Price for Dithionites and Sulphoxylates; of Sodium in Spain - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Spain (CIF) - 2023
- Price for Dithionites and Sulphoxylates; of Sodium in Spain (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Spain
- Exports of Dithionites and Sulphoxylates; of Sodium in Spain
Price for Dithionites and Sulphoxylates; of Sodium in Spain (CIF) - 2023
The average import price for dithionites and sulphoxylates; of sodia stood at $3,885 per ton in August 2023, picking up by 56% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.9%. 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 August 2023, the country with the highest price was India ($4,517 per ton), while the price for Germany totaled $3,649 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by India (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dithionites and Sulphoxylates; of Sodium in Spain (FOB) - 2022
In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $3,528 per ton, picking up by 35% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2013 to 2022: its price increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dithionites and sulphoxylates; of sodium export price increased by +57.7% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($11,026 per ton), while the average price for exports to the United States ($1,622 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dithionites and Sulphoxylates; of Sodium in Spain
In 2022, approx. 1.6K tons of dithionites and sulphoxylates; of sodia were imported into Spain; increasing by 8.6% compared with 2021 figures. Overall, imports recorded a relatively flat trend pattern.
In value terms, dithionites and sulphoxylates; of sodium imports skyrocketed to $4.8M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.0% 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 Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,313 | 1,453 | 1,777 | 2,328 | 21.0% |
| Belgium | 1,030 | 1,054 | 709 | 1,518 | 13.8% |
| India | 266 | 225 | 304 | 364 | 11.0% |
| South Korea | N/A | 70.0 | 68.1 | 188 | 63.9% |
| Italy | 30.6 | 45.8 | 32.5 | 154 | 71.4% |
| Others | 192 | 205 | 103 | 206 | 2.4% |
| Total | 2,833 | 3,052 | 2,994 | 4,758 | 18.9% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Spain in 2022:
- Germany (720.2 tons)
- Belgium (587.3 tons)
- India (128.6 tons)
- South Korea (79.1 tons)
- Italy (44.2 tons)
Exports of Dithionites and Sulphoxylates; of Sodium in Spain
In 2022, after three years of growth, there was significant decline in overseas shipments of dithionites and sulphoxylates; of sodia, when their volume decreased by -29.7% to 314 tons. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports attained the peak of 446 tons, and then reduced rapidly in the following year.
In value terms, dithionites and sulphoxylates; of sodium exports shrank to $1.1M in 2022. The total export value increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25%.
| Export of Dithionites and Sulphoxylates; of Sodium in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 205 | 272 | 259 | 319 | 15.9% |
| Germany | 160 | 155 | 174 | 223 | 11.7% |
| Tunisia | 58.9 | 113 | 170 | 112 | 23.9% |
| Bangladesh | 18.2 | 34.4 | 27.9 | 105 | 79.4% |
| France | 85.3 | 90.8 | 136 | 82.9 | -0.9% |
| Italy | 39.7 | 87.5 | 46.8 | 63.0 | 16.6% |
| United States | 41.6 | 19.8 | 18.9 | 23.4 | -17.5% |
| Mexico | 34.0 | 35.3 | 54.2 | 12.0 | -29.3% |
| Others | 146 | 177 | 278 | 167 | 4.6% |
| Total | 789 | 985 | 1,164 | 1,106 | 11.9% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Spain in 2022:
- Portugal (97.5 tons)
- Germany (66.4 tons)
- France (51.0 tons)
- Italy (19.1 tons)
- Bangladesh (17.5 tons)
- United States (14.4 tons)
- Tunisia (10.1 tons)
- Mexico (6.9 tons)
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