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

Contents:

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

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

In 2022, the average export price for dithionites and sulphoxylates; other than sodia amounted to $9,273 per ton, rising by 38% against the previous year. Overall, the export price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 163%. The export price peaked at $18,259 per ton in 2019; however, from 2020 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 Kenya ($50,054 per ton), while the average price for exports to the United States ($4,598 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 Pakistan (+62.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for dithionites and sulphoxylates; other than sodia amounted to $6,262 per ton, waning by -4% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 +2.5% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 67%. As a result, import price attained the peak level of $6,561 per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 +8.0% per year.

Exports of Dithionites and Sulphoxylates; Other than Sodium in the UK

In 2022, overseas shipments of dithionites and sulphoxylates; other than sodia decreased by -72.1% to 5 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 543%. As a result, the exports attained the peak of 18 tons, and then fell remarkably in the following year.

In value terms, exports of dithionites and sulphoxylates; other than sodia shrank rapidly to $47K in 2022. In general, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 220% against the previous year. As a result, the exports attained the peak of $121K, and then dropped dramatically in the following year.

Export of Dithionites and Sulphoxylates; Other than Sodium in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.613.250.814.075.3%
KenyaN/A3.28.411.186.2%
Bangladesh1.87.635.410.781.1%
Germany0.30.5N/A1.778.3%
Mauritius23.0N/AN/AN/A0%
CyprusN/AN/A5.0N/A0%
Netherlands3.71.5N/AN/A-59.5%
Pakistan5.31.2N/AN/A-77.4%
Others1.410.821.89.186.6%
Total38.138.012146.66.9%

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

  1. United States (3.0 tons)
  2. Bangladesh (1.5 tons)
  3. Kenya (0.2 tons)
  4. Germany (0.1 tons)

Imports of Dithionites and Sulphoxylates; Other than Sodium in the UK

Imports of dithionites and sulphoxylates; other than sodia into the UK shrank rapidly to 3.8 tons in 2022, with a decrease of -70.9% on the year before. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 148%. As a result, imports reached the peak of 13 tons, and then reduced sharply in the following year.

In value terms, imports of dithionites and sulphoxylates; other than sodia dropped markedly to $24K in 2022. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. As a result, imports attained the peak of $86K, and then fell notably in the following year.

Import of Dithionites and Sulphoxylates; Other than Sodium in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.93.84.521.175.6%
Spain27.128.237.9N/A18.3%
ChinaN/AN/A9.4N/A0%
Germany2.00.430.9N/A293.1%
United StatesN/AN/A3.5N/A0%
Others4.6N/AN/A2.9-14.3%
Total37.632.586.224.0-13.9%

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

  1. India (3.8 tons)

Source: IndexBox Market Intelligence Platform

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