Price for Dithionites and Sulphoxylates; of Sodium in Thailand - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Thailand (CIF) - 2022
- Price for Dithionites and Sulphoxylates; of Sodium in Thailand (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Thailand
- Exports of Dithionites and Sulphoxylates; of Sodium in Thailand
Price for Dithionites and Sulphoxylates; of Sodium in Thailand (CIF) - 2022
The average import price for dithionites and sulphoxylates; of sodia stood at $1,705 per ton in 2022, with an increase of 38% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,406 per ton), while the price for China ($1,461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dithionites and Sulphoxylates; of Sodium in Thailand (FOB) - 2022
The average export price for dithionites and sulphoxylates; of sodia stood at $1,894 per ton in 2022, growing by 41% against the previous year. In general, the export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 75%. As a result, the export price attained the peak level of $3,655 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($3,212 per ton), while the average price for exports to Myanmar totaled $1,850 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+50.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dithionites and Sulphoxylates; of Sodium in Thailand
In 2022, purchases abroad of dithionites and sulphoxylates; of sodia decreased by -1.9% to 5.9K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 6.8% against the previous year.
In value terms, dithionites and sulphoxylates; of sodium imports surged to $10M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.5% against 2020 indices. 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 2.9 | 4.5 | 6.1 | 36.5% |
| India | 1.6 | 1.0 | 1.1 | 1.8 | 4.0% |
| Germany | 2.6 | 1.7 | 1.4 | 1.6 | -14.9% |
| South Korea | 0.8 | 0.2 | 0.3 | 0.4 | -20.6% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 7.7 | 6.0 | 7.5 | 10.1 | 9.5% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Thailand in 2022:
- China (4.2K tons)
- India (0.8K tons)
- Germany (0.7K tons)
- South Korea (0.2K tons)
Exports of Dithionites and Sulphoxylates; of Sodium in Thailand
In 2022, after three years of growth, there was significant decline in shipments abroad of dithionites and sulphoxylates; of sodia, when their volume decreased by -88.5% to 16 tons. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 8,107% against the previous year.
In value terms, dithionites and sulphoxylates; of sodium exports dropped significantly to $29K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 12,790% against the previous year.
| Export of Dithionites and Sulphoxylates; of Sodium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | 92.3 | 27.8 | -69.9% |
| Indonesia | N/A | N/A | N/A | 1.6 | 0% |
| China | N/A | 0.7 | 24.7 | N/A | 3428.6% |
| Vietnam | N/A | 2.1 | 9.6 | N/A | 357.1% |
| Malaysia | N/A | N/A | 41.6 | N/A | 0% |
| Singapore | N/A | 11.9 | 4.0 | N/A | -66.4% |
| Bangladesh | N/A | N/A | 9.4 | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 0.1 | 14.8 | 182 | 29.4 | 564.9% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Thailand in 2022:
- Myanmar (15.0 tons)
- Indonesia (0.5 tons)
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