Sulphites; Thiosulphates Price in Ukraine - 2023

Contents:

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

Sulphites; Thiosulphates Price in Ukraine (CIF) - 2022

The average sulphites; thiosulphates import price stood at $716 per ton in 2022, growing by 29% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 +65.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 29%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($887 per ton), while the price for China ($467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+38.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Ukraine (FOB) - 2022

The average sulphites; thiosulphates export price stood at $1,293 per ton in 2022, with a decrease of -39.3% against the previous year. Overall, the export price, however, posted a strong increase. The pace of growth was the most pronounced in 2017 an increase of 551% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,195 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,770 per ton), while the average price for exports to Belarus amounted to $441 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+4.4%), while the prices for the other major destinations experienced a decline.

Sulphites; Thiosulphates Imports in Ukraine

In 2022, supplies from abroad of sulphites; thiosulphateses decreased by -9.9% to 8.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 31% against the previous year.

In value terms, sulphites; thiosulphates imports soared to $6.4M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Sulphites; Thiosulphates in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8331,2542,0313,91467.5%
Turkey43648155686125.5%
Germany106290958858100.8%
Italy65.055.4341589108.5%
China146135132145-0.2%
France8911,0951,2870.1-95.2%
Others25214520616.4-59.8%
Total2,7293,4555,5106,38332.7%

Top Suppliers of Sulphites; Thiosulphates to Ukraine in 2022:

  1. France (undefinedK tons)
  2. Netherlands (5.4K tons)
  3. Germany (1.4K tons)
  4. Turkey (1.0K tons)
  5. Italy (0.8K tons)
  6. China (0.3K tons)

Sulphites; Thiosulphates Exports in Ukraine

In 2022, overseas shipments of sulphites; thiosulphateses increased by 242% to 17 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt descent.

In value terms, sulphites; thiosulphates exports soared to $22K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphites; Thiosulphates in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A18.60%
Belarus4.11.1N/A2.7-13.0%
Moldova1.53.10.40.4-35.6%
Guatemala2.44.85.6N/A52.8%
UzbekistanN/AN/A4.4N/A0%
Others0.2N/AN/AN/A0%
Total8.29.010.521.738.3%

Top Export Markets for Sulphites; Thiosulphates from Ukraine in 2022:

  1. Germany (10.5 tons)
  2. Belarus (6.2 tons)
  3. Moldova (0.1 tons)

Source: IndexBox Market Intelligence Platform

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