Price for Dithionites and Sulphoxylates; Other than Sodium in Singapore - 2022

Contents:

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

Price for Dithionites and Sulphoxylates; Other than Sodium in Singapore (FOB) - 2022

In 2022, the average export price for dithionites and sulphoxylates; other than sodia amounted to $3,097 per ton, approximately mirroring the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2014 when the average export price increased by 186% against the previous year. Over the period under review, the average export prices hit record highs at $36,728 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($7,228 per ton), while the average price for exports to Brunei Darussalam ($1,573 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Dithionites and Sulphoxylates; Other than Sodium in Singapore (CIF) - 2022

In 2022, the average import price for dithionites and sulphoxylates; other than sodia amounted to $4,000 per ton, growing by 4.2% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dithionites and sulphoxylates; other than sodia increased by +110.0% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 32%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +15.8% per year.

Exports of Dithionites and Sulphoxylates; Other than Sodium in Singapore

After two years of decline, overseas shipments of dithionites and sulphoxylates; other than sodia decreased by 0% to 3.2 tons in 2022. In general, exports continue to indicate a precipitous curtailment. The smallest decline of 99.9% was in 2020.

In value terms, exports of dithionites and sulphoxylates; other than sodia amounted to $10K in 2022. Overall, exports faced a dramatic decline. The smallest decline of 99.9% was in 2020.

Export of Dithionites and Sulphoxylates; Other than Sodium in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brunei Darussalam2.0N/AN/A3.722.8%
Philippines1.6N/AN/A3.631.0%
Bangladesh6.0N/AN/A2.7-23.4%
South Korea20.6N/AN/AN/A0%
Japan24.8N/AN/AN/A0%
Malaysia2.8N/AN/AN/A0%
Indonesia27.1N/AN/AN/A0%
Others5.4N/AN/AN/A0%
Total90.3N/AN/A10.0-52.0%

Top Export Markets for Dithionites and Sulphoxylates; Other than Sodium from Singapore in 2022:

  1. Brunei Darussalam (2.3 tons)
  2. Philippines (0.5 tons)
  3. Bangladesh (0.4 tons)

Imports of Dithionites and Sulphoxylates; Other than Sodium in Singapore

For the third year in a row, Singapore recorded decline in supplies from abroad of dithionites and sulphoxylates; other than sodia, which decreased by -99.9% to 1 kg in 2022. In general, imports faced a significant curtailment. The smallest decline of -83.9% was in 2020.

In value terms, imports of dithionites and sulphoxylates; other than sodia declined rapidly to $4 in 2022. Overall, imports continue to indicate a sharp setback. The smallest decline of -80.1% was in 2020.

Import of Dithionites and Sulphoxylates; Other than Sodium in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.111.51.6N/A-48.8%
China1.30.5N/AN/A-61.5%
Malaysia4.88.31.1N/A-52.1%
India1.94.60.8N/A-35.1%
Taiwan (Chinese)112N/AN/AN/A0%
Others0.10.2N/AN/A100.0%
Total12625.13.5N/A-83.3%

Top Suppliers of Dithionites and Sulphoxylates; Other than Sodium to Singapore in 2022:

  1. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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