Price for Dithionites and Sulphoxylates; of Sodium in Japan - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Japan (CIF) - 2023
- Price for Dithionites and Sulphoxylates; of Sodium in Japan (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Japan
- Exports of Dithionites and Sulphoxylates; of Sodium in Japan
Price for Dithionites and Sulphoxylates; of Sodium in Japan (CIF) - 2023
The average import price for dithionites and sulphoxylates; of sodia stood at $1,702 per ton in September 2023, growing by 7.8% against the previous month. In general, the import price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in July 2023 an increase of 18% against the previous month. The import price peaked at $2,025 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($2,890 per ton), while the price for China ($1,363 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 India (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dithionites and Sulphoxylates; of Sodium in Japan (FOB) - 2022
In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $6,871 per ton, approximately reflecting the previous year. In general, the export price, however, saw a pronounced slump. The growth pace was the most rapid in 2021 when the average export price increased by 6.1%. Over the period under review, the average export prices reached the peak figure at $9,425 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($31,721 per ton), while the average price for exports to Thailand ($3,908 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 China (+2.0%), while the prices for the other major destinations experienced a decline.
Imports of Dithionites and Sulphoxylates; of Sodium in Japan
In 2022, approx. 5.1K tons of dithionites and sulphoxylates; of sodia were imported into Japan; growing by 2.8% on the previous year. In general, imports, however, recorded a slight slump. The pace of growth was the most pronounced in 2021 when imports increased by 19%.
In value terms, dithionites and sulphoxylates; of sodium imports surged to $10M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Dithionites and Sulphoxylates; of Sodium in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 3.0 | 3.7 | 4.4 | 5.9% |
| South Korea | 2.7 | 1.8 | 2.4 | 2.9 | 2.4% |
| Germany | 0.8 | 0.7 | 0.6 | 1.1 | 11.2% |
| Taiwan (Chinese) | 1.1 | 0.7 | 1.1 | 0.9 | -6.5% |
| India | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | 6.7 | 8.6 | 10.0 | 3.6% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Japan in 2022:
- China (2.4K tons)
- South Korea (1.5K tons)
- Germany (0.5K tons)
- Taiwan (Chinese) (0.3K tons)
- India (0.3K tons)
Exports of Dithionites and Sulphoxylates; of Sodium in Japan
Dithionites and sulphoxylates; of sodium exports from Japan shrank significantly to 47 tons in 2022, waning by -16.5% compared with the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. As a result, the exports attained the peak of 57 tons, and then dropped remarkably in the following year.
In value terms, dithionites and sulphoxylates; of sodium exports declined dramatically to $325K in 2022. Over the period under review, exports saw a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports attained the peak of $385K, and then shrank markedly in the following year.
| Export of Dithionites and Sulphoxylates; of Sodium in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 179 | 161 | 218 | 177 | -0.4% |
| Malaysia | 102 | 50.5 | 102 | 73.0 | -10.6% |
| United States | 42.4 | 24.8 | 29.3 | 30.7 | -10.2% |
| Thailand | N/A | N/A | 8.4 | 21.9 | 160.7% |
| China | 12.8 | 13.1 | 13.5 | 14.4 | 4.0% |
| Others | 7.3 | 12.0 | 14.0 | 7.9 | 2.7% |
| Total | 344 | 262 | 385 | 325 | -1.9% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Japan in 2022:
- Indonesia (35.0 tons)
- Thailand (5.6 tons)
- Malaysia (2.3 tons)
- China (2.0 tons)
- United States (1.8 tons)
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