7.3 | 74.6 | 67.3 | 163.0% |
| Total | 657 | 546 | 927 | 947 | 13.0% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Belgium in 2022:
- Germany (202.6 tons)
- India (41.9 tons)
- France (14.6 tons)
- Netherlands (5.1 tons)
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