Price for Dithionites and Sulphoxylates; of Sodium in Kuwait - 2021

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Kuwait (CIF) - 2022
  2. Imports of Dithionites and Sulphoxylates; of Sodium in Kuwait

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

The average import price for dithionites and sulphoxylates; of sodia stood at $1,172 per ton in 2022, with a decrease of -14.4% against the previous year. In general, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $2,201 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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 the United Arab Emirates ($31,157 per ton), while the price for Saudi Arabia ($1,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+33.3%), while the prices for the other major suppliers experienced a decline.

Imports of Dithionites and Sulphoxylates; of Sodium in Kuwait

In 2022, dithionites and sulphoxylates; of sodium imports into Kuwait surged to 103 tons, picking up by 130% against the previous year. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 140% against the previous year. As a result, imports attained the peak of 161 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, dithionites and sulphoxylates; of sodium imports surged to $121K in 2022. Over the period under review, imports recorded a strong increase.

Import of Dithionites and Sulphoxylates; of Sodium in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia71.615832.986.26.4%
China3.05.117.517.279.0%
India17.310.54.410.4-15.6%
Others5.95.96.46.63.8%
Total97.818061.11217.4%

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

  1. Saudi Arabia (83.2 tons)
  2. China (13.8 tons)
  3. India (4.8 tons)

Source: IndexBox Market Intelligence Platform

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