Price for Dithionites and Sulphoxylates; Other than Sodium in India - 2023
Contents:
- Price for Dithionites and Sulphoxylates; Other than Sodium in India (FOB) - 2023
- Price for Dithionites and Sulphoxylates; Other than Sodium in India (CIF) - 2022
- Exports of Dithionites and Sulphoxylates; Other than Sodium in India
- Imports of Dithionites and Sulphoxylates; Other than Sodium in India
Price for Dithionites and Sulphoxylates; Other than Sodium in India (FOB) - 2023
The average export price for dithionites and sulphoxylates; other than sodia stood at $3,790 per ton in October 2023, reducing by -8.6% against the previous month. Overall, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in July 2023 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices reached the peak figure at $4,599 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Japan ($5,441 per ton), while the average price for exports to China ($3,541 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Dithionites and Sulphoxylates; Other than Sodium in India (CIF) - 2022
The average import price for dithionites and sulphoxylates; other than sodia stood at $3,611 per ton in 2022, which is down by -39.9% against the previous year. In general, the import price continues to indicate a pronounced decline. The growth pace was the most rapid in 2020 an increase of 55% against the previous year. The import price peaked at $13,320 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +48.5% per year.
Exports of Dithionites and Sulphoxylates; Other than Sodium in India
Exports of dithionites and sulphoxylates; other than sodia from India dropped significantly to 1.1K tons in 2022, which is down by -28% on the year before. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports reached the peak of 1.5K tons, and then fell remarkably in the following year.
In value terms, exports of dithionites and sulphoxylates; other than sodia contracted dramatically to $4.6M in 2022. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 34%. As a result, the exports reached the peak of $5.9M, and then fell markedly in the following year.
| Export of Dithionites and Sulphoxylates; Other than Sodium in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,348 | 2,375 | 2,568 | 2,026 | -4.8% |
| Indonesia | 225 | 133 | 283 | 573 | 36.6% |
| Turkey | 1,013 | 740 | 1,214 | 489 | -21.6% |
| Spain | 348 | 374 | 192 | 270 | -8.1% |
| Belgium | 81.2 | 23.6 | 87.0 | 195 | 33.9% |
| Portugal | 58.4 | N/A | 17.3 | 182 | 46.1% |
| South Korea | 421 | 128 | 334 | 155 | -28.3% |
| Bangladesh | 0.4 | 104 | 196 | 140 | 604.7% |
| Sri Lanka | 32.6 | 111 | 170 | 138 | 61.8% |
| United States | 610 | 69.5 | 224 | 87.9 | -47.6% |
| Others | 472 | 360 | 616 | 347 | -9.7% |
| Total | 5,609 | 4,419 | 5,902 | 4,604 | -6.4% |
Top Export Markets for Dithionites and Sulphoxylates; Other than Sodium from India in 2022:
- China (520.6 tons)
- Indonesia (127.6 tons)
- Turkey (112.2 tons)
- Spain (57.2 tons)
- Belgium (46.1 tons)
- Portugal (41.4 tons)
- South Korea (31.6 tons)
- Sri Lanka (28.5 tons)
- Bangladesh (27.5 tons)
- United States (19.2 tons)
Imports of Dithionites and Sulphoxylates; Other than Sodium in India
Imports of dithionites and sulphoxylates; other than sodia into India contracted dramatically to 2 tons in 2022, falling by -54.3% compared with 2021 figures. Over the period under review, imports showed a dramatic descent. The smallest decline of -34.6% was in 2021.
In value terms, imports of dithionites and sulphoxylates; other than sodia declined dramatically to $7.3K in 2022. Overall, imports showed a dramatic slump. The smallest decline of -28% was in 2021.
| Import of Dithionites and Sulphoxylates; Other than Sodium in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.7 | N/A | 3.0 | 7.3 | 8.6% |
| Spain | 15.5 | 13.7 | 16.2 | N/A | 2.2% |
| Belgium | 27.9 | N/A | N/A | N/A | 0% |
| Sweden | N/A | 3.5 | 7.1 | N/A | 102.9% |
| United Kingdom | 3.3 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 18.7 | N/A | N/A | 0% |
| Others | 0.3 | 1.1 | 0.4 | N/A | 15.5% |
| Total | 52.7 | 37.0 | 26.6 | 7.3 | -48.3% |
Top Suppliers of Dithionites and Sulphoxylates; Other than Sodium to India in 2022:
- Germany (2.0 tons)
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