Sulphites; Thiosulphates Price in Russia - 2022

Contents:

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

Sulphites; Thiosulphates Price in Russia (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $478 per ton, waning by -10.3% against the previous year. In general, the import price saw a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 22% against the previous year. The import price peaked at $636 per ton in 2012; however, from 2013 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 China ($540 per ton), while the price for Belarus ($210 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.

Sulphites; Thiosulphates Price in Russia (FOB) - 2022

In January 2022, the average sulphites; thiosulphates export price amounted to $499 per ton, falling by -17% against the previous month. Overall, the export price saw a slight curtailment. The pace of growth was the most pronounced in May 2021 an increase of 84% m-o-m. Over the period under review, the average export prices hit record highs at $747 per ton in November 2021; however, from December 2021 to January 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($1,023 per ton), while the average price for exports to Belarus amounted to $384 per ton.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphites; Thiosulphates Imports in Russia

In 2022, overseas purchases of sulphites; thiosulphateses were finally on the rise to reach 17K tons after two years of decline. In general, imports, however, continue to indicate a abrupt setback.

In value terms, sulphites; thiosulphates imports expanded notably to $7.9M in 2022. Overall, imports, however, saw a abrupt decrease.

Import of Sulphites; Thiosulphates in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.10.30.93.1214.1%
Italy0.71.41.12.041.9%
IndiaN/AN/AN/A0.90%
China4.63.62.50.8-44.2%
Germany1.21.31.20.7-16.4%
Belarus2.61.51.4N/A-26.6%
Others0.30.40.30.410.1%
Total9.48.67.37.9-5.6%

Top Suppliers of Sulphites; Thiosulphates to Russia in 2022:

  1. Turkey (6.5K tons)
  2. Italy (4.5K tons)
  3. India (2.0K tons)
  4. Germany (1.8K tons)
  5. China (1.5K tons)
  6. Belarus (0.2K tons)

Sulphites; Thiosulphates Exports in Russia

In 2022, shipments abroad of sulphites; thiosulphateses decreased by -8% to 5.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 91%. As a result, the exports attained the peak of 5.8K tons, and then declined in the following year.

In value terms, sulphites; thiosulphates exports declined to $2.5M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of $3M, and then reduced in the following year.

Export of Sulphites; Thiosulphates in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus6115801,0621,59937.8%
Kazakhstan9201,3411,0669290.3%
Ukraine12354.01606.2-63.1%
CanadaN/AN/A344N/A0%
Others2341393261.6-81.0%
Total1,8882,1142,9582,53610.3%

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

  1. Ukraine (undefinedK tons)
  2. Belarus (3.7K tons)
  3. Kazakhstan (1.7K tons)

Source: IndexBox Market Intelligence Platform

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