Price for Dithionites and Sulphoxylates; of Sodium in Lithuania - 2023

Contents:

  1. Price for Dithionites and Sulphoxylates; of Sodium in Lithuania (CIF) - 2022
  2. Price for Dithionites and Sulphoxylates; of Sodium in Lithuania (FOB) - 2022
  3. Imports of Dithionites and Sulphoxylates; of Sodium in Lithuania
  4. Exports of Dithionites and Sulphoxylates; of Sodium in Lithuania

Price for Dithionites and Sulphoxylates; of Sodium in Lithuania (CIF) - 2022

The average import price for dithionites and sulphoxylates; of sodia stood at $2,525 per ton in 2022, rising by 7.1% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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; of sodium import price increased by +23.6% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 35% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($3,800 per ton), while the price for Belgium ($2,476 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Dithionites and Sulphoxylates; of Sodium in Lithuania (FOB) - 2022

In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $2,630 per ton, with an increase of 55% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 73%. As a result, the export price attained the peak level of $3,207 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($45,500 per ton), while the average price for exports to Estonia ($2,587 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dithionites and Sulphoxylates; of Sodium in Lithuania

In 2022, overseas purchases of dithionites and sulphoxylates; of sodia decreased by -31.6% to 53 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports reached the peak of 90 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, dithionites and sulphoxylates; of sodium imports fell sharply to $133K in 2022. Over the period under review, imports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year.

Import of Dithionites and Sulphoxylates; of Sodium in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium63.490.162.712625.7%
Czech Republic30.634.860.63.1-53.4%
Germany6.75.60.22.0-33.2%
Poland25.623.022.11.1-65.0%
FranceN/A25.7N/AN/A0%
Italy15.4N/A35.3N/A51.4%
Others0.1N/AN/AN/A0%
Total142179181133-2.2%

Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Lithuania in 2022:

  1. Belgium (51.0 tons)
  2. Czech Republic (0.7 tons)
  3. Germany (0.5 tons)
  4. Poland (0.3 tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Lithuania

In 2022, shipments abroad of dithionites and sulphoxylates; of sodia was finally on the rise to reach 21 tons after two years of decline. In general, exports, however, showed a dramatic decrease.

In value terms, dithionites and sulphoxylates; of sodium exports surged to $56K in 2022. Over the period under review, exports, however, faced a deep slump.

Export of Dithionites and Sulphoxylates; of Sodium in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia29.723.028.149.718.7%
Finland2.00.51.13.621.6%
Russia44.425.7N/A1.6-67.0%
Others7.20.30.41.1-46.5%
Total83.449.529.656.0-12.4%

Top Export Markets for Dithionites and Sulphoxylates; of Sodium from Lithuania in 2022:

  1. Estonia (19.2 tons)
  2. Finland (1.2 tons)
  3. Russia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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