Sulphites; Thiosulphates Price in Israel - 2023

Contents:

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

Sulphites; Thiosulphates Price in Israel (CIF) - 2022

The average sulphites; thiosulphates import price stood at $812 per ton in 2022, increasing by 58% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 +78.3% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($907 per ton) and Italy ($832 per ton), while the price for India ($768 per ton) and Germany ($790 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Israel (FOB) - 2022

The average sulphites; thiosulphates export price stood at $424 per ton in 2022, which is down by -7% against the previous year. In general, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the maximum at $1,196 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($1,665 per ton), while the average price for exports to Sri Lanka ($75 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 Palestine (-4.4%), while the prices for the other major destinations experienced a decline.

Sulphites; Thiosulphates Imports in Israel

Sulphites; thiosulphates imports into Israel dropped rapidly to 2.2K tons in 2022, waning by -33.4% compared with the year before. In general, imports saw a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of 3.3K tons, and then declined sharply in the following year.

In value terms, sulphites; thiosulphates imports reached $1.8M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% 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 +71.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Sulphites; Thiosulphates to Israel in 2022:

1. Turkey (518.2 tons)
2. Italy (499.9 tons)
3. Germany (412.5 tons)
4. China (362.9 tons)
5. United States (220.5 tons)
6. India (100.2 tons)
7. Thailand (51.8 tons)

Sulphites; Thiosulphates Exports in Israel

In 2022, shipments abroad of sulphites; thiosulphateses increased by 7.2% to 4.7 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp slump.

In value terms, sulphites; thiosulphates exports reduced to $2K in 2022. Overall, exports, however, faced a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 0.5%.

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

1. Armenia (0.7 tons)
2. Sri Lanka (0.3 tons)
3. South Africa (0.2 tons)

Source: IndexBox Market Intelligence Platform