Dithionites and Sulphoxylates Price in Singapore - 2022
Contents:
- Dithionites and Sulphoxylates Price in Singapore (CIF) - 2022
- Dithionites and Sulphoxylates Price in Singapore (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Singapore
- Dithionites and Sulphoxylates Exports in Singapore
Dithionites and Sulphoxylates Price in Singapore (CIF) - 2022
In 2022, the average dithionites and sulphoxylates import price amounted to $3,898 per ton, which is down by -22% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 import price increased by +22.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 56% against the previous year. As a result, import price reached the peak level of $4,997 per ton, and then dropped remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,944 per ton), while the price for China ($1,866 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.6%), while the prices for the other major suppliers experienced a decline.
Dithionites and Sulphoxylates Price in Singapore (FOB) - 2022
The average dithionites and sulphoxylates export price stood at $3,946 per ton in 2022, declining by -33.9% against the previous year. Overall, the export price recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 92%. Over the period under review, the average export prices hit record highs at $11,333 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($5,363 per ton), while the average price for exports to Brunei Darussalam ($1,889 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 South Korea (+49.9%), while the prices for the other major destinations experienced more modest paces of growth.
Dithionites and Sulphoxylates Imports in Singapore
In 2022, overseas purchases of dithionites and sulphoxylateses increased by 14% to 149 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt decline.
In value terms, dithionites and sulphoxylates imports reduced to $581K in 2022. Overall, imports, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by 20%.
| Import of Dithionites and Sulphoxylates in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 319 | 307 | 462 | 334 | 1.5% |
| India | 171 | 235 | 133 | 236 | 11.3% |
| China | 2.7 | 3.5 | 59.4 | 9.1 | 49.9% |
| Taiwan (Chinese) | 155 | N/A | N/A | N/A | 0% |
| Others | 16.7 | 1.5 | 0.4 | 1.6 | -54.2% |
| Total | 665 | 548 | 655 | 581 | -4.4% |
Top Suppliers of Dithionites and Sulphoxylates to Singapore in 2022:
- India (96.0 tons)
- Germany (48.1 tons)
- China (4.9 tons)
Dithionites and Sulphoxylates Exports in Singapore
In 2022, approx. 41 tons of dithionites and sulphoxylateses were exported from Singapore; picking up by 66% compared with the previous year. Overall, exports saw a relatively flat trend pattern.
In value terms, dithionites and sulphoxylates exports amounted to $161K in 2022. The total export value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 40% against the previous year. As a result, the exports attained the peak of $177K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Dithionites and Sulphoxylates in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 9.5 | 37.9 | 72.7 | 59.3 | 84.1% |
| Thailand | 14.4 | 4.7 | 9.0 | 45.4 | 46.6% |
| United Arab Emirates | N/A | N/A | N/A | 22.4 | 0% |
| Brunei Darussalam | N/A | N/A | 0.2 | 4.5 | 2150.0% |
| Philippines | 9.4 | 4.6 | 0.4 | 4.3 | -22.9% |
| Bangladesh | 11.8 | 83.2 | 8.6 | 2.7 | -38.8% |
| Pakistan | N/A | 32.7 | 0.2 | 2.6 | -71.8% |
| Vietnam | 21.2 | 4.4 | 0.2 | N/A | -90.3% |
| Indonesia | 54.8 | 0.1 | N/A | N/A | -99.8% |
| Others | 5.6 | 9.7 | 55.0 | 19.5 | 51.6% |
| Total | 127 | 177 | 146 | 161 | 8.2% |
Top Export Markets for Dithionites and Sulphoxylates from Singapore in 2022:
- Thailand (19.0 tons)
- Malaysia (11.1 tons)
- United Arab Emirates (5.0 tons)
- Brunei Darussalam (2.4 tons)
- Pakistan (0.5 tons)
- Philippines (0.5 tons)
- Bangladesh (0.4 tons)
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