Price for Dithionites and Sulphoxylates; Other than Sodium in Thailand - 2023

Contents:

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

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

In 2022, the average import price for dithionites and sulphoxylates; other than sodia amounted to $3,211 per ton, increasing by 21% against the previous year. In general, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 140% against the previous year. The import price peaked at $13,397 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Spain ($6,995 per ton), while the price for China ($2,974 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.9%).

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

The average export price for dithionites and sulphoxylates; other than sodia stood at $1,098 per ton in 2022, surging by 152% against the previous year. In general, the export price showed a pronounced expansion. The export price peaked at $1,470 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to -7.0% per year.

Imports of Dithionites and Sulphoxylates; Other than Sodium in Thailand

In 2022, the amount of dithionites and sulphoxylates; other than sodia imported into Thailand soared to 104 tons, rising by 37% against 2021. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 447% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of dithionites and sulphoxylates; other than sodia skyrocketed to $332K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 439% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Dithionites and Sulphoxylates; Other than Sodium in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.8120172285143.3%
Spain4.85.016.923.870.5%
Taiwan (Chinese)N/AN/AN/A11.80%
Others0.410.411.711.4205.5%
Total25.1135201332136.5%

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

  1. China (96.0 tons)
  2. Spain (3.4 tons)
  3. Taiwan (Chinese) (3.0 tons)

Exports of Dithionites and Sulphoxylates; Other than Sodium in Thailand

After three years of growth, overseas shipments of dithionites and sulphoxylates; other than sodia decreased by -93.5% to 6.2 tons in 2022. In general, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 31%.

In value terms, exports of dithionites and sulphoxylates; other than sodia reduced rapidly to $6.8K in 2022. Over the period under review, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 6.7%.

Export of Dithionites and Sulphoxylates; Other than Sodium in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/AN/A6.80%
Lao People's Democratic Republic51.838.741.3N/A-10.7%
Others0.4N/AN/AN/A0%
Total52.238.841.46.8-49.3%

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

  1. Myanmar (6.2 tons)

Source: IndexBox Market Intelligence Platform

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