Sulphites; Thiosulphates Price in Finland - 2023

Sulphites; Thiosulphates Price in Finland (CIF) - 2022

The average sulphites; thiosulphates import price stood at $1,028 per ton in 2022, growing by 70% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates import price increased by +59.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($1,737 per ton), while the price for Turkey ($674 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Finland (FOB) - 2023

The average sulphites; thiosulphates export price stood at $374 per ton in July 2023, shrinking by -25.5% against the previous month. In general, export price indicated modest growth from July 2022 to July 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, sulphites; thiosulphates export price decreased by -25.5% against June 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 42% against the previous month. As a result, the export price reached the peak level of $594 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From July 2022 to July 2023, the rate of growth in terms of prices for Sweden amounted to +1.6% per month.

Sulphites; Thiosulphates Imports in Finland

After three years of growth, purchases abroad of sulphites; thiosulphateses decreased by -27.7% to 1.5K tons in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 67% against the previous year.

In value terms, sulphites; thiosulphates imports skyrocketed to $1.5M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +27.8% 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 +108.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 52%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Sulphites; Thiosulphates in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	475	464	922	1,133	33.6%
Turkey	12.5	44.7	22.6	180	143.3%
Italy	176	526	233	109	-14.8%
China	16.4	11.3	1.7	35.9	29.8%
Others	58.7	75.3	76.0	83.3	12.4%
Total	739	1,121	1,255	1,541	27.8%

Top Suppliers of Sulphites; Thiosulphates to Finland in 2022:

Germany (1050.7 tons)
Turkey (267.6 tons)
Italy (120.9 tons)
China (23.2 tons)

Sulphites; Thiosulphates Exports in Finland

In 2022, exports of sulphites; thiosulphateses from Finland skyrocketed to 6.2K tons, with an increase of 251% against the previous year's figure. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 1,043% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, sulphites; thiosulphates exports surged to $2.1M in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 1,073%. The exports peaked in 2022 and are expected to retain growth in the near future.