Price for Dithionites and Sulphoxylates; Other than Sodium in South Korea - 2022

Contents:

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

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

The average import price for dithionites and sulphoxylates; other than sodia stood at $3,871 per ton in 2022, increasing by 2.5% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 5.1%. Over the period under review, average import prices hit record highs at $5,536 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5,140 per ton), while the price for China totaled $3,185 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.7%).

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

In 2022, the average export price for dithionites and sulphoxylates; other than sodia amounted to $7,437 per ton, shrinking by -61.4% against the previous year. Overall, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 133%. As a result, the export price attained the peak level of $19,250 per ton, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($22,029 per ton), while the average price for exports to Vietnam totaled $7,141 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+12.9%), while the prices for the other major destinations experienced a decline.

Imports of Dithionites and Sulphoxylates; Other than Sodium in South Korea

In 2022, approx. 92 tons of dithionites and sulphoxylates; other than sodia were imported into South Korea; reducing by -18.1% compared with the previous year's figure. Over the period under review, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 133%. As a result, imports reached the peak of 112 tons, and then contracted sharply in the following year.

In value terms, imports of dithionites and sulphoxylates; other than sodia declined markedly to $355K in 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 99%.

Import of Dithionites and Sulphoxylates; Other than Sodium in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.147.394.519387.9%
India411163322158-27.3%
Others0.22.77.14.5182.3%
Total440213423355-6.9%

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

  1. China (60.5 tons)
  2. India (30.7 tons)

Exports of Dithionites and Sulphoxylates; Other than Sodium in South Korea

In 2022, overseas shipments of dithionites and sulphoxylates; other than sodia increased by 11,375% to 1.8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a sharp contraction.

In value terms, exports of dithionites and sulphoxylates; other than sodia surged to $14K in 2022. Overall, exports, however, showed a dramatic curtailment.

Export of Dithionites and Sulphoxylates; Other than Sodium in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam10911.3N/A12.9-50.9%
Taiwan (Chinese)0.20.40.30.858.7%
Guatemala14.9N/AN/AN/A0%
Others0.10.1N/AN/A0.0%
Total12411.70.313.7-52.0%

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

  1. Vietnam (1800.0 kg)
  2. Taiwan (Chinese) (35.0 kg)

Source: IndexBox Market Intelligence Platform

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