Price for Dithionites and Sulphoxylates; of Sodium in Turkey - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Turkey (CIF) - 2023
- Price for Dithionites and Sulphoxylates; of Sodium in Turkey (FOB) - 2023
- Imports of Dithionites and Sulphoxylates; of Sodium in Turkey
- Exports of Dithionites and Sulphoxylates; of Sodium in Turkey
Price for Dithionites and Sulphoxylates; of Sodium in Turkey (CIF) - 2023
The average import price for dithionites and sulphoxylates; of sodia stood at $1,588 per ton in September 2023, falling by -11.3% against the previous month. Overall, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 15% against the previous month. The import price peaked at $2,380 per ton in November 2022; however, from December 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 India ($2,317 per ton), while the price for China ($1,011 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 (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Dithionites and Sulphoxylates; of Sodium in Turkey (FOB) - 2023
The average export price for dithionites and sulphoxylates; of sodia stood at $3,739 per ton in September 2023, jumping by 64% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $3,887 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Iran ($4,172 per ton), while the average price for exports to Egypt ($965 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 Uzbekistan (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dithionites and Sulphoxylates; of Sodium in Turkey
In 2022, approx. 22K tons of dithionites and sulphoxylates; of sodia were imported into Turkey; rising by 32% on the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +60.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dithionites and sulphoxylates; of sodium imports soared to $47M in 2022. Overall, imports showed a strong increase. 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.6 | 10.5 | 13.9 | 22.3 | 24.3% |
| China | 3.6 | 2.6 | 3.0 | 14.2 | 58.0% |
| Germany | 11.4 | 6.4 | 6.5 | 6.5 | -17.1% |
| Italy | 3.9 | 3.1 | 1.6 | 2.6 | -12.6% |
| Belgium | 1.4 | 1.6 | 1.6 | 0.8 | -17.0% |
| Others | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Total | 32.0 | 24.3 | 26.7 | 46.7 | 13.4% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Turkey in 2022:
- India (8.9K tons)
- China (7.7K tons)
- Germany (3.7K tons)
- Italy (1.0K tons)
- Belgium (0.3K tons)
Exports of Dithionites and Sulphoxylates; of Sodium in Turkey
After three years of growth, shipments abroad of dithionites and sulphoxylates; of sodia decreased by -24.3% to 1.2K tons in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 2%.
In value terms, dithionites and sulphoxylates; of sodium exports rose modestly to $4.1M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Dithionites and Sulphoxylates; of Sodium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 854 | 869 | 1,057 | 1,115 | 9.3% |
| Iran | 1,682 | 1,204 | 1,038 | 1,024 | -15.2% |
| Pakistan | 151 | 284 | 752 | 557 | 54.5% |
| Egypt | 119 | 117 | 383 | 418 | 52.0% |
| Uzbekistan | 217 | 178 | 481 | 244 | 4.0% |
| Turkmenistan | 103 | 53.1 | 18.7 | 176 | 19.6% |
| Tunisia | N/A | 1.9 | 2.8 | 136 | 746.0% |
| Algeria | 46.2 | 921 | N/A | N/A | 1893.5% |
| Others | 88.9 | 142 | 207 | 413 | 66.9% |
| Total | 3,262 | 3,770 | 3,939 | 4,082 | 7.8% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Turkey in 2022:
- Iran (312.5 tons)
- Bangladesh (272.2 tons)
- Pakistan (164.2 tons)
- Egypt (123.1 tons)
- Uzbekistan (77.8 tons)
- Turkmenistan (67.9 tons)
- Tunisia (32.3 tons)
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