Dithionites and Sulphoxylates Price in Spain - 2023

Contents:

  1. Dithionites and Sulphoxylates Price in Spain (CIF) - 2023
  2. Dithionites and Sulphoxylates Price in Spain (FOB) - 2023
  3. Dithionites and Sulphoxylates Imports in Spain
  4. Dithionites and Sulphoxylates Exports in Spain

Dithionites and Sulphoxylates Price in Spain (CIF) - 2023

The average dithionites and sulphoxylates import price stood at $355 per ton in August 2023, which is down by -66.6% against the previous month. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in July 2023 an increase of 46% m-o-m. The import price peaked at $1,382 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($4,517 per ton), while the price for Belgium ($210 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Dithionites and Sulphoxylates Price in Spain (FOB) - 2023

The average dithionites and sulphoxylates export price stood at $4,055 per ton in August 2023, surging by 127% against the previous month. In general, the export price enjoyed a slight expansion. Over the period under review, the average export prices hit record highs at $5,276 per ton in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Mexico ($7,965 per ton), while the average price for exports to Portugal ($2,971 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in Spain

In 2022, approx. 4.5K tons of dithionites and sulphoxylateses were imported into Spain; growing by 174% compared with the year before. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates imports surged to $5.7M in 2022. In general, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,3211,4821,8032,17918.2%
Belgium1,0411,0656771,91022.4%
India739620598611-6.1%
Portugal8.228.881.8318238.5%
China50.349.90.826473.8%
South KoreaN/A68.067.317560.4%
Others17316613526515.3%
Total3,3323,4803,3635,72219.8%

Top Suppliers of Dithionites and Sulphoxylates to Spain in 2022:

  1. Belgium (3012.3 tons)
  2. Germany (736.6 tons)
  3. Portugal (338.1 tons)
  4. India (179.3 tons)
  5. South Korea (80.0 tons)
  6. China (77.7 tons)

Dithionites and Sulphoxylates Exports in Spain

In 2022, after three years of growth, there was significant decline in shipments abroad of dithionites and sulphoxylateses, when their volume decreased by -40.8% to 374 tons. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year.

In value terms, dithionites and sulphoxylates exports shrank sharply to $1.4M in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year.

Export of Dithionites and Sulphoxylates in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal3755194844193.8%
Germany303197186225-9.4%
Bangladesh10416818817218.3%
Tunisia58.911116710420.9%
France86.394.614078.8-3.0%
Italy95.013375.174.5-7.8%
Algeria34.831.635.146.610.2%
BoliviaN/AN/AN/A39.40%
United States41.629.427.130.2-10.1%
Morocco11.98.822.022.323.3%
Mexico35.737.153.711.9-30.7%
Others261270332182-11.3%
Total1,4081,6001,7101,406-0.0%

Top Export Markets for Dithionites and Sulphoxylates from Spain in 2022:

  1. Portugal (114.6 tons)
  2. Germany (69.1 tons)
  3. France (51.1 tons)
  4. Bangladesh (29.4 tons)
  5. Italy (22.2 tons)
  6. United States (16.5 tons)
  7. Algeria (10.4 tons)
  8. Bolivia (10.3 tons)
  9. Tunisia (10.1 tons)
  10. Morocco (8.6 tons)
  11. Mexico (2.0 tons)

Source: IndexBox Market Intelligence Platform

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