Dithionites and Sulphoxylates Price in South Africa - 2023

Contents:

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

Dithionites and Sulphoxylates Price in South Africa (CIF) - 2022

In 2022, the average dithionites and sulphoxylates import price amounted to $1,120 per ton, surging by 3.3% against the previous year. In general, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. Over the period under review, average import prices attained the peak figure at $1,586 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,354 per ton), while the price for China ($1,055 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Dithionites and Sulphoxylates Price in South Africa (FOB) - 2022

The average dithionites and sulphoxylates export price stood at $2,444 per ton in 2022, declining by -4.5% against the previous year. In general, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 119%. Over the period under review, the average export prices attained the peak figure at $2,559 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($2,848 per ton), while the average price for exports to Germany ($817 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 Botswana (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Dithionites and Sulphoxylates Imports in South Africa

In 2022, the amount of dithionites and sulphoxylateses imported into South Africa shrank to 733 tons, declining by -4.9% on 2021 figures. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 7.5% against the previous year.

In value terms, dithionites and sulphoxylates imports declined modestly to $821K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 96% against the previous year. As a result, imports attained the peak of $836K, and then contracted modestly in the following year.

Import of Dithionites and Sulphoxylates in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5703586727519.6%
Germany46.716.470.751.63.4%
Italy82.837.785.916.6-41.5%
Others10.415.97.62.0-42.3%
Total7094288368215.0%

Top Suppliers of Dithionites and Sulphoxylates to South Africa in 2022:

  1. China (712.0 tons)
  2. Germany (15.4 tons)
  3. Italy (5.4 tons)

Dithionites and Sulphoxylates Exports in South Africa

Dithionites and sulphoxylates exports from South Africa dropped markedly to 72 tons in 2022, which is down by -19.1% compared with the previous year's figure. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 73%.

In value terms, dithionites and sulphoxylates exports shrank notably to $177K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 221%. As a result, the exports attained the peak of $229K, and then declined significantly in the following year.

Export of Dithionites and Sulphoxylates in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Swaziland72.634.990.882.24.2%
Lesotho0.30.12.479.7542.9%
Botswana18.82.9N/A6.0-31.7%
Namibia4.64.63.33.3-10.5%
Zimbabwe22.91.92.02.7-51.0%
GermanyN/AN/AN/A1.00%
Democratic Republic of the Congo0.124.90.1N/A0.0%
IndiaN/AN/A85.2N/A0%
Singapore61.1N/AN/AN/A0%
OthersN/A1.945.11.8-2.7%
Total18071.2229177-0.6%

Top Export Markets for Dithionites and Sulphoxylates from South Africa in 2022:

  1. Lesotho (34.0 tons)
  2. Swaziland (29.5 tons)
  3. Botswana (3.2 tons)
  4. Zimbabwe (2.5 tons)
  5. Namibia (1.2 tons)
  6. Germany (1.2 tons)

Source: IndexBox Market Intelligence Platform

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