Price for Dithionites and Sulphoxylates; Other than Sodium in Germany - 2023

Contents:

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

Price for Dithionites and Sulphoxylates; Other than Sodium in Germany (FOB) - 2022

In 2022, the average export price for dithionites and sulphoxylates; other than sodia amounted to $7,626 per ton, with an increase of 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2016 an increase of 28%. As a result, the export price reached the peak level of $8,026 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($8,874 per ton) and China ($8,135 per ton), while the average price for exports to Colombia ($6,049 per ton) and Spain ($6,366 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Dithionites and Sulphoxylates; Other than Sodium in Germany (CIF) - 2022

In 2022, the average import price for dithionites and sulphoxylates; other than sodia amounted to $5,677 per ton, surging by 13% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dithionites and sulphoxylates; other than sodia decreased by -5.1% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 48%. The import price peaked at $5,982 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($6,006 per ton), while the price for India ($4,294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.7%), while the prices for the other major suppliers experienced a decline.

Exports of Dithionites and Sulphoxylates; Other than Sodium in Germany

Exports of dithionites and sulphoxylates; other than sodia from Germany rose notably to 39 tons in 2022, with an increase of 12% against the year before. In general, total exports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of dithionites and sulphoxylates; other than sodia soared to $295K in 2022. Over the period under review, total exports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Dithionites and Sulphoxylates; Other than Sodium in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A19.553.489.5114.2%
Portugal8.626.942.446.675.6%
Colombia10.26.223.038.355.4%
Hong Kong SARN/AN/AN/A35.50%
Mauritius43.539.213.231.2-10.5%
Greece21.915.923.017.3-7.6%
Switzerland11.76.014.912.31.7%
Mexico14.418.814.88.6-15.8%
Italy11.53.349.13.3-34.0%
Spain7.8N/AN/A3.2-25.7%
Japan19.2N/AN/AN/A0%
Bangladesh61.119.4N/AN/A-68.2%
Brazil27.33.6N/AN/A-86.8%
Others22.313.121.09.8-24.0%
Total2601722552954.3%

Top Export Markets for Dithionites and Sulphoxylates; Other than Sodium from Germany in 2022:

  1. China (11.0 tons)
  2. Colombia (6.3 tons)
  3. Portugal (6.1 tons)
  4. Mauritius (4.4 tons)
  5. Hong Kong SAR (4.0 tons)
  6. Greece (2.3 tons)
  7. Switzerland (1.7 tons)
  8. Mexico (0.8 tons)
  9. Italy (0.5 tons)
  10. Spain (0.5 tons)

Imports of Dithionites and Sulphoxylates; Other than Sodium in Germany

In 2022, approx. 25 tons of dithionites and sulphoxylates; other than sodia were imported into Germany; waning by -18.7% against the year before. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 3.4% against the previous year.

In value terms, imports of dithionites and sulphoxylates; other than sodia declined to $144K in 2022. Over the period under review, imports recorded a pronounced decline. The growth pace was the most rapid in 2020 with an increase of 11%. As a result, imports reached the peak of $181K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Dithionites and Sulphoxylates; Other than Sodium in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.581.7119125530.0%
Spain14539.311.616.8-51.2%
India14.559.827.12.8-42.2%
Others3.30.20.2N/A-75.4%
Total163181158144-4.0%

Top Suppliers of Dithionites and Sulphoxylates; Other than Sodium to Germany in 2022:

  1. Belgium (22.0 tons)
  2. Spain (2.8 tons)
  3. India (0.6 tons)

Source: IndexBox Market Intelligence Platform

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