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

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Sweden (CIF) - 2023
  2. Price for Dithionites and Sulphoxylates; of Sodium in Sweden (FOB) - 2022
  3. Imports of Dithionites and Sulphoxylates; of Sodium in Sweden
  4. Exports of Dithionites and Sulphoxylates; of Sodium in Sweden

Price for Dithionites and Sulphoxylates; of Sodium in Sweden (CIF) - 2023

In July 2023, the average import price for dithionites and sulphoxylates; of sodia amounted to $1,946 per ton, which is down by -12.3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 65% m-o-m. As a result, import price reached the peak level of $2,835 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($2,528 per ton), while the price for Belgium totaled $1,841 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (-0.5%).

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

In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $3,340 per ton, rising by 69% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. 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 +88.4% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($16,349 per ton), while the average price for exports to Norway totaled $2,232 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.6%).

Imports of Dithionites and Sulphoxylates; of Sodium in Sweden

In 2022, imports of dithionites and sulphoxylates; of sodia into Sweden rose modestly to 6.5K tons, picking up by 3.9% against 2021. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, dithionites and sulphoxylates; of sodium imports skyrocketed to $14M in 2022. Overall, imports enjoyed 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 Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.48.28.313.829.2%
Germany0.60.10.10.3-20.6%
Others0.20.10.10.1-20.6%
Total7.28.38.514.225.4%

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

  1. Belgium (6.4K tons)
  2. Germany (0.1K tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Sweden

In 2022, overseas shipments of dithionites and sulphoxylates; of sodia decreased by -75.6% to 12 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 4.7%. As a result, the exports reached the peak of 51 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, dithionites and sulphoxylates; of sodium exports plummeted to $40K in 2022. Overall, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 7.3%. As a result, the exports reached the peak of $96K, and then declined significantly in the following year.

Export of Dithionites and Sulphoxylates; of Sodium in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway85.389.395.724.4-34.1%
United KingdomN/AN/AN/A15.10%
Others0.70.60.70.3-24.6%
Total86.189.896.439.8-22.7%

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

  1. Norway (10.9 tons)
  2. United Kingdom (0.9 tons)

Source: IndexBox Market Intelligence Platform

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