Sulphites; Thiosulphates Price in India - 2023
Contents:
- Sulphites; Thiosulphates Price in India (FOB) - 2022
- Sulphites; Thiosulphates Price in India (CIF) - 2022
- Sulphites; Thiosulphates Exports in India
- Sulphites; Thiosulphates Imports in India
Sulphites; Thiosulphates Price in India (FOB) - 2022
The average sulphites; thiosulphates export price stood at $315 per ton in 2022, picking up by 28% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $335 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($522 per ton), while the average price for exports to Canada ($231 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphites; Thiosulphates Price in India (CIF) - 2022
The average sulphites; thiosulphates import price stood at $697 per ton in 2022, with an increase of 38% against the previous year. In general, the import price, however, saw a mild decline. The import price peaked at $854 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Germany ($1,108 per ton), while the price for Belgium ($560 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphites; Thiosulphates Exports in India
In 2022, the amount of sulphites; thiosulphateses exported from India expanded remarkably to 74K tons, surging by 13% on 2021. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; thiosulphates exports surged to $23M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sulphites; Thiosulphates in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 9.5 | 9.9 | 8.2 | 9.8 | 1.0% |
| United States | 3.0 | 1.6 | 1.7 | 3.7 | 7.2% |
| Malaysia | 0.6 | 0.9 | 1.5 | 2.5 | 60.9% |
| United Arab Emirates | 0.6 | 0.5 | 0.9 | 2.1 | 51.8% |
| Qatar | 0.3 | 0.2 | 0.4 | 0.6 | 26.0% |
| Vietnam | 0.4 | 0.2 | 0.3 | 0.5 | 7.7% |
| Canada | 2.1 | 1.9 | 0.8 | 0.4 | -42.5% |
| Others | 3.4 | 1.7 | 2.2 | 3.8 | 3.8% |
| Total | 19.8 | 17.0 | 16.1 | 23.4 | 5.7% |
Top Export Markets for Sulphites; Thiosulphates from India in 2022:
- South Africa (40.1K tons)
- United States (15.1K tons)
- Malaysia (5.3K tons)
- United Arab Emirates (4.0K tons)
- Canada (1.8K tons)
- Qatar (1.2K tons)
- Vietnam (1.1K tons)
Sulphites; Thiosulphates Imports in India
In 2022, purchases abroad of sulphites; thiosulphateses increased by 6.8% to 17K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt decrease.
In value terms, sulphites; thiosulphates imports surged to $12M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 4.5 | 3.5 | 6.1 | 9.1% |
| Thailand | 3.9 | 3.2 | 4.0 | 4.8 | 7.2% |
| Saudi Arabia | N/A | N/A | N/A | 0.3 | 0% |
| Belgium | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 0.8 | 1.0 | 0.4 | 0.5 | -14.5% |
| Total | 9.6 | 8.9 | 8.1 | 12.0 | 7.7% |
Top Suppliers of Sulphites; Thiosulphates to India in 2022:
- China (9.4K tons)
- Thailand (6.4K tons)
- Belgium (0.5K tons)
- Saudi Arabia (0.5K tons)
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