Price for Dithionites and Sulphoxylates; of Sodium in Pakistan - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in Pakistan (CIF) - 2023
- Imports of Dithionites and Sulphoxylates; of Sodium in Pakistan
Price for Dithionites and Sulphoxylates; of Sodium in Pakistan (CIF) - 2023
The average import price for dithionites and sulphoxylates; of sodia stood at $1,040 per ton in April 2023, reducing by -2.2% against the previous month. Over the period under review, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 6.4% month-to-month. The import price peaked at $1,913 per ton in April 2022; however, from May 2022 to April 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,284 per ton), while the price for China ($981 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Germany (-1.1%), while the prices for the other major suppliers experienced a decline.
Imports of Dithionites and Sulphoxylates; of Sodium in Pakistan
In 2022, the amount of dithionites and sulphoxylates; of sodia imported into Pakistan surged to 14K tons, jumping by 27% on the year before. Over the period under review, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, dithionites and sulphoxylates; of sodium imports surged to $19M in 2022. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Dithionites and Sulphoxylates; of Sodium in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.4 | 3.3 | 4.5 | 8.1 | 14.5% |
| China | 3.5 | 2.4 | 4.7 | 4.9 | 11.9% |
| Belgium | 0.3 | 0.4 | 1.5 | 2.5 | 102.7% |
| India | 1.3 | 0.6 | 1.1 | 1.2 | -2.6% |
| South Korea | 0.5 | 0.6 | 1.0 | 1.1 | 30.1% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Others | 0.2 | 0.3 | 0.7 | 0.8 | 58.7% |
| Total | 11.2 | 7.7 | 13.7 | 19.0 | 19.3% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to Pakistan in 2022:
- Germany (6.4K tons)
- China (4.6K tons)
- Belgium (0.9K tons)
- India (0.8K tons)
- South Korea (0.8K tons)
- Taiwan (Chinese) (0.2K tons)
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