Price for Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka - 2022
Contents:
- Price for Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka (CIF) - 2022
- Price for Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka
- Exports of Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka
Price for Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka (CIF) - 2022
In 2022, the average import price for dithionites and sulphoxylates; other than sodia amounted to $5,744 per ton, with an increase of 13% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +30.6% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 33% against the previous year. Over the period under review, average import prices attained the peak figure at $6,514 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +12.1% per year.
Price for Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka (FOB) - 2022
In 2022, the average export price for dithionites and sulphoxylates; other than sodia amounted to $2,720 per ton, declining by -16.4% against the previous year. In general, the export price saw a slight shrinkage. The pace of growth was the most pronounced in 2020 an increase of 22%. As a result, the export price reached the peak level of $6,407 per ton. From 2021 to 2022, the average export prices remained at a somewhat 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 India ($6,865 per ton), while the average price for exports to Bangladesh stood at $959 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+16.1%).
Imports of Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka
After three years of growth, overseas purchases of dithionites and sulphoxylates; other than sodia decreased by -19.8% to 30 tons in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 225%. As a result, imports attained the peak of 37 tons, and then reduced markedly in the following year.
In value terms, imports of dithionites and sulphoxylates; other than sodia reduced to $169K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 250%. As a result, imports reached the peak of $188K, and then fell in the following year.
| Import of Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 23.4 | 38.8 | 154 | 169 | 93.3% |
| Germany | 1.6 | 4.4 | 13.1 | N/A | 186.1% |
| Others | 9.5 | 10.4 | 20.9 | N/A | 48.3% |
| Total | 34.6 | 53.6 | 188 | 169 | 69.7% |
Top Suppliers of Dithionites and Sulphoxylates; Other than Sodium to Sri Lanka in 2022:
- India (29.5 tons)
Exports of Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka
In 2022, the amount of dithionites and sulphoxylates; other than sodia exported from Sri Lanka soared to 17 tons, increasing by 71% compared with 2021 figures. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 244%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of dithionites and sulphoxylates; other than sodia skyrocketed to $47K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Dithionites and Sulphoxylates; Other than Sodium in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.4 | 18.6 | 26.6 | 35.0 | 37.7% |
| Bangladesh | N/A | N/A | 5.9 | 11.5 | 94.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.4 | 18.6 | 32.6 | 46.5 | 51.4% |
Top Export Markets for Dithionites and Sulphoxylates; Other than Sodium from Sri Lanka in 2022:
- Bangladesh (12.0 tons)
- India (5.1 tons)
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