Price for Dithionites and Sulphoxylates; of Sodium in New Zealand - 2023
Contents:
- Price for Dithionites and Sulphoxylates; of Sodium in New Zealand (CIF) - 2022
- Price for Dithionites and Sulphoxylates; of Sodium in New Zealand (FOB) - 2022
- Imports of Dithionites and Sulphoxylates; of Sodium in New Zealand
- Exports of Dithionites and Sulphoxylates; of Sodium in New Zealand
Price for Dithionites and Sulphoxylates; of Sodium in New Zealand (CIF) - 2022
The average import price for dithionites and sulphoxylates; of sodia stood at $1,549 per ton in 2022, waning by -15.1% against the previous year. Overall, import price indicated a moderate 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; of sodium import price increased by +32.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 56%. As a result, import price reached the peak level of $1,824 per ton, and then dropped remarkably in the following year.
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 Germany ($8,720 per ton), while the price for China stood at $1,053 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%).
Price for Dithionites and Sulphoxylates; of Sodium in New Zealand (FOB) - 2022
The average export price for dithionites and sulphoxylates; of sodia stood at $23,601 per ton in 2022, jumping by 462% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +16.2% per year.
Imports of Dithionites and Sulphoxylates; of Sodium in New Zealand
For the third consecutive year, New Zealand recorded decline in purchases abroad of dithionites and sulphoxylates; of sodia, which decreased by -38.3% to 32 tons in 2022. In general, imports faced a sharp reduction. The smallest decline of -33.4% was in 2020.
In value terms, dithionites and sulphoxylates; of sodium imports dropped notably to $50K in 2022. Overall, imports recorded a precipitous contraction. The smallest decline of -43% was in 2020.
| Import of Dithionites and Sulphoxylates; of Sodium in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 785 | 413 | 27.5 | 32.0 | -65.6% |
| Germany | 9.6 | 11.1 | 6.7 | 16.6 | 20.0% |
| India | 26.7 | 4.4 | 9.8 | N/A | -39.4% |
| Taiwan (Chinese) | 77.1 | 83.7 | 41.9 | N/A | -26.3% |
| Australia | 53.3 | 30.5 | 2.0 | N/A | -80.6% |
| Others | 1.4 | 1.1 | 7.8 | 1.5 | 2.3% |
| Total | 953 | 544 | 95.7 | 50.1 | -62.5% |
Top Suppliers of Dithionites and Sulphoxylates; of Sodium to New Zealand in 2022:
- Australia (undefined tons)
- China (30.4 tons)
- Germany (1.9 tons)
Exports of Dithionites and Sulphoxylates; of Sodium in New Zealand
For the third year in a row, New Zealand recorded decline in overseas shipments of dithionites and sulphoxylates; of sodia, which decreased by -93.7% to 7 kg in 2022. Overall, exports recorded a dramatic descent. The smallest decline of -41.3% was in 2020.
In value terms, dithionites and sulphoxylates; of sodium exports fell notably to $158 in 2022. In general, exports showed a precipitous curtailment. The smallest decline of -41.8% was in 2020.
| Export of Dithionites and Sulphoxylates; of Sodium in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 192 | 80.0 | 33.0 | 158 | -6.3% |
| Australia | 1,184 | 721 | 433 | N/A | -39.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,376 | 801 | 466 | 158 | -51.4% |
Top Export Markets for Dithionites and Sulphoxylates; of Sodium from New Zealand in 2022:
- Fiji (7.0 kg)
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