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

Contents:

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

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

The average import price for dithionites and sulphoxylates; of sodia stood at $2,078 per ton in 2022, with a decrease of -2.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 34%. Over the period under review, average import prices hit record highs at $2,665 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 India ($4,748 per ton), while the price for Belgium ($1,366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for dithionites and sulphoxylates; of sodia amounted to $3,028 per ton, with an increase of 54% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The export price peaked at $5,000 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($3,373 per ton), while the average price for exports to Romania stood at $2,798 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-4.3%).

Imports of Dithionites and Sulphoxylates; of Sodium in Serbia

In 2022, the amount of dithionites and sulphoxylates; of sodia imported into Serbia surged to 63 tons, rising by 17% against the year before. In general, imports, however, showed a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 47%.

In value terms, dithionites and sulphoxylates; of sodium imports expanded notably to $131K in 2022. Over the period under review, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Dithionites and Sulphoxylates; of Sodium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy28.610.830.067.533.1%
Belgium11.52.94.143.856.2%
China0.10.20.69.6357.9%
India6.53.23.99.513.5%
Greece24.116.627.5N/A6.8%
Switzerland9.14.411.9N/A14.4%
Others39.123.336.60.5-76.6%
Total11961.51151313.3%

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

  1. Belgium (32.1 tons)
  2. Italy (25.2 tons)
  3. China (3.6 tons)
  4. India (2.0 tons)

Exports of Dithionites and Sulphoxylates; of Sodium in Serbia

Dithionites and sulphoxylates; of sodium exports from Serbia surged to 3.4 tons in 2022, picking up by 299% on the previous year. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dithionites and sulphoxylates; of sodium exports skyrocketed to $10K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Dithionites and Sulphoxylates; of Sodium in Serbia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
RomaniaN/A5.70%
Bosnia and Herzegovina0.64.6666.7%
Bulgaria0.5N/A0%
Others0.6N/A0%
Total1.710.2500.0%

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

  1. Romania (2.0 tons)
  2. Bosnia and Herzegovina (1.4 tons)

Source: IndexBox Market Intelligence Platform

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