Sulphites; Thiosulphates Price in Iran - 2022

Contents:

  1. Sulphites; Thiosulphates Price in Iran (CIF) - 2022
  2. Sulphites; Thiosulphates Price in Iran (FOB) - 2022
  3. Sulphites; Thiosulphates Imports in Iran
  4. Sulphites; Thiosulphates Exports in Iran

Sulphites; Thiosulphates Price in Iran (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $1,009 per ton, rising by 28% against the previous year. Over the period under review, the import price saw a resilient expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 34%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,922 per ton), while the price for the United Arab Emirates ($481 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Iran (FOB) - 2022

In 2022, the average sulphites; thiosulphates export price amounted to $504 per ton, increasing by 25% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; thiosulphates export price increased by +63.7% against 2019 indices. Over the period under review, the average export prices reached the peak figure at $537 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($1,393 per ton), while the average price for exports to Kuwait ($312 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 Uzbekistan (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; Thiosulphates Imports in Iran

In 2022, purchases abroad of sulphites; thiosulphateses was finally on the rise to reach 351 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a significant decline.

In value terms, sulphites; thiosulphates imports skyrocketed to $354K in 2022. In general, imports, however, showed a abrupt curtailment.

Import of Sulphites; Thiosulphates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25311.99.0137-18.5%
Taiwan (Chinese)62.310.711.849.5-7.4%
India24.431.911.937.915.8%
United Arab Emirates63.929.927.235.3-17.9%
Turkey70.210.711.225.7-28.5%
South Korea26.99.75.325.0-2.4%
Germany32.16.74.820.1-14.4%
Thailand12.54.22.19.3-9.4%
Others36.86.54.613.5-28.4%
Total58212288.0354-15.3%

Top Suppliers of Sulphites; Thiosulphates to Iran in 2022:

  1. China (161.5 tons)
  2. United Arab Emirates (73.5 tons)
  3. Turkey (23.7 tons)
  4. Germany (21.6 tons)
  5. Thailand (18.7 tons)
  6. Taiwan (Chinese) (17.0 tons)
  7. India (16.3 tons)
  8. South Korea (15.6 tons)

Sulphites; Thiosulphates Exports in Iran

After three years of growth, shipments abroad of sulphites; thiosulphateses decreased by -79.9% to 702 tons in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 370%. As a result, the exports attained the peak of 3.5K tons, and then plummeted in the following year.

In value terms, sulphites; thiosulphates exports fell notably to $354K in 2022. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 450%. As a result, the exports reached the peak of $1.4M, and then shrank rapidly in the following year.

Export of Sulphites; Thiosulphates in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey29.424.927810150.9%
Afghanistan75.443.621349.3-13.2%
Tajikistan19.147.522249.237.1%
Kyrgyzstan4.15.333.535.3105.0%
Uzbekistan6.28.520.124.858.7%
Pakistan22.230.048.724.73.6%
Turkmenistan6.19.789.720.950.8%
Kuwait1.93.668.516.0103.4%
Iraq6.615.256.013.125.7%
Armenia38.344.52256.5-44.6%
Others12.121.614513.12.7%
Total2212551,40135417.0%

Top Export Markets for Sulphites; Thiosulphates from Iran in 2022:

  1. Turkey (195.8 tons)
  2. Tajikistan (105.2 tons)
  3. Uzbekistan (71.7 tons)
  4. Pakistan (59.7 tons)
  5. Kyrgyzstan (55.5 tons)
  6. Kuwait (51.2 tons)
  7. Iraq (39.0 tons)
  8. Turkmenistan (38.1 tons)
  9. Afghanistan (35.4 tons)
  10. Armenia (19.7 tons)

Source: IndexBox Market Intelligence Platform

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