Dithionites and Sulphoxylates Price in Egypt - 2023

Contents:

  1. Dithionites and Sulphoxylates Price in Egypt (CIF) - 2022
  2. Dithionites and Sulphoxylates Price in Egypt (FOB) - 2022
  3. Dithionites and Sulphoxylates Imports in Egypt
  4. Dithionites and Sulphoxylates Exports in Egypt

Dithionites and Sulphoxylates Price in Egypt (CIF) - 2022

The average dithionites and sulphoxylates import price stood at $2,433 per ton in 2022, surging by 50% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dithionites and sulphoxylates import price increased by +130.3% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 India ($2,480 per ton), while the price for South Korea ($1,198 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in Egypt (FOB) - 2022

In 2022, the average dithionites and sulphoxylates export price amounted to $4,143 per ton, approximately mirroring the previous year. Overall, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 433%. As a result, the export price attained the peak level of $21,333 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($14,000 per ton), while the average price for exports to Qatar amounted to $4,141 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+27.2%).

Dithionites and Sulphoxylates Imports in Egypt

Dithionites and sulphoxylates imports into Egypt expanded notably to 2.4K tons in 2022, increasing by 14% compared with the year before. In general, imports, however, faced a abrupt downturn.

In value terms, dithionites and sulphoxylates imports skyrocketed to $5.8M in 2022. Overall, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5691,1409343,95036.0%
India8464389531,55122.4%
South Korea56.219.311477.211.2%
Germany72362250561.4-56.0%
Italy961597327N/A-41.7%
Belarus296N/AN/AN/A0%
Others206258553147-10.6%
Total4,6583,0743,3865,7867.5%

Top Suppliers of Dithionites and Sulphoxylates to Egypt in 2022:

  1. China (1603.9 tons)
  2. India (625.1 tons)
  3. South Korea (64.4 tons)
  4. Germany (25.0 tons)

Dithionites and Sulphoxylates Exports in Egypt

In 2022, after three years of growth, there was significant decline in shipments abroad of dithionites and sulphoxylateses, when their volume decreased by -24.1% to 16 tons. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 416,980% against the previous year. As a result, the exports attained the peak of 21 tons, and then dropped sharply in the following year.

In value terms, dithionites and sulphoxylates exports declined rapidly to $66K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 132,848% against the previous year. As a result, the exports reached the peak of $86K, and then declined dramatically in the following year.

Export of Dithionites and Sulphoxylates in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/A61.465.56.7%
SenegalN/AN/A25.0N/A0%
Others0.10.10.1N/A0.0%
Total0.10.186.465.6768.9%

Top Export Markets for Dithionites and Sulphoxylates from Egypt in 2022:

  1. Qatar (15.8 tons)

Source: IndexBox Market Intelligence Platform

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