Sulphites; Thiosulphates Price in Switzerland - 2023
Contents:
- Sulphites; Thiosulphates Price in Switzerland (CIF) - 2023
- Sulphites; Thiosulphates Price in Switzerland (FOB) - 2022
- Sulphites; Thiosulphates Imports in Switzerland
- Sulphites; Thiosulphates Exports in Switzerland
Sulphites; Thiosulphates Price in Switzerland (CIF) - 2023
The average sulphites; thiosulphates import price stood at $699 per ton in September 2023, declining by -15% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 55% month-to-month. The import price peaked at $1,375 per ton in March 2023; however, from April 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($2,179 per ton), while the price for Italy ($541 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced a decline.
Sulphites; Thiosulphates Price in Switzerland (FOB) - 2022
The average sulphites; thiosulphates export price stood at $647 per ton in 2022, rising by 20% against the previous year. Overall, the export price, however, continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2016 an increase of 180% against the previous year. Over the period under review, the average export prices hit record highs at $985 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($10,411 per ton), while the average price for exports to France ($63 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 Ghana (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphites; Thiosulphates Imports in Switzerland
In 2022, approx. 6K tons of sulphites; thiosulphateses were imported into Switzerland; waning by -2% compared with the previous year. In general, imports recorded a noticeable downturn.
In value terms, sulphites; thiosulphates imports soared to $4M in 2022. Overall, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 2.1 | 2.4 | 2.9 | -1.1% |
| Italy | 0.4 | 0.3 | 0.4 | 0.9 | 31.0% |
| Others | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Total | 3.6 | 2.6 | 3.0 | 4.0 | 3.6% |
Top Suppliers of Sulphites; Thiosulphates to Switzerland in 2022:
- Germany (4.5K tons)
- Italy (1.3K tons)
Sulphites; Thiosulphates Exports in Switzerland
In 2022, overseas shipments of sulphites; thiosulphateses decreased by -16.8% to 458 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of 550 tons, and then fell sharply in the following year.
In value terms, sulphites; thiosulphates exports declined to $296K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $297K, leveling off in the following year.
| Export of Sulphites; Thiosulphates in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 93.0 | 72.1 | 83.9 | 77.5 | -5.9% |
| Ghana | 6.9 | 17.8 | 32.9 | 44.8 | 86.6% |
| South Korea | 19.9 | 21.7 | 66.3 | 26.1 | 9.5% |
| France | 25.9 | 27.3 | 30.0 | 23.0 | -3.9% |
| Venezuela | 1.5 | 0.5 | 2.8 | 22.5 | 146.6% |
| China | 7.9 | 6.4 | 10.8 | 8.4 | 2.1% |
| Others | 64.0 | 45.9 | 70.3 | 93.9 | 13.6% |
| Total | 219 | 192 | 297 | 296 | 10.6% |
Top Export Markets for Sulphites; Thiosulphates from Switzerland in 2022:
- France (367.4 tons)
- Ghana (27.1 tons)
- South Korea (26.9 tons)
- China (8.9 tons)
- Germany (7.4 tons)
- Venezuela (7.2 tons)
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