Price for Dithionites and Sulphoxylates; of Sodium in the United States - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in the United States (CIF) - 2023
- Price for Dithionites and Sulphoxylates; of Sodium in the United States (FOB) - 2023
- Imports of Dithionites and Sulphoxylates; of Sodium in the United States
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.1 | 7.7 | 8.3 | 11.0 | 10.7% |
India | 2.3 | 1.3 | 1.8 | 3.8 | 18.2% |
China | 1.7 | 0.6 | 1.2 | 2.2 | 9.0% |
Canada | N/A | 0.5 | 0.4 | 0.6 | 9.5% |
South Korea | 0.3 | 0.3 | 0.6 | 0.5 | 18.6% |
Others | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
Total | 12.6 | 10.6 | 12.5 | 18.7 | 14.1% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to the United States in 2022:
- Germany (3.4K tons)
- Canada (2.1K tons)
- India (1.8K tons)
- China (1.4K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 712 | 694 | 924 | 801 | 4.0% |
Mexico | 85.2 | 92.6 | 248 | 250 | 43.2% |
Colombia | 34.6 | 28.3 | 65.4 | 128 | 54.7% |
Netherlands | N/A | N/A | N/A | 53.6 | 0% |
Dominican Republic | N/A | 2.8 | N/A | 43.7 | 295.1% |
Ecuador | 30.8 | 22.9 | 21.1 | 32.2 | 1.5% |
Bahrain | N/A | N/A | N/A | 15.5 | 0% |
United Kingdom | 107 | 3.3 | N/A | 8.3 | -57.4% |
South Korea | 79.2 | 16.4 | N/A | N/A | -79.3% |
Venezuela | 87.4 | N/A | 22.8 | N/A | -48.9% |
Guatemala | 127 | 7.2 | N/A | N/A | -94.3% |
Myanmar | 77.0 | N/A | N/A | N/A | 0% |
Honduras | N/A | N/A | 58.1 | N/A | 0% |
Others | 32.6 | 40.7 | 40.9 | 106 | 48.1% |
Total | 1,373 | 908 | 1,380 | 1,437 | 1.5% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from the United States in 2022:
- Canada (463.8 tons)
- Mexico (155.7 tons)
- Colombia (86.3 tons)
- Netherlands (56.4 tons)
- Dominican Republic (46.0 tons)
- Bahrain (16.3 tons)
- Ecuador (13.8 tons)
- United Kingdom (8.8 tons)
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