Dithionites and Sulphoxylates Price in Colombia - 2022

Contents:

  1. Dithionites and Sulphoxylates Price in Colombia (CIF) - 2022
  2. Dithionites and Sulphoxylates Price in Colombia (FOB) - 2022
  3. Dithionites and Sulphoxylates Imports in Colombia
  4. Dithionites and Sulphoxylates Exports in Colombia

Dithionites and Sulphoxylates Price in Colombia (CIF) - 2022

In February 2022, the average dithionites and sulphoxylates import price amounted to $2,544 per ton, stabilizing at the previous month. Over the period under review, import price indicated a slight increase from February 2021 to February 2022: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, dithionites and sulphoxylates import price decreased by -10.5% against November 2021 indices. The most prominent rate of growth was recorded in November 2021 an increase of 49% against the previous month. As a result, import price attained the peak level of $2,840 per ton. From December 2021 to February 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was India ($6,938 per ton), while the price for China ($2,403 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by India (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in Colombia (FOB) - 2022

In 2022, the average dithionites and sulphoxylates export price amounted to $5,749 per ton, rising by 8% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 140% against the previous year. The export price peaked at $6,998 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($61,333 per ton), while the average price for exports to Guatemala ($4,038 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 Panama (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in Colombia

In 2022, imports of dithionites and sulphoxylateses into Colombia fell dramatically to 1.5K tons, which is down by -23.4% compared with the previous year. Over the period under review, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 88%. As a result, imports attained the peak of 1.9K tons, and then dropped notably in the following year.

In value terms, dithionites and sulphoxylates imports reduced remarkably to $2.2M in 2022. Overall, imports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, imports attained the peak of $2.8M, and then shrank notably in the following year.

Import of Dithionites and Sulphoxylates in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7653771,152670-4.3%
Germany3032944773525.1%
Belgium313233233285-3.1%
India11274.820521223.7%
Italy93.971.297.01043.5%
Switzerland41.134.039.110436.3%
South Korea11416.758.864.5-17.3%
Others815505558421-19.8%
Total2,5571,6062,8202,213-4.7%

Top Suppliers of Dithionites and Sulphoxylates to Colombia in 2022:

  1. China (629.7 tons)
  2. Belgium (252.4 tons)
  3. India (155.2 tons)
  4. Germany (143.3 tons)
  5. South Korea (63.9 tons)
  6. Italy (62.2 tons)
  7. Switzerland (25.6 tons)

Dithionites and Sulphoxylates Exports in Colombia

In 2022, overseas shipments of dithionites and sulphoxylateses decreased by -32.4% to 776 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 367%.

In value terms, dithionites and sulphoxylates exports dropped markedly to $4.5K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 740%.

Export of Dithionites and Sulphoxylates in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala1486933,2282,774165.6%
Ecuador18.01401,171843260.5%
Panama1564951,56073667.7%
Others13.01,485149108102.5%
Total3352,8136,1084,461137.0%

Top Export Markets for Dithionites and Sulphoxylates from Colombia in 2022:

  1. Guatemala (687.0 kg)
  2. Ecuador (69.0 kg)
  3. Panama (12.0 kg)

Source: IndexBox Market Intelligence Platform

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