Sodium Thiosulphate Prices December 2023
Product
|
Category |
Region |
Price |
Sodium Thiosulphate |
Pharma API |
USA |
1628 USD/MT |
The price of sodium thiosulphate in the United States for Q4 2023 reached 1628 USD/MT in December.
Sodium Thiosulphate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Sodium Thiosulphate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of sodium thiosulphate 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 prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of sodium thiosulphate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing sodium thiosulphate 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.
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Sodium Thiosulphate Market Analysis
The global sodium thiosulphate market size reached US$ 109.6 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 185.9 Million, at a projected CAGR of 6.10% during 2023-2032.
- The global market is experiencing robust growth, driven by the increasing demand for sodium thiosulfate in the photography industry, especially the resurgence of analog photography and the need for fixing agents in traditional film development processes.
- Moreover, the rising incidence of cyanide poisoning cases across the globe is contributing to the market growth, as sodium thiosulfate remains a crucial antidote for cyanide detoxification, particularly in scenarios such as smoke inhalation incidents or industrial accidents.
- The expanding product application in medical treatments beyond cyanide poisoning, such as in dermatology for conditions like calciphylaxis, spurring its demand in the healthcare sector is acting as another significant growth-inducing factor.
- Additionally, the burgeoning textile industry, particularly in emerging economies, is aiding in market expansion as sodium thiosulfate finds extensive use in dechlorinating fabrics post-bleaching processes, ensuring product quality and safety.
- Besides this, the escalating need for water treatment solutions to address environmental concerns and regulatory requirements is boosting the demand for sodium thiosulfate as a chlorine neutralizer, facilitating the dechlorination of wastewater before discharge.
- The steady growth of the analytical chemistry sector is contributing to the market expansion, with sodium thiosulfate serving as a vital reagent in iodometric titrations for determining iodine concentrations in various samples.
- Another factor supporting the market expansion is the agricultural sector's increasing adoption of sodium thiosulfate-based fertilizers, owing to their sulfur content and soil amendment properties, particularly in regions with nutrient-deficient soils.
- In confluence with this, the burgeoning growth of the mining industry, driven by growing infrastructure development and industrialization, spurring the sodium thiosulfate demand for gold extraction processes, where it serves as a key component in gold leaching solutions is impelling the market growth.
- Furthermore, the growing trend towards sustainable practices and eco-friendly alternatives in various industries is propelling the adoption of sodium thiosulfate as a safer and more environmentally friendly option for diverse applications, further creating a positive outlook for market expansion.
- Apart from this, the ongoing research and development (R&D) efforts aimed at exploring novel applications and formulations of sodium thiosulfate for emerging industries and niche markets are strengthening the industry demand, fostering innovation and diversification within the sodium thiosulfate industry.
Sodium Thiosulphate News
The report covers the latest developments, updates, and trends impacting the global sodium thiosulphate 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 thiosulphate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the sodium thiosulphate price trend.
Product Description
Sodium thiosulfate is an inorganic compound of the general formula Na2S2O3. It is commonly encountered as the pentahydrate, Na2S2O3·5H2O, a white crystalline solid. The predominant application is in traditional photographic film as a photographic fixing agent. In this process, after being exposed to light and developed, sodium thiosulfate is used to dissolve the unexposed silver halide crystals, hence retaining the developed image.
Other than that, sodium thiosulfate is a very important antidote for cyanide poisoning. Cyanide is a very toxic compound that inhibits cellular respiration; sodium thiosulfate facilitates the detoxification of cyanide through its conversion to a much less toxic compound, thiocyanate, which is then easily excreted from the body.
Moreover, sodium thiosulfate is an important reagent in the treatment of water, used as a chlorine neutralizer and as a titrant for iodine. It reacts with chlorine and chloramine to form harmless compounds, making the water safe for discharge or further processing. It is a very valuable reagent for iodometric titrations because it produces very accurate results.
Regional Coverage
The report provides a detailed analysis of the sodium thiosulphate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends 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 thiosulphate price trend.
Global Sodium Thiosulphate Price
The report offers a holistic view of the global sodium thiosulphate pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.
Europe Sodium Thiosulphate Price
European sodium thiosulphate 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 thiosulphate price information for a comprehensive list of countries.
Region |
Countries Covered |
Europe |
Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Sodium Thiosulphate Price
The analysis of sodium thiosulphate 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 data on sodium thiosulphate prices within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Sodium Thiosulphate Price
The report explores the sodium thiosulphate 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 thiosulphate prices for countries can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Sodium Thiosulphate Price
The sodium thiosulphate 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 analysis can be further extended to include detailed sodium thiosulphate prices for a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Sodium Thiosulphate Price
The analysis of sodium thiosulphate 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.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
Key Attributes |
Details |
Product Name |
Sodium Thiosulphate |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Sodium Thiosulphate Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece*
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Product Portfolio
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of sodium thiosulphate 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 thiosulphate 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, ensuring they remain at the forefront of the sodium thiosulphate industry.