Price for Dithionites and Sulphoxylates; of Sodium in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for dithionites and sulphoxylates; of sodia amounted to $2,074 per ton, increasing by 64% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% 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; of sodium import price increased by +131.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($4,112 per ton), while the price for Belgium ($1,167 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for dithionites and sulphoxylates; of sodia stood at $3,778 per ton in 2022, which is down by -7.6% against the previous year. Over the period under review, the export price, however, saw a strong expansion. The growth pace was the most rapid in 2020 when the average export price increased by 73%. Over the period under review, the average export prices reached the peak figure at $4,088 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($7,132 per ton), while the average price for exports to Thailand ($1,361 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 Mauritius (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dithionites and Sulphoxylates; of Sodium in Indonesia

Dithionites and sulphoxylates; of sodium imports into Indonesia surged to 9.1K tons in 2022, rising by 17% compared with 2021. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat 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 $19M in 2022. Overall, imports posted a significant expansion. 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 Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.84.56.913.833.5%
India1.10.80.71.510.9%
Germany1.00.60.70.8-7.2%
South Korea0.40.40.40.720.5%
Hong Kong SARN/A0.20.20.322.5%
Belgium0.3N/AN/A0.2-12.6%
Others0.20.31.01.595.7%
Total8.76.79.818.829.3%

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

  1. China (7.2K tons)
  2. India (0.6K tons)
  3. South Korea (0.3K tons)
  4. Hong Kong SAR (0.3K tons)
  5. Germany (0.2K tons)
  6. Belgium (0.2K tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Indonesia

In 2022, after two years of decline, there was significant growth in shipments abroad of dithionites and sulphoxylates; of sodia, when their volume increased by 209% to 2.5 tons. Over the period under review, exports, however, saw a precipitous decline.

In value terms, dithionites and sulphoxylates; of sodium exports skyrocketed to $9.4K in 2022. Overall, exports, however, showed a significant decline.

Export of Dithionites and Sulphoxylates; of Sodium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam23.10.90.15.2-39.2%
Singapore9.60.4N/A2.6-35.3%
Thailand2.40.1N/A0.7-33.7%
Malaysia3.60.1N/A0.6-45.0%
ChinaN/AN/AN/A0.20%
Somalia4.5N/AN/AN/A0%
ZambiaN/A13.83.1N/A-77.5%
OthersN/A0.10.1N/A0.0%
Total43.215.43.39.4-39.9%

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

  1. Vietnam (1366.0 kg)
  2. Thailand (520.0 kg)
  3. Singapore (368.0 kg)
  4. China (133.0 kg)
  5. Malaysia (92.0 kg)

Source: IndexBox Market Intelligence Platform

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