Price for Dithionites and Sulphoxylates; Other than Sodium in Vietnam - 2022

Contents:

  1. Price for Dithionites and Sulphoxylates; Other than Sodium in Vietnam (CIF) - 2022
  2. Imports of Dithionites and Sulphoxylates; Other than Sodium in Vietnam

Price for Dithionites and Sulphoxylates; Other than Sodium in Vietnam (CIF) - 2022

The average import price for dithionites and sulphoxylates; other than sodia stood at $4,311 per ton in 2022, leveling off at the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dithionites and sulphoxylates; other than sodia decreased by -7.4% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 64%. The import price peaked at $4,654 per ton in 2020; however, from 2021 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 ($11,624 per ton), while the price for China ($2,534 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Dithionites and Sulphoxylates; Other than Sodium in Vietnam

In 2022, overseas purchases of dithionites and sulphoxylates; other than sodia were finally on the rise to reach 10 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp reduction.

In value terms, imports of dithionites and sulphoxylates; other than sodia expanded remarkably to $43K in 2022. Over the period under review, imports, however, recorded a dramatic slump.

Import of Dithionites and Sulphoxylates; Other than Sodium in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.921.013.014.9-19.8%
India14817.98.110.0-59.3%
Spain7.16.91.76.4-3.4%
South Korea4.89.45.04.90.7%
Taiwan (Chinese)7.44.42.22.1-34.3%
Singapore2.51.91.21.5-15.7%
China50.027.95.31.5-68.9%
Others1.90.53.81.90.0%
Total25189.840.343.1-44.4%

Top Suppliers of Dithionites and Sulphoxylates; Other than Sodium to Vietnam in 2022:

  1. India (3.6 tons)
  2. Spain (1.8 tons)
  3. Germany (1.3 tons)
  4. South Korea (1.3 tons)
  5. Taiwan (Chinese) (0.7 tons)
  6. China (0.6 tons)
  7. Singapore (0.4 tons)

Source: IndexBox Market Intelligence Platform

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