Price for Dithionites and Sulphoxylates; of Sodium in Canada - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Canada (FOB) - 2022
- Price for Dithionites and Sulphoxylates; of Sodium in Canada (CIF) - 2023
- Exports of Dithionites and Sulphoxylates; of Sodium in Canada
- Imports of Dithionites and Sulphoxylates; of Sodium in Canada
Price for Dithionites and Sulphoxylates; of Sodium in Canada (FOB) - 2022
In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $610 per ton, picking up by 5.5% against the previous year. Overall, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 103% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($927 per ton), while the average price for exports to the United States amounted to $603 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.2%).
Price for Dithionites and Sulphoxylates; of Sodium in Canada (CIF) - 2023
The average import price for dithionites and sulphoxylates; of sodia stood at $2,446 per ton in September 2023, with a decrease of -42.7% against the previous month. Over the period under review, the import price recorded a mild decline. The pace of growth appeared the most rapid in October 2022 an increase of 152% against the previous month. As a result, import price reached the peak level of $7,389 per ton. From November 2022 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United States ($7,627 per ton), while the price for Germany ($2,247 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced a decline.
Exports of Dithionites and Sulphoxylates; of Sodium in Canada
In 2022, dithionites and sulphoxylates; of sodium exports from Canada soared to 2.5K tons, jumping by 36% on the year before. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 3,874%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, dithionites and sulphoxylates; of sodium exports soared to $1.5M in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 4,159%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Dithionites and Sulphoxylates; of Sodium in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.1 | 517 | 675 | 1,489 | 397.4% |
| Belgium | N/A | N/A | 403 | 52.2 | -87.0% |
| Others | N/A | N/A | N/A | 1.2 | 0% |
| Total | 12.1 | 517 | 1,078 | 1,543 | 403.3% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Canada in 2022:
- United States (2469.4 tons)
- Belgium (56.3 tons)
Imports of Dithionites and Sulphoxylates; of Sodium in Canada
After two years of decline, purchases abroad of dithionites and sulphoxylates; of sodia increased by 11% to 786 tons in 2022. Overall, imports, however, recorded a deep downturn.
In value terms, dithionites and sulphoxylates; of sodium imports soared to $1.6M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 259 | 326 | 468 | 884 | 50.6% |
| United States | 358 | 317 | 497 | 305 | -5.2% |
| Belgium | 248 | 531 | 31.7 | 294 | 5.8% |
| India | 174 | 40.3 | 53.9 | 90.4 | -19.6% |
| China | 318 | 110 | 27.4 | 4.1 | -76.6% |
| Others | 31.7 | 31.3 | N/A | N/A | -1.3% |
| Total | 1,388 | 1,356 | 1,078 | 1,577 | 4.3% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Canada in 2022:
- Germany (300.7 tons)
- United States (281.1 tons)
- Belgium (183.0 tons)
- India (20.4 tons)
- China (0.6 tons)
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