Dithionites and Sulphoxylates Price in Thailand - 2023
Contents:
- Dithionites and Sulphoxylates Price in Thailand (CIF) - 2022
- Dithionites and Sulphoxylates Price in Thailand (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Thailand
- Dithionites and Sulphoxylates Exports in Thailand
Dithionites and Sulphoxylates Price in Thailand (CIF) - 2022
In 2022, the average dithionites and sulphoxylates import price amounted to $1,637 per ton, with an increase of 30% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,275 per ton), while the price for China ($1,419 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Dithionites and Sulphoxylates Price in Thailand (FOB) - 2022
The average dithionites and sulphoxylates export price stood at $2,160 per ton in 2022, rising by 123% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($3,074 per ton), while the average price for exports to Myanmar amounted to $2,132 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+61.4%), while the prices for the other major destinations experienced more modest paces of growth.
Dithionites and Sulphoxylates Imports in Thailand
In 2022, after three years of growth, there was decline in purchases abroad of dithionites and sulphoxylateses, when their volume decreased by -1.5% to 6K tons. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 7.6%.
In value terms, dithionites and sulphoxylates imports skyrocketed to $9.8M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dithionites and Sulphoxylates in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 3.0 | 4.6 | 6.1 | 34.6% |
| India | 1.6 | 1.0 | 1.1 | 1.7 | 2.0% |
| Germany | 2.6 | 1.7 | 1.4 | 1.5 | -16.8% |
| South Korea | 0.8 | 0.2 | 0.3 | 0.3 | -27.9% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 7.7 | 6.1 | 7.7 | 9.8 | 8.4% |
Top Suppliers of Dithionites and Sulphoxylates to Thailand in 2022:
- China (4.3K tons)
- India (0.8K tons)
- Germany (0.7K tons)
- South Korea (0.2K tons)
Dithionites and Sulphoxylates Exports in Thailand
After three years of growth, overseas shipments of dithionites and sulphoxylateses decreased by -92.7% to 17 tons in 2022. In general, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 139%. As a result, the exports attained the peak of 230 tons, and then contracted remarkably in the following year.
In value terms, dithionites and sulphoxylates exports shrank rapidly to $36K in 2022. Overall, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 316%. As a result, the exports attained the peak of $223K, and then plummeted in the following year.
| Export of Dithionites and Sulphoxylates in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | 92.3 | 34.5 | -62.6% |
| Indonesia | N/A | N/A | N/A | 1.5 | 0% |
| Malaysia | N/A | N/A | 41.6 | N/A | 0% |
| Singapore | N/A | 11.9 | 4.0 | N/A | -66.4% |
| Lao People's Democratic Republic | 51.8 | 38.7 | 41.3 | N/A | -10.7% |
| Others | 0.5 | 2.9 | 43.8 | N/A | 835.9% |
| Total | 52.3 | 53.6 | 223 | 36.1 | -11.6% |
Top Export Markets for Dithionites and Sulphoxylates from Thailand in 2022:
- Myanmar (16.2 tons)
- Indonesia (0.5 tons)
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