Carbonates; Strontium Carbonate Price in India - 2023
Contents:
- Carbonates; Strontium Carbonate Price in India (CIF) - 2022
- Carbonates; Strontium Carbonate Price in India (FOB) - 2022
- Carbonates; Strontium Carbonate Imports in India
- Carbonates; Strontium Carbonate Exports in India
Carbonates; Strontium Carbonate Price in India (CIF) - 2022
The average carbonates; strontium carbonate import price stood at $1,605 per ton in 2022, increasing by 75% against the previous year. In general, the import price posted strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($1,677 per ton) and Belgium ($1,644 per ton), while the price for Iran ($1,258 per ton) and Spain ($1,582 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Strontium Carbonate Price in India (FOB) - 2022
In 2022, the average carbonates; strontium carbonate export price amounted to $1,860 per ton, almost unchanged from the previous year. In general, the export price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 989% against the previous year. As a result, the export price attained the peak level of $55,541 per ton. From 2016 to 2022, 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 the UK.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +10.9% per year.
Carbonates; Strontium Carbonate Imports in India
In 2022, carbonates; strontium carbonate imports into India surged to 5.2K tons, jumping by 83% compared with the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; strontium carbonate imports skyrocketed to $8.3M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Strontium Carbonate in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,753 | 1,406 | 933 | 3,333 | 23.9% |
| Belgium | 81.0 | 840 | 750 | 1,957 | 189.1% |
| Germany | 1,006 | 578 | 466 | 1,669 | 18.4% |
| Spain | 46.8 | 643 | 275 | 791 | 156.6% |
| Iran | 180 | 36.3 | 159 | 414 | 32.0% |
| China | 88.3 | 82.5 | 6.1 | 142 | 17.2% |
| Others | 3.2 | 35.4 | 6.2 | 6.1 | 24.0% |
| Total | 3,157 | 3,621 | 2,596 | 8,312 | 38.1% |
Top Suppliers of Carbonates; Strontium Carbonate to India in 2022:
- Mexico (2070.5 tons)
- Belgium (1190.6 tons)
- Germany (995.0 tons)
- Spain (499.8 tons)
- Iran (329.1 tons)
- China (88.0 tons)
Carbonates; Strontium Carbonate Exports in India
In 2022, after three years of growth, there was significant decline in shipments abroad of carbonates; strontium carbonates, when their volume decreased by -63.2% to 9.8 tons. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,087%.
In value terms, carbonates; strontium carbonate exports reduced remarkably to $18K in 2022. Over the period under review, exports saw a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 51%. As a result, the exports attained the peak of $50K, and then declined notably in the following year.
| Export of Carbonates; Strontium Carbonate in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.5 | 0.5 | 0.6 | 18.2 | 231.4% |
| Spain | N/A | N/A | 29.8 | N/A | 0% |
| Syrian Arab Republic | N/A | N/A | 12.8 | N/A | 0% |
| Nepal | N/A | 29.5 | N/A | N/A | 0% |
| Bhutan | 32.0 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 1.7 | 2.3 | N/A | N/A | 35.3% |
| Others | 3.6 | 0.5 | 6.4 | N/A | 33.3% |
| Total | 37.7 | 32.8 | 49.7 | 18.2 | -21.6% |
Top Export Markets for Carbonates; Strontium Carbonate from India in 2022:
- United Kingdom (9.8 tons)
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