Dithionites and Sulphoxylates Price in Turkey - 2023
Contents:
- Dithionites and Sulphoxylates Price in Turkey (CIF) - 2023
- Dithionites and Sulphoxylates Price in Turkey (FOB) - 2023
- Dithionites and Sulphoxylates Imports in Turkey
- Dithionites and Sulphoxylates Exports in Turkey
Dithionites and Sulphoxylates Price in Turkey (CIF) - 2023
In September 2023, the average dithionites and sulphoxylates import price amounted to $1,602 per ton, which is down by -13.9% against the previous month. Overall, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in June 2023 an increase of 15% against the previous month. Over the period under review, average import prices reached the peak figure at $2,414 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was India ($2,342 per ton), while the price for China ($1,011 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (-1.2%), while the prices for the other major suppliers experienced a decline.
Dithionites and Sulphoxylates Price in Turkey (FOB) - 2023
In September 2023, the average dithionites and sulphoxylates export price amounted to $4,365 per ton, jumping by 60% against the previous month. Over the period under review, the export price, however, recorded a slight slump. The export price peaked at $5,108 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($7,882 per ton), while the average price for exports to Egypt ($1,371 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Dithionites and Sulphoxylates Imports in Turkey
Dithionites and sulphoxylates imports into Turkey skyrocketed to 22K tons in 2022, with an increase of 31% against 2021 figures. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dithionites and sulphoxylates imports soared to $48M in 2022. Over the period under review, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dithionites and Sulphoxylates in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.4 | 11.3 | 14.8 | 23.2 | 23.2% |
| China | 3.6 | 2.7 | 3.1 | 14.3 | 58.4% |
| Germany | 11.6 | 6.7 | 6.9 | 6.9 | -15.9% |
| Italy | 3.9 | 3.1 | 1.6 | 2.6 | -12.6% |
| Belgium | 1.4 | 1.6 | 1.6 | 0.8 | -17.0% |
| Others | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Total | 33.1 | 25.4 | 28.0 | 48.2 | 13.3% |
Top Suppliers of Dithionites and Sulphoxylates to Turkey in 2022:
- India (9.1K tons)
- China (7.7K tons)
- Germany (3.7K tons)
- Italy (1.0K tons)
- Belgium (0.3K tons)
Dithionites and Sulphoxylates Exports in Turkey
In 2022, approx. 1.2K tons of dithionites and sulphoxylateses were exported from Turkey; falling by -25.5% compared with 2021 figures. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 4.3% against the previous year. As a result, the exports attained the peak of 1.6K tons, and then fell dramatically in the following year.
In value terms, dithionites and sulphoxylates exports reduced modestly to $4.5M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year.
| Export of Dithionites and Sulphoxylates in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 1,099 | 1,131 | 1,389 | 1,298 | 5.7% |
| Iran | 1,696 | 1,225 | 1,047 | 1,047 | -14.9% |
| Pakistan | 186 | 284 | 754 | 576 | 45.8% |
| Egypt | 192 | 131 | 397 | 422 | 30.0% |
| Uzbekistan | 227 | 197 | 664 | 358 | 16.4% |
| Turkmenistan | 103 | 62.6 | 39.5 | 196 | 23.9% |
| Tunisia | N/A | 1.9 | 3.3 | 136 | 746.0% |
| Azerbaijan | 42.5 | 103 | 28.1 | 73.6 | 20.1% |
| Algeria | 54.2 | 921 | N/A | N/A | 1599.3% |
| Others | 84.6 | 67.2 | 265 | 393 | 66.9% |
| Total | 3,685 | 4,124 | 4,588 | 4,500 | 6.9% |
Top Export Markets for Dithionites and Sulphoxylates from Turkey in 2022:
- Iran (316.2 tons)
- Bangladesh (297.2 tons)
- Pakistan (169.5 tons)
- Egypt (123.6 tons)
- Uzbekistan (91.7 tons)
- Turkmenistan (70.2 tons)
- Tunisia (32.3 tons)
- Azerbaijan (29.3 tons)
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