Dithionites and Sulphoxylates Price in Sweden - 2023

Contents:

  1. Dithionites and Sulphoxylates Price in Sweden (CIF) - 2023
  2. Dithionites and Sulphoxylates Price in Sweden (FOB) - 2022
  3. Dithionites and Sulphoxylates Imports in Sweden
  4. Dithionites and Sulphoxylates Exports in Sweden

Dithionites and Sulphoxylates Price in Sweden (CIF) - 2023

In August 2023, the average dithionites and sulphoxylates import price amounted to $2,058 per ton, increasing by 5.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 55% against the previous month. The import price peaked at $2,741 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($2,361 per ton), while the price for Belgium amounted to $2,024 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.0%).

Dithionites and Sulphoxylates Price in Sweden (FOB) - 2022

The average dithionites and sulphoxylates export price stood at $2,999 per ton in 2022, surging by 51% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dithionites and sulphoxylates export price increased by +68.3% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($13,941 per ton), while the average price for exports to Norway amounted to $2,004 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+0.5%).

Dithionites and Sulphoxylates Imports in Sweden

For the fourth year in a row, Sweden recorded growth in supplies from abroad of dithionites and sulphoxylateses, which increased by 3.9% to 6.5K tons in 2022. The total import volume increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, dithionites and sulphoxylates imports skyrocketed to $13M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.6% 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 +84.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Dithionites and Sulphoxylates in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium6.48.28.412.926.3%
Germany0.60.10.10.2-30.7%
Others0.20.10.10.1-20.6%
Total7.28.38.513.222.4%

Top Suppliers of Dithionites and Sulphoxylates to Sweden in 2022:

  1. Belgium (6.4K tons)
  2. Germany (0.1K tons)

Dithionites and Sulphoxylates Exports in Sweden

In 2022, overseas shipments of dithionites and sulphoxylateses decreased by -75.2% to 12 tons, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 4.5% against the previous year. As a result, the exports reached the peak of 51 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dithionites and sulphoxylates exports declined markedly to $36K in 2022. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 6.9%. As a result, the exports reached the peak of $96K, and then fell sharply in the following year.

Export of Dithionites and Sulphoxylates in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway85.789.795.622.0-36.4%
United KingdomN/AN/AN/A13.90%
Others0.70.50.80.2-34.1%
Total86.590.296.436.2-25.2%

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

  1. Norway (11.0 tons)
  2. United Kingdom (1.0 tons)

Source: IndexBox Market Intelligence Platform

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