Price for Dithionites and Sulphoxylates; of Sodium in Malaysia - 2021
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Malaysia (CIF) - 2021
- Price for Dithionites and Sulphoxylates; of Sodium in Malaysia (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Malaysia
- Exports of Dithionites and Sulphoxylates; of Sodium in Malaysia
Price for Dithionites and Sulphoxylates; of Sodium in Malaysia (CIF) - 2021
In December 2021, the average import price for dithionites and sulphoxylates; of sodia amounted to $1,892 per ton, jumping by 26% against the previous month. Overall, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 295% month-to-month. The import price peaked at $4,599 per ton in March 2021; however, from April 2021 to December 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,572 per ton), while the price for China ($1,590 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dithionites and Sulphoxylates; of Sodium in Malaysia (FOB) - 2022
The average export price for dithionites and sulphoxylates; of sodia stood at $1,305 per ton in 2022, with an increase of 5.7% against the previous year. Over the period under review, the export price, however, showed a deep slump. Over the period under review, the average export prices hit record highs at $2,677 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($1,551 per ton), while the average price for exports to Singapore totaled $426 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+16.8%), while the prices for the other major destinations experienced a decline.
Imports of Dithionites and Sulphoxylates; of Sodium in Malaysia
In 2022, the amount of dithionites and sulphoxylates; of sodia imported into Malaysia dropped to 1.3K tons, which is down by -7.7% against 2021. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 18%.
In value terms, dithionites and sulphoxylates; of sodium imports fell to $2.7M in 2022. Overall, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports reached the peak of $3.2M, and then contracted in the following year.
| Import of Dithionites and Sulphoxylates; of Sodium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,114 | 692 | 1,362 | 1,194 | 2.3% |
| Germany | 1,309 | 1,105 | 1,194 | 1,093 | -5.8% |
| Taiwan (Chinese) | 360 | 263 | 312 | 282 | -7.8% |
| India | 164 | 144 | 95.4 | 123 | -9.1% |
| Netherlands | 84.5 | N/A | 112 | N/A | 15.1% |
| Others | 52.2 | 24.5 | 82.7 | N/A | 25.9% |
| Total | 3,084 | 2,228 | 3,157 | 2,693 | -4.4% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Malaysia in 2022:
- China (1000.1 tons)
- Germany (141.1 tons)
- Taiwan (Chinese) (118.5 tons)
- India (69.8 tons)
Exports of Dithionites and Sulphoxylates; of Sodium in Malaysia
In 2022, after three years of growth, there was decline in overseas shipments of dithionites and sulphoxylates; of sodia, when their volume decreased by -2.4% to 196 tons. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 5.1% against the previous year. As a result, the exports attained the peak of 201 tons, and then shrank in the following year.
In value terms, dithionites and sulphoxylates; of sodium exports rose slightly to $256K in 2022. Over the period under review, exports saw a noticeable reduction.
| Export of Dithionites and Sulphoxylates; of Sodium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 131 | 251 | 177 | 238 | 22.0% |
| Singapore | 12.4 | 9.1 | 71.5 | 18.2 | 13.6% |
| Thailand | 50.2 | N/A | N/A | N/A | 0% |
| Indonesia | 78.3 | N/A | N/A | N/A | 0% |
| Others | N/A | 4.1 | N/A | N/A | 0% |
| Total | 272 | 264 | 249 | 256 | -2.0% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Malaysia in 2022:
- Bangladesh (153.6 tons)
- Singapore (42.8 tons)
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