Price for Dithionites and Sulphoxylates; of Sodium in Switzerland - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Switzerland (CIF) - 2023
- Price for Dithionites and Sulphoxylates; of Sodium in Switzerland (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in Switzerland
- Exports of Dithionites and Sulphoxylates; of Sodium in Switzerland
Price for Dithionites and Sulphoxylates; of Sodium in Switzerland (CIF) - 2023
In September 2023, the average import price for dithionites and sulphoxylates; of sodia amounted to $4,266 per ton, with an increase of 23% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 32% m-o-m. Over the period under review, average import prices reached the maximum in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,568 per ton), while the price for India ($1,696 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 Germany (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Dithionites and Sulphoxylates; of Sodium in Switzerland (FOB) - 2022
The average export price for dithionites and sulphoxylates; of sodia stood at $4,030 per ton in 2022, jumping by 17% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.2% 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 export price increased by +12.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
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 Bangladesh ($7,471 per ton), while the average price for exports to Germany ($2,604 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 Algeria (+477.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dithionites and Sulphoxylates; of Sodium in Switzerland
Dithionites and sulphoxylates; of sodium imports into Switzerland skyrocketed to 740 tons in 2022, rising by 24% against the previous year. Overall, imports posted prominent growth. The growth pace was the most rapid in 2021 when imports increased by 97% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, dithionites and sulphoxylates; of sodium imports skyrocketed to $2.1M in 2022. In general, imports continue to indicate strong growth. 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 Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 497 | 651 | 636 | 912 | 22.4% |
Belgium | 252 | 292 | 355 | 662 | 38.0% |
India | 382 | 98.8 | 188 | 242 | -14.1% |
Italy | 112 | 37.8 | 33.7 | 108 | -1.2% |
China | N/A | N/A | N/A | 92.8 | 0% |
Others | 59.0 | 59.2 | 63.0 | 77.7 | 9.6% |
Total | 1,302 | 1,138 | 1,275 | 2,094 | 17.2% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Switzerland in 2022:
- Belgium (285.6 tons)
- Germany (261.1 tons)
- India (99.8 tons)
- China (36.6 tons)
- Italy (36.2 tons)
Exports of Dithionites and Sulphoxylates; of Sodium in Switzerland
In 2022, approx. 170 tons of dithionites and sulphoxylates; of sodia were exported from Switzerland; with a decrease of -33% against 2021 figures. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 33%.
In value terms, dithionites and sulphoxylates; of sodium exports contracted dramatically to $686K in 2022. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 39%.
Export of Dithionites and Sulphoxylates; of Sodium in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.0 | 44.2 | 85.8 | 147 | 265.9% |
Colombia | 78.0 | 120 | 136 | 115 | 13.8% |
Austria | 155 | 177 | 249 | 83.0 | -18.8% |
Bangladesh | 123 | 157 | 155 | 76.2 | -14.8% |
Mexico | N/A | N/A | N/A | 62.3 | 0% |
Poland | N/A | 3.7 | 35.6 | 61.7 | 308.4% |
Mauritius | N/A | 45.9 | 66.4 | 42.7 | -3.5% |
Turkey | 0.6 | 10.2 | 40.8 | 35.0 | 287.8% |
Algeria | 717 | N/A | 3.2 | N/A | -93.3% |
Others | 63.8 | 69.1 | 101 | 63.1 | -0.4% |
Total | 1,140 | 628 | 873 | 686 | -15.6% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Switzerland in 2022:
- Germany (56.5 tons)
- Colombia (20.8 tons)
- Austria (20.5 tons)
- Poland (16.9 tons)
- Mexico (11.0 tons)
- Mauritius (10.5 tons)
- Bangladesh (10.2 tons)
- Turkey (10.0 tons)
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