Dithionites and Sulphoxylates Price in the UK - 2023
Contents:
- Dithionites and Sulphoxylates Price in the UK (CIF) - 2023
- Dithionites and Sulphoxylates Price in the UK (FOB) - 2022
- Dithionites and Sulphoxylates Imports in the UK
- Dithionites and Sulphoxylates Exports in the UK
Dithionites and Sulphoxylates Price in the UK (CIF) - 2023
The average dithionites and sulphoxylates import price stood at $2,650 per ton in August 2023, remaining stable against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in June 2023 an increase of 38% m-o-m. As a result, import price attained the peak level of $3,641 per ton. From July 2023 to August 2023, the average 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 Germany ($3,307 per ton), while the price for Italy ($1,987 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 Italy (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Dithionites and Sulphoxylates Price in the UK (FOB) - 2022
The average dithionites and sulphoxylates export price stood at $4,439 per ton in 2022, growing by 2.4% against the previous year. Overall, the export price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2019 an increase of 82%. The export price peaked at $5,068 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($12,302 per ton), while the average price for exports to Germany ($1,538 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 France (+11.9%), while the prices for the other major destinations experienced a decline.
Dithionites and Sulphoxylates Imports in the UK
In 2022, supplies from abroad of dithionites and sulphoxylateses increased by 54% to 2.3K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a mild slump.
In value terms, dithionites and sulphoxylates imports soared to $5.4M in 2022. Overall, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dithionites and Sulphoxylates in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.3 | 0.3 | 0.4 | 2.8 | 110.5% |
| Germany | 3.2 | 2.1 | 2.1 | 1.9 | -16.0% |
| Italy | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Others | 0.1 | N/A | 0.4 | 0.2 | 26.0% |
| Total | 3.7 | 2.6 | 3.0 | 5.4 | 13.4% |
Top Suppliers of Dithionites and Sulphoxylates to the UK in 2022:
- Belgium (1508.0 tons)
- Germany (519.4 tons)
- Italy (205.5 tons)
Dithionites and Sulphoxylates Exports in the UK
In 2022, approx. 24 tons of dithionites and sulphoxylateses were exported from the UK; waning by -52.6% against the year before. In general, exports showed a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 95% against the previous year. As a result, the exports attained the peak of 51 tons, and then contracted remarkably in the following year.
In value terms, dithionites and sulphoxylates exports shrank sharply to $107K in 2022. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. As a result, the exports reached the peak of $221K, and then fell markedly in the following year.
| Export of Dithionites and Sulphoxylates in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | 15.4 | 53.1 | 16.2 | 84.0% |
| Italy | N/A | 0.2 | 23.7 | 15.3 | 774.6% |
| Belgium | 3.1 | 3.3 | 31.8 | 13.7 | 64.1% |
| Sweden | 0.9 | 4.7 | N/A | 11.0 | 130.3% |
| Bangladesh | 1.8 | 7.6 | 35.4 | 10.7 | 81.1% |
| Germany | 11.7 | 1.6 | 7.6 | 9.8 | -5.7% |
| France | N/A | 0.2 | 17.4 | 6.2 | 456.8% |
| Japan | 36.8 | N/A | N/A | N/A | 0% |
| Ireland | 11.0 | 16.6 | 4.0 | N/A | -39.7% |
| China | 60.4 | N/A | 1.4 | N/A | -84.8% |
| Australia | 24.5 | 31.6 | N/A | N/A | 29.0% |
| Others | 33.8 | 20.2 | 46.2 | 24.2 | -10.5% |
| Total | 187 | 101 | 221 | 107 | -17.0% |
Top Export Markets for Dithionites and Sulphoxylates from the UK in 2022:
- Germany (6.4 tons)
- Belgium (5.7 tons)
- Italy (5.6 tons)
- United States (3.0 tons)
- Bangladesh (1.5 tons)
- Sweden (0.9 tons)
- France (0.5 tons)
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