Price for Dithionites and Sulphoxylates; Other than Sodium in Turkey - 2023
Contents:
- Price for Dithionites and Sulphoxylates; Other than Sodium in Turkey (CIF) - 2022
- Price for Dithionites and Sulphoxylates; Other than Sodium in Turkey (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; Other than Sodium in Turkey
- Exports of Dithionites and Sulphoxylates; Other than Sodium in Turkey
Price for Dithionites and Sulphoxylates; Other than Sodium in Turkey (CIF) - 2022
The average import price for dithionites and sulphoxylates; other than sodia stood at $5,464 per ton in 2022, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2018 when the average import price increased by 15%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,810 per ton), while the price for India ($4,723 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Dithionites and Sulphoxylates; Other than Sodium in Turkey (FOB) - 2022
In 2022, the average export price for dithionites and sulphoxylates; other than sodia amounted to $7,037 per ton, growing by 13% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dithionites and sulphoxylates; other than sodia decreased by -7.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 45% against the previous year. As a result, the export price attained the peak level of $7,565 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($8,500 per ton), while the average price for exports to Pakistan ($3,658 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 Azerbaijan (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dithionites and Sulphoxylates; Other than Sodium in Turkey
In 2022, the amount of dithionites and sulphoxylates; other than sodia imported into Turkey declined to 262 tons, shrinking by -4.8% compared with 2021 figures. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports reached the peak of 275 tons, and then dropped slightly in the following year.
In value terms, imports of dithionites and sulphoxylates; other than sodia rose sharply to $1.4M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Dithionites and Sulphoxylates; Other than Sodium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 847 | 711 | 891 | 979 | 4.9% |
| Germany | 197 | 259 | 374 | 353 | 21.5% |
| China | N/A | 90.1 | 69.9 | 89.1 | -0.6% |
| Others | 53.6 | 0.2 | 5.3 | 10.2 | -42.5% |
| Total | 1,098 | 1,060 | 1,340 | 1,431 | 9.2% |
Top Suppliers of Dithionites and Sulphoxylates; Other than Sodium to Turkey in 2022:
- India (207.2 tons)
- Germany (36.0 tons)
- China (17.1 tons)
Exports of Dithionites and Sulphoxylates; Other than Sodium in Turkey
Exports of dithionites and sulphoxylates; other than sodia from Turkey contracted markedly to 59 tons in 2022, reducing by -43% on 2021 figures. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 123%. As a result, the exports reached the peak of 104 tons, and then contracted rapidly in the following year.
In value terms, exports of dithionites and sulphoxylates; other than sodia contracted dramatically to $418K in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 83%. As a result, the exports attained the peak of $648K, and then shrank significantly in the following year.
| Export of Dithionites and Sulphoxylates; Other than Sodium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 245 | 263 | 332 | 183 | -9.3% |
| Uzbekistan | 9.3 | 18.4 | 183 | 115 | 131.2% |
| Iran | 13.8 | 21.5 | 8.8 | 23.3 | 19.1% |
| Pakistan | 34.8 | N/A | 1.7 | 19.5 | -17.6% |
| Turkmenistan | N/A | 9.4 | 20.7 | 19.4 | 43.7% |
| Portugal | N/A | N/A | 16.3 | 16.3 | 0.0% |
| Poland | 6.1 | 6.7 | 6.4 | 12.3 | 26.3% |
| Egypt | 73.4 | 13.1 | 14.8 | 4.1 | -61.8% |
| Bulgaria | N/A | N/A | 26.9 | N/A | 0% |
| Others | 40.2 | 22.0 | 37.3 | 25.3 | -14.3% |
| Total | 423 | 354 | 648 | 418 | -0.4% |
Top Export Markets for Dithionites and Sulphoxylates; Other than Sodium from Turkey in 2022:
- Bangladesh (25.0 tons)
- Uzbekistan (13.9 tons)
- Pakistan (5.3 tons)
- Iran (3.7 tons)
- Portugal (3.0 tons)
- Poland (2.3 tons)
- Turkmenistan (2.3 tons)
- Egypt (0.6 tons)
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