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

Contents:

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

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

In 2022, the average import price for dithionites and sulphoxylates; of sodia amounted to $3,267 per ton, falling by -5.7% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 56%. Over the period under review, average import prices attained the peak figure at $3,464 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($9,194 per ton), while the price for Belgium ($2,087 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $1,856 per ton, growing by 1.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 30%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($2,179 per ton), while the average price for exports to Russia stood at $1,837 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dithionites and Sulphoxylates; of Sodium in Finland

In 2022, overseas purchases of dithionites and sulphoxylates; of sodia increased by 67% to 105 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $345K in 2022. Overall, imports recorded 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 Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium88.972.838.117725.8%
Germany90.111215016422.1%
ItalyN/AN/A29.2N/A0%
Others3.10.71.74.08.9%
Total18218621934523.8%

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

  1. Belgium (84.6 tons)
  2. Germany (19.7 tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Finland

For the third year in a row, Finland recorded decline in overseas shipments of dithionites and sulphoxylates; of sodia, which decreased by -38.3% to 2.7 tons in 2022. Overall, exports continue to indicate a dramatic setback. The smallest decline of -14% was in 2021.

In value terms, dithionites and sulphoxylates; of sodium exports dropped notably to $5K in 2022. In general, exports showed a sharp reduction. The smallest decline of -3.7% was in 2021.

Export of Dithionites and Sulphoxylates; of Sodium in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.15.06.84.6-3.4%
Estonia17.82.41.00.3-74.4%
SwedenN/A0.80.1N/A-87.5%
OthersN/AN/AN/AN/A0%
Total22.88.27.95.0-39.7%

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

  1. Russia (2.5 tons)
  2. Estonia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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