Price for Dithionites and Sulphoxylates; of Sodium in Saudi Arabia - 2021

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Saudi Arabia (FOB) - 2022
  2. Exports of Dithionites and Sulphoxylates; of Sodium in Saudi Arabia

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

In 2021, the average export price for dithionites and sulphoxylates; of sodia amounted to $1,375 per ton, rising by 31% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 67%. Over the period under review, the average export prices reached the maximum at $1,453 per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to +8.0% per year.

Exports of Dithionites and Sulphoxylates; of Sodium in Saudi Arabia

In 2022, approx. 243 tons of dithionites and sulphoxylates; of sodia were exported from Saudi Arabia; picking up by 32% compared with 2021. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% 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 decreased by -19.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 89%. As a result, the exports attained the peak of 302 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dithionites and sulphoxylates; of sodium exports rose markedly to $286K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 215% against the previous year. As a result, the exports reached the peak of $317K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Dithionites and Sulphoxylates; of Sodium in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Kuwait2.93.8254835.9%
IraqN/A144N/A0%
Jordan9.611.5N/A19.8%
United Arab Emirates4.94.0N/A-18.4%
Egypt15.843.4N/A174.7%
Others67.5111N/A64.4%
Total10131725458.6%

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

  1. Kuwait (184.6 tons)

Source: IndexBox Market Intelligence Platform

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