Dithionites and Sulphoxylates Price in Pakistan - 2023
Contents:
- Dithionites and Sulphoxylates Price in Pakistan (CIF) - 2023
- Dithionites and Sulphoxylates Price in Pakistan (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Pakistan
- Dithionites and Sulphoxylates Exports in Pakistan
Dithionites and Sulphoxylates Price in Pakistan (CIF) - 2023
The average dithionites and sulphoxylates import price stood at $1,225 per ton in April 2023, which is down by -31.3% against the previous month. Over the period under review, the import price saw a noticeable decline. The growth pace was the most rapid in March 2023 an increase of 26% m-o-m. The import price peaked at $2,052 per ton in April 2022; however, from May 2022 to April 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,284 per ton), while the price for Belgium ($981 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.1%), while the prices for the other major suppliers experienced a decline.
Dithionites and Sulphoxylates Price in Pakistan (FOB) - 2022
In 2021, the average dithionites and sulphoxylates export price amounted to $768 per ton, declining by -8% against the previous year. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 228% against the previous year. The export price peaked at $2,337 per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Tajikistan.
From 2012 to 2021, the rate of growth in terms of prices for Afghanistan amounted to +25.2% per year.
Dithionites and Sulphoxylates Imports in Pakistan
In 2022, the amount of dithionites and sulphoxylateses imported into Pakistan skyrocketed to 18K tons, growing by 19% against the previous year's figure. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +68.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, dithionites and sulphoxylates imports skyrocketed to $30M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +77.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dithionites and Sulphoxylates in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.9 | 10.3 | 16.5 | 21.4 | 29.3% |
| Germany | 5.6 | 3.2 | 2.7 | 5.4 | -1.2% |
| Belgium | 0.3 | 0.4 | 0.9 | 1.6 | 74.7% |
| South Korea | 0.5 | 0.6 | 0.6 | 0.4 | -7.2% |
| India | 4.4 | 1.9 | 0.1 | 0.1 | -71.7% |
| Others | 0.4 | 0.4 | 0.7 | 0.9 | 31.0% |
| Total | 21.0 | 16.8 | 21.4 | 29.9 | 12.5% |
Top Suppliers of Dithionites and Sulphoxylates to Pakistan in 2022:
- India (undefinedK tons)
- China (13.2K tons)
- Germany (4.1K tons)
- Belgium (0.5K tons)
- South Korea (0.2K tons)
Dithionites and Sulphoxylates Exports in Pakistan
In 2021, approx. 6.1 tons of dithionites and sulphoxylateses were exported from Pakistan; rising by 91% on 2020 figures. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,044% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.
In value terms, dithionites and sulphoxylates exports surged to $4.7K in 2021. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 315% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.
| Export of Dithionites and Sulphoxylates in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Tajikistan | N/A | N/A | 4.7 | 0% | |
| Indonesia | 0.6 | N/A | N/A | 0% | |
| Afghanistan | N/A | 2.7 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.6 | 2.7 | 4.7 | 179.9% | |
Top Export Markets for Dithionites and Sulphoxylates from Pakistan in 2022:
- Tajikistan (6.1 tons)
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