Sulphites; Thiosulphates Price in Australia - 2023
Contents:
- Sulphites; Thiosulphates Price in Australia (CIF) - 2022
- Sulphites; Thiosulphates Price in Australia (FOB) - 2022
- Sulphites; Thiosulphates Imports in Australia
- Sulphites; Thiosulphates Exports in Australia
Sulphites; Thiosulphates Price in Australia (CIF) - 2022
The average sulphites; thiosulphates import price stood at $663 per ton in 2022, with an increase of 39% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +54.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,129 per ton), while the price for the United States ($374 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; Thiosulphates Price in Australia (FOB) - 2022
The average sulphites; thiosulphates export price stood at $1,490 per ton in 2022, growing by 2.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 248% against the previous year. As a result, the export price attained the peak level of $4,010 per ton. From 2021 to 2022, the average 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 Papua New Guinea ($2,102 per ton), while the average price for exports to New Zealand ($1,148 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 Fiji (+7.7%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphites; Thiosulphates Imports in Australia
Sulphites; thiosulphates imports into Australia rose markedly to 47K tons in 2022, increasing by 10% on the previous year's figure. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; thiosulphates imports surged to $31M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 5.3 | 8.6 | 13.0 | 23.5% |
| Thailand | 6.5 | 6.1 | 4.4 | 9.4 | 13.1% |
| Belgium | 2.0 | 3.3 | 3.8 | 4.4 | 30.1% |
| Italy | 1.9 | 2.0 | 1.7 | 1.7 | -3.6% |
| Japan | 1.2 | 1.1 | 0.6 | 0.5 | -25.3% |
| United States | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| Others | 0.5 | 0.8 | 0.9 | 1.8 | 53.3% |
| Total | 19.5 | 19.0 | 20.4 | 31.3 | 17.1% |
Top Suppliers of Sulphites; Thiosulphates to Australia in 2022:
- China (20.6K tons)
- Thailand (15.1K tons)
- Belgium (6.4K tons)
- Italy (1.5K tons)
- United States (1.4K tons)
- Japan (1.3K tons)
Sulphites; Thiosulphates Exports in Australia
In 2022, approx. 142 tons of sulphites; thiosulphateses were exported from Australia; shrinking by -44.7% on the previous year. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year.
In value terms, sulphites; thiosulphates exports fell significantly to $212K in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 98%. As a result, the exports attained the peak of $682K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Sulphites; Thiosulphates in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 105 | 80.2 | 115 | 99.4 | -1.8% |
| Papua New Guinea | 17.9 | 40.7 | 33.0 | 53.4 | 44.0% |
| Fiji | 3.6 | 1.7 | 2.4 | 40.3 | 123.7% |
| China | 38.5 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 117 | N/A | 0% |
| South Africa | N/A | N/A | 64.7 | N/A | 0% |
| Canada | 96.2 | 260 | N/A | N/A | 170.3% |
| Others | 83.0 | 299 | 41.4 | 19.0 | -38.8% |
| Total | 344 | 682 | 374 | 212 | -14.9% |
Top Export Markets for Sulphites; Thiosulphates from Australia in 2022:
- New Zealand (86.6 tons)
- Papua New Guinea (25.4 tons)
- Fiji (22.6 tons)
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In June 2023, the price of Thiosulphates was $496 per ton (CIF, Australia), showing a decrease of -18.7% compared to the previous month.
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In June 2023, the price of Thiosulphates was $496 per ton (CIF, Australia), showing a decrease of -18.7% compared to the previous month.
