Dithionites and Sulphoxylates Price in Malaysia - 2021

Contents:

  1. Dithionites and Sulphoxylates Price in Malaysia (CIF) - 2021
  2. Dithionites and Sulphoxylates Price in Malaysia (FOB) - 2022
  3. Dithionites and Sulphoxylates Imports in Malaysia
  4. Dithionites and Sulphoxylates Exports in Malaysia

Dithionites and Sulphoxylates Price in Malaysia (CIF) - 2021

The average dithionites and sulphoxylates import price stood at $1,924 per ton in December 2021, with an increase of 24% against the previous month. Overall, the import price saw a moderate increase. The most prominent rate of growth was recorded in January 2021 an increase of 276% against the previous month. The import price peaked at $4,318 per ton in March 2021; however, from April 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,572 per ton), while the price for China ($1,590 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in Malaysia (FOB) - 2022

The average dithionites and sulphoxylates export price stood at $2,516 per ton in 2022, surging by 64% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 71%. The export price peaked at $2,677 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Bangladesh ($2,988 per ton), while the average price for exports to Singapore stood at $821 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+26.7%), while the prices for the other major destinations experienced mixed trend patterns.

Dithionites and Sulphoxylates Imports in Malaysia

Dithionites and sulphoxylates imports into Malaysia dropped to 1.4K tons in 2022, falling by -7% on 2021 figures. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year.

In value terms, dithionites and sulphoxylates imports shrank to $3.1M in 2022. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $3.3M, and then dropped in the following year.

Import of Dithionites and Sulphoxylates in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1318291,3621,2844.3%
Germany1,3221,2921,1941,180-3.7%
Taiwan (Chinese)362307312304-5.7%
Japan198177170169-5.1%
India168180113143-5.2%
Netherlands84.5N/A112N/A15.1%
Others27.628.784.6N/A75.1%
Total3,2932,8133,3463,079-2.2%

Top Suppliers of Dithionites and Sulphoxylates to Malaysia in 2022:

  1. China (997.8 tons)
  2. Germany (147.0 tons)
  3. Taiwan (Chinese) (118.3 tons)
  4. Japan (73.9 tons)
  5. India (73.1 tons)

Dithionites and Sulphoxylates Exports in Malaysia

Dithionites and sulphoxylates exports from Malaysia skyrocketed to 22 tons in 2022, with an increase of 173% against 2021 figures. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,192%. As a result, the exports attained the peak of 38 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, dithionites and sulphoxylates exports soared to $55K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 2,110%. As a result, the exports reached the peak of $98K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Dithionites and Sulphoxylates in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh2.192.38.851.3190.2%
Singapore0.23.33.53.9169.2%
Others2.12.4N/AN/A14.3%
Total4.498.112.455.2132.4%

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

  1. Bangladesh (17.2 tons)
  2. Singapore (4.8 tons)

Source: IndexBox Market Intelligence Platform

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