Dithionites and Sulphoxylates Price in Sri Lanka - 2021
Contents:
- Dithionites and Sulphoxylates Price in Sri Lanka (CIF) - 2022
- Dithionites and Sulphoxylates Price in Sri Lanka (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Sri Lanka
- Dithionites and Sulphoxylates Exports in Sri Lanka
Dithionites and Sulphoxylates Price in Sri Lanka (CIF) - 2022
The average dithionites and sulphoxylates import price stood at $1,957 per ton in 2022, with an increase of 40% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +50.3% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($4,915 per ton), while the price for China ($1,518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Dithionites and Sulphoxylates Price in Sri Lanka (FOB) - 2022
In 2022, the average dithionites and sulphoxylates export price amounted to $3,326 per ton, with an increase of 49% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +9.0% 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 export price increased by +136.1% against 2012 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($6,865 per ton), while the average price for exports to Bangladesh ($1,518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+36.0%), while the prices for the other major destinations experienced mixed trend patterns.
Dithionites and Sulphoxylates Imports in Sri Lanka
After three years of growth, purchases abroad of dithionites and sulphoxylateses decreased by -31.5% to 896 tons in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports reached the peak of 1.3K tons, and then dropped dramatically in the following year.
In value terms, dithionites and sulphoxylates imports contracted slightly to $1.8M in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year. As a result, imports attained the peak of $1.8M, and then declined slightly in the following year.
| Import of Dithionites and Sulphoxylates in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 165 | 339 | 533 | 868 | 73.9% |
| India | 81.3 | 148 | 421 | 593 | 93.9% |
| Belgium | 262 | 193 | 230 | 200 | -8.6% |
| Hong Kong SAR | 0.5 | 1.2 | 9.4 | 78.0 | 438.3% |
| Germany | 26.2 | 38.8 | 46.0 | 12.0 | -22.9% |
| South Korea | 33.4 | 42.7 | 85.4 | N/A | 59.9% |
| Others | 243 | 189 | 500 | 2.0 | -79.8% |
| Total | 812 | 952 | 1,825 | 1,753 | 29.2% |
Top Suppliers of Dithionites and Sulphoxylates to Sri Lanka in 2022:
- China (571.8 tons)
- India (233.6 tons)
- Belgium (68.4 tons)
- Hong Kong SAR (15.9 tons)
- Germany (5.4 tons)
Dithionites and Sulphoxylates Exports in Sri Lanka
In 2022, approx. 15 tons of dithionites and sulphoxylateses were exported from Sri Lanka; jumping by 144% against the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, dithionites and sulphoxylates exports skyrocketed to $50K in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Dithionites and Sulphoxylates in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.3 | 0.8 | 1.1 | 35.0 | 199.7% |
| Bangladesh | N/A | 6.4 | 12.6 | 11.5 | 34.0% |
| Indonesia | N/A | N/A | 0.1 | 3.6 | 3500.0% |
| Germany | 1.2 | N/A | N/A | N/A | 0% |
| Others | 1.2 | N/A | N/A | N/A | 0% |
| Total | 3.8 | 7.2 | 13.8 | 50.2 | 136.4% |
Top Export Markets for Dithionites and Sulphoxylates from Sri Lanka in 2022:
- Bangladesh (7.6 tons)
- India (5.1 tons)
- Indonesia (2.4 tons)
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