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

Contents:

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

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

The average import price for dithionites and sulphoxylates; of sodia stood at $4,366 per ton in 2022, jumping by 75% against the previous year. Over the period under review, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,390 per ton), while the price for Poland totaled $4,331 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.7%).

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

The average export price for dithionites and sulphoxylates; of sodia stood at $17,833 per ton in 2022, reducing by -44.3% against the previous year. In general, the export price saw a perceptible decline. Over the period under review, the average export prices hit record highs at $32,000 per ton in 2021, and then shrank sharply in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($19,000 per ton), while the average price for exports to Denmark totaled $17,600 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.8%).

Imports of Dithionites and Sulphoxylates; of Sodium in Latvia

Dithionites and sulphoxylates; of sodium imports into Latvia fell to 11 tons in 2022, waning by -5.1% compared with the previous year's figure. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 23%.

In value terms, dithionites and sulphoxylates; of sodium imports skyrocketed to $48K in 2022. Overall, imports, however, saw 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 Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland24.720.027.146.323.3%
Germany0.1N/A1.01.8162.1%
OthersN/AN/A1.0N/A0%
Total24.820.029.048.224.8%

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

  1. Poland (10.7 tons)
  2. Germany (0.3 tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Latvia

In 2022, approx. 6 kg of dithionites and sulphoxylates; of sodia were exported from Latvia; increasing by 20% on 2021 figures. The total export volume increased at an average annual rate of +20.0% over the period from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates; of sodium exports reduced dramatically to $107 in 2022. In general, exports, however, recorded a precipitous contraction.

Export of Dithionites and Sulphoxylates; of Sodium in Latvia (USD)
COUNTRY20212022CAGR,
2021-2022
DenmarkN/A88.00%
Netherlands16019.0-88.1%
OthersN/AN/A0%
Total160107-33.1%

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

  1. Denmark (5.0 kg)
  2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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