Price for Dithionites and Sulphoxylates; of Sodium in Sweden - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Sweden (CIF) - 2023
- Price for Dithionites and Sulphoxylates; of Sodium in Sweden (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Sweden
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 6.4 | 8.2 | 8.3 | 13.8 | 29.2% |
Germany | 0.6 | 0.1 | 0.1 | 0.3 | -20.6% |
Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Total | 7.2 | 8.3 | 8.5 | 14.2 | 25.4% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Sweden in 2022:
- Belgium (6.4K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 85.3 | 89.3 | 95.7 | 24.4 | -34.1% |
United Kingdom | N/A | N/A | N/A | 15.1 | 0% |
Others | 0.7 | 0.6 | 0.7 | 0.3 | -24.6% |
Total | 86.1 | 89.8 | 96.4 | 39.8 | -22.7% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Sweden in 2022:
- Norway (10.9 tons)
- United Kingdom (0.9 tons)
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