Price for Sulphites; Other than of Sodium in Iran - 2022

Contents:

  1. Price for Sulphites; Other than of Sodium in Iran (CIF) - 2022
  2. Price for Sulphites; Other than of Sodium in Iran (FOB) - 2022
  3. Imports of Sulphites; Other than of Sodium in Iran
  4. Exports of Sulphites; Other than of Sodium in Iran

Price for Sulphites; Other than of Sodium in Iran (CIF) - 2022

In 2022, the average import price for sulphites; other than of sodia amounted to $2,872 per ton, growing by 14% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 197%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,529 per ton), while the price for the United Arab Emirates ($1,250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphites; Other than of Sodium in Iran (FOB) - 2022

In 2022, the average export price for sulphites; other than of sodia amounted to $484 per ton, which is down by -24.8% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2015 an increase of 80% against the previous year. Over the period under review, the average export prices reached the maximum at $951 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($966 per ton), while the average price for exports to Tajikistan ($466 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 Azerbaijan (+22.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphites; Other than of Sodium in Iran

In 2022, supplies from abroad of sulphites; other than of sodia was finally on the rise to reach 30 tons after two years of decline. Over the period under review, imports, however, saw a abrupt descent.

In value terms, sulphites; other than of sodium imports soared to $87K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. As a result, imports attained the peak of $114K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Sulphites; Other than of Sodium in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India34.362.631.462.121.9%
China13.616.18.818.911.6%
Turkey24.132.819.71.5-60.4%
ItalyN/AN/AN/A1.50%
United Arab Emirates0.80.90.51.07.7%
Others1.41.30.52.318.0%
Total74.111460.987.35.6%

Top Suppliers of Sulphites; Other than of Sodium to Iran in 2022:

  1. India (17.6 tons)
  2. China (9.8 tons)
  3. Turkey (0.8 tons)
  4. United Arab Emirates (0.8 tons)
  5. Italy (0.6 tons)

Exports of Sulphites; Other than of Sodium in Iran

In 2022, sulphites; other than of sodium exports from Iran amounted to 41 tons, surging by 7.4% against the previous year's figure. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 47% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphites; other than of sodium exports fell dramatically to $20K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year. As a result, the exports reached the peak of $25K, and then shrank markedly in the following year.

Export of Sulphites; Other than of Sodium in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia4.710.810.710.832.0%
KyrgyzstanN/AN/A1.67.3356.3%
TajikistanN/AN/A4.00.9-77.5%
Turkey3.43.40.80.6-43.9%
Azerbaijan1.31.00.10.2-46.4%
RussiaN/AN/A1.6N/A0%
BelarusN/AN/A3.5N/A0%
OthersN/AN/A2.3N/A0%
Total9.315.224.619.928.9%

Top Export Markets for Sulphites; Other than of Sodium from Iran in 2022:

  1. Armenia (22.5 tons)
  2. Kyrgyzstan (15.2 tons)
  3. Tajikistan (2.0 tons)
  4. Turkey (1.2 tons)
  5. Azerbaijan (0.2 tons)

Source: IndexBox Market Intelligence Platform

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