Cerium Compounds Price in Saudi Arabia - 2021

Contents:

  1. Cerium Compounds Price in Saudi Arabia (CIF) - 2022
  2. Cerium Compounds Imports in Saudi Arabia

Cerium Compounds Price in Saudi Arabia (CIF) - 2022

The average cerium compounds import price stood at $16,777 per ton in 2022, picking up by 127% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. Over the period under review, average import prices hit record highs at $33,223 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($48,368 per ton), while the price for the UK ($7,709 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cerium Compounds Imports in Saudi Arabia

In 2022, overseas purchases of cerium compoundses decreased by -40% to 1.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 645%.

In value terms, cerium compounds imports soared to $22K in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 902%. As a result, imports attained the peak of $28K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Cerium Compounds in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.43.70.66.9158.4%
United Kingdom0.813.35.66.6102.1%
United States0.35.92.42.8110.5%
Germany0.11.20.72.3184.4%
Spain0.10.90.40.571.0%
ChinaN/AN/A4.3N/A0%
Others1.13.32.33.344.2%
Total2.828.316.422.4100.0%

Top Suppliers of Cerium Compounds to Saudi Arabia in 2022:

  1. United Kingdom (860.0 kg)
  2. India (287.0 kg)
  3. Germany (60.0 kg)
  4. United States (57.0 kg)
  5. Spain (37.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Saudi Arabia