Sulphites; Thiosulphates Price in Saudi Arabia - 2021

Contents:

  1. Sulphites; Thiosulphates Price in Saudi Arabia (CIF) - 2022
  2. Sulphites; Thiosulphates Price in Saudi Arabia (FOB) - 2022
  3. Sulphites; Thiosulphates Imports in Saudi Arabia
  4. Sulphites; Thiosulphates Exports in Saudi Arabia

Sulphites; Thiosulphates Price in Saudi Arabia (CIF) - 2022

In 2021, the average sulphites; thiosulphates import price amounted to $472 per ton, standing approx. at the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by 9.8% against the previous year. As a result, import price attained the peak level of $741 per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($563 per ton), while the price for China ($350 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.8%), while the prices for the other major suppliers experienced a decline.

Sulphites; Thiosulphates Price in Saudi Arabia (FOB) - 2022

The average sulphites; thiosulphates export price stood at $971 per ton in 2022, declining by -3.2% against the previous year. Overall, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 79% against the previous year. The export price peaked at $1,205 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($1,305 per ton), while the average price for exports to South Africa ($806 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 India (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; Thiosulphates Imports in Saudi Arabia

In 2021, the amount of sulphites; thiosulphateses imported into Saudi Arabia plummeted to 5.7K tons, reducing by -55.6% on the previous year's figure. Overall, imports saw a precipitous decrease.

In value terms, sulphites; thiosulphates imports dropped notably to $2.7M in 2021. Over the period under review, imports recorded a precipitous setback.

Import of Sulphites; Thiosulphates in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Thailand4.21.31.2-46.5%
China6.32.20.7-66.7%
Germany1.81.00.5-47.3%
Italy0.90.60.4-33.3%
Turkey0.80.8N/A0.0%
Others1.1N/AN/A0%
Total15.06.02.7-57.6%

Top Suppliers of Sulphites; Thiosulphates to Saudi Arabia in 2022:

  1. Thailand (2.2K tons)
  2. China (1.9K tons)
  3. Germany (0.9K tons)
  4. Italy (0.7K tons)

Sulphites; Thiosulphates Exports in Saudi Arabia

Sulphites; thiosulphates exports from Saudi Arabia was estimated at 188 tons in 2022, standing approx. at the year before. In general, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 16%.

In value terms, sulphites; thiosulphates exports reduced to $182K in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13%.

Export of Sulphites; Thiosulphates in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.236.627598.0128.6%
IndiaN/AN/A12732.7-74.3%
TanzaniaN/AN/AN/A31.40%
Bahrain21.51221349.2-24.6%
South AfricaN/AN/AN/A9.10%
KuwaitN/A4.6259N/A5530.4%
EritreaN/AN/A980N/A0%
Others12915.5-1,589.72.1-74.7%
Total1591791861824.6%

Top Export Markets for Sulphites; Thiosulphates from Saudi Arabia in 2022:

  1. United Arab Emirates (99.9 tons)
  2. India (37.7 tons)
  3. Tanzania (30.1 tons)
  4. South Africa (11.3 tons)
  5. Bahrain (7.0 tons)

Source: IndexBox Market Intelligence Platform

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