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

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Norway (CIF) - 2023
  2. Price for Dithionites and Sulphoxylates; of Sodium in Norway (FOB) - 2022
  3. Imports of Dithionites and Sulphoxylates; of Sodium in Norway
  4. Exports of Dithionites and Sulphoxylates; of Sodium in Norway

Price for Dithionites and Sulphoxylates; of Sodium in Norway (CIF) - 2023

In September 2023, the average import price for dithionites and sulphoxylates; of sodia amounted to $1,895 per ton, which is down by -2.4% against the previous month. In general, the import price saw a perceptible slump. The growth pace was the most rapid in April 2023 when the average import price increased by 6.8% month-to-month. Over the period under review, average import prices attained the maximum at $3,012 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($1,929 per ton), while the price for Italy totaled $1,797 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for dithionites and sulphoxylates; of sodia stood at $1,023 per ton in 2022, declining by -48.5% against the previous year. Overall, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 59% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,270 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($2,080 per ton), while the average price for exports to Italy amounted to $1,021 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.9%).

Imports of Dithionites and Sulphoxylates; of Sodium in Norway

In 2022, the amount of dithionites and sulphoxylates; of sodia imported into Norway was estimated at 2.7K tons, remaining constant against 2021 figures. Over the period under review, imports, however, recorded a noticeable curtailment.

In value terms, dithionites and sulphoxylates; of sodium imports surged to $6.9M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates; of Sodium in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.93.31.86.216.7%
Belgium0.40.50.30.614.5%
Italy0.1N/AN/A0.10.0%
Others0.10.12.2N/A369.0%
Total4.54.04.36.915.3%

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

  1. Germany (2355.0 tons)
  2. Belgium (261.8 tons)
  3. Italy (50.7 tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Norway

Dithionites and sulphoxylates; of sodium exports from Norway skyrocketed to 20 tons in 2022, picking up by 362% compared with the previous year's figure. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates; of sodium exports surged to $20K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Dithionites and Sulphoxylates; of Sodium in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A20.30%
Germany1.11.21.20.1-55.0%
Sweden1.82.94.7N/A61.6%
Others0.81.42.6N/A80.3%
Total3.65.68.620.478.3%

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

  1. Italy (19.9 tons)
  2. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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