Cerium Compounds Price in Saudi Arabia - 2021
Contents:
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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.4 | 3.7 | 0.6 | 6.9 | 158.4% |
United Kingdom | 0.8 | 13.3 | 5.6 | 6.6 | 102.1% |
United States | 0.3 | 5.9 | 2.4 | 2.8 | 110.5% |
Germany | 0.1 | 1.2 | 0.7 | 2.3 | 184.4% |
Spain | 0.1 | 0.9 | 0.4 | 0.5 | 71.0% |
China | N/A | N/A | 4.3 | N/A | 0% |
Others | 1.1 | 3.3 | 2.3 | 3.3 | 44.2% |
Total | 2.8 | 28.3 | 16.4 | 22.4 | 100.0% |
Top Suppliers of Cerium Compounds to Saudi Arabia in 2022:
- United Kingdom (860.0 kg)
- India (287.0 kg)
- Germany (60.0 kg)
- United States (57.0 kg)
- Spain (37.0 kg)
This report provides an in-depth analysis of the market for compounds of rare-earth metals in Saudi Arabia.
This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
This report provides an in-depth analysis of the market for compounds of rare-earth metals in Saudi Arabia.
This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
Explore the top import markets for compounds of rare-earth metals, including key statistics and import values for each country. Discover the importance of these materials in global industries and technology advancements.
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