Sulphites; Thiosulphates Price in Saudi Arabia - 2021
Contents:
- Sulphites; Thiosulphates Price in Saudi Arabia (CIF) - 2022
- Sulphites; Thiosulphates Price in Saudi Arabia (FOB) - 2022
- Sulphites; Thiosulphates Imports in Saudi Arabia
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Thailand | 4.2 | 1.3 | 1.2 | -46.5% | |
China | 6.3 | 2.2 | 0.7 | -66.7% | |
Germany | 1.8 | 1.0 | 0.5 | -47.3% | |
Italy | 0.9 | 0.6 | 0.4 | -33.3% | |
Turkey | 0.8 | 0.8 | N/A | 0.0% | |
Others | 1.1 | N/A | N/A | 0% | |
Total | 15.0 | 6.0 | 2.7 | -57.6% |
Top Suppliers of Sulphites; Thiosulphates to Saudi Arabia in 2022:
- Thailand (2.2K tons)
- China (1.9K tons)
- Germany (0.9K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 8.2 | 36.6 | 275 | 98.0 | 128.6% |
India | N/A | N/A | 127 | 32.7 | -74.3% |
Tanzania | N/A | N/A | N/A | 31.4 | 0% |
Bahrain | 21.5 | 122 | 134 | 9.2 | -24.6% |
South Africa | N/A | N/A | N/A | 9.1 | 0% |
Kuwait | N/A | 4.6 | 259 | N/A | 5530.4% |
Eritrea | N/A | N/A | 980 | N/A | 0% |
Others | 129 | 15.5 | -1,589.7 | 2.1 | -74.7% |
Total | 159 | 179 | 186 | 182 | 4.6% |
Top Export Markets for Sulphites; Thiosulphates from Saudi Arabia in 2022:
- United Arab Emirates (99.9 tons)
- India (37.7 tons)
- Tanzania (30.1 tons)
- South Africa (11.3 tons)
- Bahrain (7.0 tons)
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