Sodium Sulfite Prices

Sodium Sulfite Prices December 2023

In December 2023, the price of sodium sulfite in the USA reached 608 USD/MT.
In China, the price of sodium sulfite at the end of December 2023 settled at 329 USD/MT.
The price of sodium sulfite in Spain reached 807 USD/MT in December 2023.

Sodium Sulfite Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Sodium Sulfite Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of sodium sulfite pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of sodium sulfite at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of sodium sulfite price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing sodium sulfite price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Sodium Sulfite Market Analysis

The global sodium sulfite market size reached US$ 1.55 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 2.14 Billion, at a projected CAGR of 3.70% during 2023-2032.

• The sodium sulfite market is significantly driven by its rising demand in the food and beverage (F&B) industry, where it is widely used as a preservative and antioxidant. It helps to prevent deterioration and discoloration in a variety of food goods, such as dried fruits, vegetables, and meat. This substance also keeps food fresh and increases its shelf life, fulfilling the growing customer demand for high-quality products that stay longer. The expanding global population and the rising preference for packaged and processed foods further bolster the demand for sodium sulfite in this sector. The market for ready-to-eat (RTE) food is expected to reach US$ 262.4 billion by 2032, growing at an annual rate of 4.18 percent.
• Another key factor driving the market growth is its extensive use in the pulp and paper industry. It plays an important role as a pulping agent in the sulfite process of papermaking, which breaks down the lignin in wood chips. A superior pulp is created by this technique and is utilized to make a range of paper goods. Paper packaging is predicted to expand at a yearly rate of 2.4% to reach USD 535.6 billion by 2032, hence the pulp and paper industry will continue to need this chemical.
• The expanding pharmaceutical industry also utilizes this compound as an antioxidant and preservative in the formulation of various products, ensuring their stability and efficacy. It aids in preserving the quality and shelf life of pharmaceuticals by preventing the oxidation of active components. By 2032, the market for active pharmaceutical ingredients (APIs) is expected to grow at a 4.6% annual pace to reach US$ 357.0 billion. The pharmaceutical sector's dependence on this chemical is anticipated to increase because of the increased prevalence of chronic diseases and the expanding demand for pharmaceuticals and healthcare products.
• Sodium sulfite plays a vital role in water treatment processes, acting as an oxygen scavenger to remove dissolved oxygen from water systems. This ensures the longevity and effective operation of boilers, pipelines, and other water-handling equipment by preventing corrosion. The demand for sodium sulfite in industrial and municipal water treatment applications is rising due to the increased awareness of water conservation and the necessity for efficient water treatment solutions

Sodium Sulfite News

The report covers the latest developments, updates, and trends impacting the global sodium sulfite market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in sodium sulfite production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the sodium sulfite price trend.

Product Description

Sodium sulfite (Na2SO3) is an inorganic chemical that is widely employed as a preservative, antioxidant, and reducing agent in a variety of industries. It appears as a white, crystalline powder that dissolves in water. The chemical and physical parameters include molecular weight (126.04 g/mol), density (2.633 g/cm³), melting point (33.4°C), and pH of 1% solution (9-10).

This chemical is often formed by the reaction of sulfur dioxide (SO2) with sodium hydroxide (NaOH) or sodium carbonate (Na2CO3). By bubbling sulfur dioxide gas through an aqueous solution of sodium hydroxide or carbonate, the procedure yields sodium sulfite.

This molecule finds uses in the production of paper, textile processing, water treatment, medication formulation, food and beverage preservation, and photographic chemicals. It is commended for being highly efficient, effective, stable, and adaptable.

Regional Coverage

The report provides a detailed analysis of the sodium sulfite market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the sodium sulfite price trend. 

Global Sodium Sulfite Price

The report offers a holistic view of the global sodium sulfite pricing trends in the form of sodium sulfite price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price of sodium sulfite but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed sodium sulfite demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Sodium Sulfite Price

European sodium sulfite prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed sodium sulfite price information for a comprehensive list of countries.

North America Sodium Sulfite Price

The analysis of sodium sulfite prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific sodium sulfite historical data within the United States and Canada can also be provided.

Middle East and Africa Sodium Sulfite Price

The report explores the sodium sulfite pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on sodium sulfite prices for countries can also be provided.

Asia Pacific Sodium Sulfite Price

The sodium sulfite pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This sodium sulfite price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Sodium Sulfite Price

The analysis of sodium sulfite prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of sodium sulfite pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting sodium sulfite price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The sodium sulfite price charts ensure our clients remain at the forefront of the industry.