Sulphites; Thiosulphates Price in Pakistan - 2023

Contents:

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

Sulphites; Thiosulphates Price in Pakistan (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $683 per ton, surging by 38% against the previous year. Over the period under review, the import price, however, recorded a slight setback. The pace of growth appeared the most rapid in 2016 an increase of 59%. Over the period under review, average import prices hit record highs at $1,606 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,000 per ton), while the price for Turkey ($418 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphites; Thiosulphates Price in Pakistan (FOB) - 2022

In 2022, the average sulphites; thiosulphates export price amounted to $719 per ton, waning by -10.5% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 53%. The export price peaked at $1,798 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Mozambique amounted to -3.6% per year.

Sulphites; Thiosulphates Imports in Pakistan

After three years of growth, purchases abroad of sulphites; thiosulphateses decreased by -20.4% to 8.2K tons in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 186% against the previous year. As a result, imports reached the peak of 10K tons, and then dropped remarkably in the following year.

In value terms, sulphites; thiosulphates imports expanded rapidly to $5.6M in 2022. Overall, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 84% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Sulphites; Thiosulphates in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1.00.92.42.433.9%
China1.51.21.72.315.3%
Germany0.70.40.50.5-10.6%
Turkey0.40.10.30.1-37.0%
Others0.10.20.20.226.0%
Total3.72.85.15.614.8%

Top Suppliers of Sulphites; Thiosulphates to Pakistan in 2022:

  1. China (3.7K tons)
  2. Thailand (3.6K tons)
  3. Germany (0.5K tons)
  4. Turkey (0.4K tons)

Sulphites; Thiosulphates Exports in Pakistan

In 2022, overseas shipments of sulphites; thiosulphateses increased by 122% to 5.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt curtailment.

In value terms, sulphites; thiosulphates exports skyrocketed to $4.1K in 2022. In general, exports, however, continue to indicate a sharp reduction.

Export of Sulphites; Thiosulphates in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique7.35.62.04.1-17.5%
Tajikistan0.9N/AN/AN/A0%
Afghanistan2.0N/AN/AN/A0%
OthersN/A0.5N/AN/A0%
Total10.26.12.14.1-26.2%

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

  1. Mozambique (5.7 tons)

Source: IndexBox Market Intelligence Platform

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