Price for Dithionites and Sulphoxylates; of Sodium in the United States - 2023

Contents:

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

Price for Dithionites and Sulphoxylates; of Sodium in the United States (CIF) - 2023

The average import price for dithionites and sulphoxylates; of sodia stood at $2,022 per ton in September 2023, growing by 52% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 90% m-o-m. The import price peaked at $3,335 per ton in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,295 per ton), while the price for Canada ($270 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 India (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Dithionites and Sulphoxylates; of Sodium in the United States (FOB) - 2023

In September 2023, the average export price for dithionites and sulphoxylates; of sodia amounted to $2,062 per ton, with a decrease of -68.5% against the previous month. Over the period under review, the export price, however, saw a mild expansion. The pace of growth appeared the most rapid in June 2023 an increase of 249% m-o-m. The export price peaked at $6,541 per ton in August 2023, and then reduced notably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($3,976 per ton), while the average price for exports to Venezuela ($950 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dithionites and Sulphoxylates; of Sodium in the United States

In 2022, approx. 9.1K tons of dithionites and sulphoxylates; of sodia were imported into the United States; growing by 15% on 2021 figures. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed 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 skyrocketed to $19M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +77.3% against 2020 indices. 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.17.78.311.010.7%
India2.31.31.83.818.2%
China1.70.61.22.29.0%
CanadaN/A0.50.40.69.5%
South Korea0.30.30.60.518.6%
Others0.20.20.30.644.2%
Total12.610.612.518.714.1%

Top Suppliers of Dithionites and Sulphoxylates; of Sodium to the United States in 2022:

  1. Germany (3.4K tons)
  2. Canada (2.1K tons)
  3. India (1.8K tons)
  4. China (1.4K tons)
  5. South Korea (0.2K tons)

Exports of Dithionites and Sulphoxylates; of Sodium in the United States

Dithionites and sulphoxylates; of sodium exports from the United States expanded remarkably to 862 tons in 2022, surging by 8.5% against 2021. Overall, exports, however, showed a slight decrease. The pace of growth was the most pronounced in 2021 when exports increased by 44%.

In value terms, dithionites and sulphoxylates; of sodium exports rose modestly to $1.4M in 2022. In general, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Dithionites and Sulphoxylates; of Sodium in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada7126949248014.0%
Mexico85.292.624825043.2%
Colombia34.628.365.412854.7%
NetherlandsN/AN/AN/A53.60%
Dominican RepublicN/A2.8N/A43.7295.1%
Ecuador30.822.921.132.21.5%
BahrainN/AN/AN/A15.50%
United Kingdom1073.3N/A8.3-57.4%
South Korea79.216.4N/AN/A-79.3%
Venezuela87.4N/A22.8N/A-48.9%
Guatemala1277.2N/AN/A-94.3%
Myanmar77.0N/AN/AN/A0%
HondurasN/AN/A58.1N/A0%
Others32.640.740.910648.1%
Total1,3739081,3801,4371.5%

Top Export Markets for Dithionites and Sulphoxylates; of Sodium from the United States in 2022:

  1. Canada (463.8 tons)
  2. Mexico (155.7 tons)
  3. Colombia (86.3 tons)
  4. Netherlands (56.4 tons)
  5. Dominican Republic (46.0 tons)
  6. Bahrain (16.3 tons)
  7. Ecuador (13.8 tons)
  8. United Kingdom (8.8 tons)

Source: IndexBox Market Intelligence Platform

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