Alkali Metals; Sodium Price in Sri Lanka - 2021
Contents:
Alkali Metals; Sodium Price in Sri Lanka (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $5,665 per ton, surging by 116% against the previous year. Overall, the import price saw a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5,967 per ton), while the price for China stood at $5,570 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkali Metals; Sodium Imports in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of alkali metals; sodia, when their volume decreased by -95.2% to 263 kg. Overall, imports saw a sharp downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 404% against the previous year.
In value terms, alkali metals; sodium imports reduced sharply to $1.5K in 2022. Over the period under review, imports faced a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 263% against the previous year.
Import of Alkali Metals; Sodium in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.5 | 1.2 | 1.3 | 1.1 | 30.1% |
India | 1.2 | 3.9 | 6.5 | 0.4 | -30.7% |
United Kingdom | 0.5 | 3.2 | 6.3 | N/A | 255.0% |
Others | 0.1 | 0.2 | 0.5 | N/A | 123.6% |
Total | 2.3 | 8.4 | 14.5 | 1.5 | -13.3% |
Top Suppliers of Alkali Metals; Sodium to Sri Lanka in 2022:
- China (200.0 kg)
- India (63.0 kg)
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