Sulphites; Thiosulphates Price in Sri Lanka - 2021

Contents:

1. Sulphites; Thiosulphates Price in Sri Lanka (CIF) - 2022
2. Sulphites; Thiosulphates Price in Sri Lanka (FOB) - 2022
3. Sulphites; Thiosulphates Imports in Sri Lanka
4. Sulphites; Thiosulphates Exports in Sri Lanka

Sulphites; Thiosulphates Price in Sri Lanka (CIF) - 2022

In 2022, the average sulphites; thiosulphates import price amounted to $624 per ton, which is down by -3.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2019 when the average import price increased by 39% against the previous year. The import price peaked at $646 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($964 per ton), while the price for Germany ($479 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Price in Sri Lanka (FOB) - 2022

The average sulphites; thiosulphates export price stood at $2,653 per ton in 2022, falling by -16.7% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 93%. Over the period under review, the average export prices hit record highs at $3,547 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($2,898 per ton), while the average price for exports to Ethiopia ($804 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 Bangladesh (+11.3%), while the prices for the other major destinations experienced a decline.

Sulphites; Thiosulphates Imports in Sri Lanka

Sulphites; thiosulphates imports into Sri Lanka soared to 2.3K tons in 2022, increasing by 142% against the previous year. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; thiosulphates imports surged to $1.5M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; Thiosulphates to Sri Lanka in 2022:

1. China (1594.6 tons)
2. Germany (420.1 tons)
3. India (137.1 tons)
4. Hong Kong SAR (76.5 tons)
5. Thailand (45.0 tons)

Sulphites; Thiosulphates Exports in Sri Lanka

In 2022, the amount of sulphites; thiosulphateses exported from Sri Lanka skyrocketed to 184 tons, picking up by 74% against the year before. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 687%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, sulphites; thiosulphates exports surged to $488K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 838%. As a result, the exports reached the peak of $494K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Sulphites; Thiosulphates from Sri Lanka in 2022:

1. Bangladesh (159.2 tons)
2. Indonesia (15.7 tons)
3. Ethiopia (9.0 tons)

Source: IndexBox Market Intelligence Platform