Dithionites and Sulphoxylates Price in Germany - 2023
Contents:
- Dithionites and Sulphoxylates Price in Germany (FOB) - 2023
- Dithionites and Sulphoxylates Price in Germany (CIF) - 2023
- Dithionites and Sulphoxylates Exports in Germany
- Dithionites and Sulphoxylates Imports in Germany
Dithionites and Sulphoxylates Price in Germany (FOB) - 2023
The average dithionites and sulphoxylates export price stood at $2,414 per ton in August 2023, reducing by -14% against the previous month. In general, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 17% against the previous month. As a result, the export price reached the peak level of $3,374 per ton. From February 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($4,802 per ton), while the average price for exports to Thailand ($1,179 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.9%), while the prices for the other major destinations experienced a decline.
Dithionites and Sulphoxylates Price in Germany (CIF) - 2023
The average dithionites and sulphoxylates import price stood at $2,601 per ton in August 2023, picking up by 9.6% against the previous month. Over the period under review, the import price showed a notable increase. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 152% against the previous month. The import price peaked at $2,848 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Spain ($3,605 per ton), while the price for the Netherlands ($2,141 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Dithionites and Sulphoxylates Exports in Germany
For the third consecutive year, Germany recorded decline in overseas shipments of dithionites and sulphoxylateses, which decreased by -27.7% to 25K tons in 2022. In general, exports faced a sharp decline. The smallest decline of -12.5% was in 2021.
In value terms, dithionites and sulphoxylates exports totaled $73M in 2022. Overall, exports recorded a abrupt curtailment.
Export of Dithionites and Sulphoxylates in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.4 | 8.4 | 8.6 | 10.9 | 13.8% |
Turkey | 11.2 | 7.2 | 6.9 | 9.2 | -6.3% |
Norway | 4.0 | 3.4 | 3.5 | 6.0 | 14.5% |
Pakistan | 9.5 | 7.0 | 4.3 | 4.4 | -22.6% |
China | 3.0 | 4.4 | 5.9 | 4.3 | 12.7% |
France | 3.7 | 2.4 | 2.7 | 3.7 | 0.0% |
Brazil | 8.2 | 4.0 | 3.4 | 3.2 | -26.9% |
Italy | 2.3 | 2.5 | 3.3 | 2.8 | 6.8% |
Bangladesh | 6.9 | 4.4 | 2.8 | 2.8 | -26.0% |
Portugal | 1.2 | 0.9 | 1.1 | 2.2 | 22.4% |
Spain | 1.3 | 1.5 | 1.8 | 2.0 | 15.4% |
United Kingdom | 3.0 | 2.0 | 1.6 | 1.8 | -15.7% |
Thailand | 2.9 | 1.2 | 1.5 | 1.5 | -19.7% |
Others | 31.1 | 19.3 | 22.5 | 18.5 | -15.9% |
Total | 95.7 | 68.7 | 70.0 | 73.5 | -8.4% |
Top Export Markets for Dithionites and Sulphoxylates from Germany in 2022:
- Turkey (3.4K tons)
- United States (3.0K tons)
- Norway (2.3K tons)
- Pakistan (1.7K tons)
- France (1.4K tons)
- Brazil (1.2K tons)
- Bangladesh (1.2K tons)
- Italy (1.0K tons)
- China (1.0K tons)
- Portugal (0.8K tons)
- Thailand (0.7K tons)
- Spain (0.7K tons)
- United Kingdom (0.6K tons)
Dithionites and Sulphoxylates Imports in Germany
In 2022, overseas purchases of dithionites and sulphoxylateses were finally on the rise to reach 8.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decline.
In value terms, dithionites and sulphoxylates imports skyrocketed to $9.4M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +59.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Dithionites and Sulphoxylates in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 4.8 | 4.2 | 3.2 | 4.3 | -3.6% |
India | 0.3 | 0.3 | 1.3 | 2.9 | 113.0% |
Italy | 2.3 | 1.1 | 1.0 | 1.6 | -11.4% |
Others | 0.5 | 0.3 | 0.7 | 0.6 | 6.3% |
Total | 7.8 | 5.9 | 6.1 | 9.4 | 6.4% |
Top Suppliers of Dithionites and Sulphoxylates to Germany in 2022:
- Belgium (6.1K tons)
- Italy (1.2K tons)
- India (1.1K tons)
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