Alkali Metals; Sodium Price in Iran - 2022

Contents:

  1. Alkali Metals; Sodium Price in Iran (CIF) - 2022
  2. Alkali Metals; Sodium Price in Iran (FOB) - 2022
  3. Alkali Metals; Sodium Imports in Iran
  4. Alkali Metals; Sodium Exports in Iran

Alkali Metals; Sodium Price in Iran (CIF) - 2022

In 2022, the average alkali metals; sodium import price amounted to $8,696 per ton, surging by 20% against the previous year. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 332% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23,474 per ton), while the price for India ($631 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Alkali Metals; Sodium Price in Iran (FOB) - 2022

The average alkali metals; sodium export price stood at $1,921 per ton in 2020, picking up by 11% against the previous year. In general, the export price, however, recorded a significant decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 44%. As a result, the export price attained the peak level of $17,144 per ton. From 2015 to 2020, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2013 to 2020, the rate of growth in terms of prices for Turkey amounted to +11.4% per year.

Alkali Metals; Sodium Imports in Iran

Alkali metals; sodium imports into Iran skyrocketed to 2.6 tons in 2022, jumping by 86% compared with 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 115%. As a result, imports attained the peak of 5.7 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, alkali metals; sodium imports skyrocketed to $22K in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 256%. As a result, imports reached the peak of $35K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Alkali Metals; Sodium in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.616.35.68.916.7%
China1.713.53.12.818.1%
Turkey1.22.20.40.7-16.4%
Spain0.91.90.40.5-17.8%
India0.40.80.20.2-20.6%
OthersN/AN/A0.49.42250.0%
Total9.834.810.122.431.7%

Top Suppliers of Alkali Metals; Sodium to Iran in 2022:

  1. Turkey (739.0 kg)
  2. China (534.0 kg)
  3. Germany (380.0 kg)
  4. India (268.0 kg)
  5. Spain (59.0 kg)

Alkali Metals; Sodium Exports in Iran

Alkali metals; sodium exports from Iran soared to 18 tons in 2020, rising by 157% against 2019 figures. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, alkali metals; sodium exports soared to $34K in 2020. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Alkali Metals; Sodium in Iran (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Turkey11.934.0185.7%
OthersN/AN/A0%
Total11.934.0185.7%

Top Export Markets for Alkali Metals; Sodium from Iran in 2022:

  1. Turkey (17.7 tons)

Source: IndexBox Market Intelligence Platform

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