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

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Greece (CIF) - 2022
  2. Price for Dithionites and Sulphoxylates; of Sodium in Greece (FOB) - 2022
  3. Imports of Dithionites and Sulphoxylates; of Sodium in Greece
  4. Exports of Dithionites and Sulphoxylates; of Sodium in Greece

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

In 2022, the average import price for dithionites and sulphoxylates; of sodia amounted to $3,705 per ton, with an increase of 107% against the previous year. In general, the import price saw a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,805 per ton), while the price for Italy ($1,440 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Dithionites and Sulphoxylates; of Sodium in Greece (FOB) - 2022

The average export price for dithionites and sulphoxylates; of sodia stood at $3,663 per ton in 2022, picking up by 88% against the previous year. Overall, the export price posted significant growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 103% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($5,426 per ton), while the average price for exports to North Macedonia ($3,499 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 Romania (+79.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dithionites and Sulphoxylates; of Sodium in Greece

In 2022, purchases abroad of dithionites and sulphoxylates; of sodia decreased by -40.1% to 104 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 7.2% against the previous year.

In value terms, dithionites and sulphoxylates; of sodium imports soared to $387K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates; of Sodium in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany35.179.513126195.2%
South KoreaN/AN/A62.689.442.8%
Italy1931961183.6-73.5%
Others24.716.2N/A32.910.0%
Total25329231238715.2%

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

  1. Germany (68.6 tons)
  2. South Korea (31.5 tons)
  3. Italy (2.5 tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Greece

In 2022, the amount of dithionites and sulphoxylates; of sodia exported from Greece soared to 7.1 tons, with an increase of 66% compared with 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 108%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, dithionites and sulphoxylates; of sodium exports surged to $26K in 2022. In general, exports recorded significant growth. 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 Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia5.02.78.114.442.3%
RomaniaN/AN/A0.310.33333.3%
Marshall IslandsN/AN/AN/A1.40%
CyprusN/A1.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.04.38.326.073.2%

Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Greece in 2022:

  1. North Macedonia (4.1 tons)
  2. Romania (2.8 tons)
  3. Marshall Islands (0.3 tons)

Source: IndexBox Market Intelligence Platform

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