Price for Dithionites and Sulphoxylates; of Sodium in Bulgaria - 2023

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Bulgaria (CIF) - 2022
  2. Price for Dithionites and Sulphoxylates; of Sodium in Bulgaria (FOB) - 2022
  3. Imports of Dithionites and Sulphoxylates; of Sodium in Bulgaria
  4. Exports of Dithionites and Sulphoxylates; of Sodium in Bulgaria

Price for Dithionites and Sulphoxylates; of Sodium in Bulgaria (CIF) - 2022

The average import price for dithionites and sulphoxylates; of sodia stood at $1,981 per ton in 2022, rising by 18% against the previous year. Over the period under review, the import price saw modest growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,943 per ton), while the price for Italy ($1,562 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Dithionites and Sulphoxylates; of Sodium in Bulgaria (FOB) - 2022

The average export price for dithionites and sulphoxylates; of sodia stood at $1,677 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, showed a noticeable contraction. Over the period under review, the average export prices reached the peak figure at $2,104 per ton in 2012; however, from 2013 to 2022, 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to -16.2% per year.

Imports of Dithionites and Sulphoxylates; of Sodium in Bulgaria

Dithionites and sulphoxylates; of sodium imports into Bulgaria surged to 687 tons in 2022, increasing by 239% against 2021. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates; of sodium imports skyrocketed to $1.4M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates; of Sodium in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.519.1101963429.1%
Italy19125923033420.5%
Turkey1.40.90.858.8247.6%
Others9.711.57.65.0-19.8%
Total2092913401,36186.7%

Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Bulgaria in 2022:

  1. Germany (457.5 tons)
  2. Italy (213.7 tons)
  3. Turkey (14.9 tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Bulgaria

In 2022, the amount of dithionites and sulphoxylates; of sodia exported from Bulgaria shrank markedly to 7.7 tons, falling by -50% on the previous year's figure. In general, exports continue to indicate a precipitous curtailment.

In value terms, dithionites and sulphoxylates; of sodium exports reduced sharply to $13K in 2022. Overall, exports recorded a dramatic curtailment.

Export of Dithionites and Sulphoxylates; of Sodium in Bulgaria (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United StatesN/A12.70%
Italy7.6N/A0%
El Salvador17.6N/A0%
Others0.40.1-75.0%
Total25.712.8-50.2%

Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Bulgaria in 2022:

  1. United States (7.6 tons)

Source: IndexBox Market Intelligence Platform

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