Chlorates; of Sodium Price in China - 2023

Contents:

  1. Chlorates; of Sodium Price in China (FOB) - 2023
  2. Chlorates; of Sodium Price in China (CIF) - 2022
  3. Chlorates; of Sodium Exports in China
  4. Chlorates; of Sodium Imports in China

Chlorates; of Sodium Price in China (FOB) - 2023

In September 2023, the average chlorates; of sodium export price amounted to $673 per ton, surging by 6.1% against the previous month. Over the period under review, the export price, however, showed a mild reduction. The pace of growth was the most pronounced in February 2023 an increase of 23% m-o-m. As a result, the export price reached the peak level of $969 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($818 per ton), while the average price for exports to Japan ($420 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.8%), while the prices for the other major destinations experienced a decline.

Chlorates; of Sodium Price in China (CIF) - 2022

In 2022, the average chlorates; of sodium import price amounted to $596 per ton, rising by 6.8% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2015 an increase of 107% against the previous year. The import price peaked at $2,690 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($835 per ton), while the price for Canada ($537 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+22.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Chlorates; of Sodium Exports in China

In 2022, after two years of decline, there was significant growth in shipments abroad of chlorates; of sodia, when their volume increased by 417% to 42K tons. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorates; of sodium exports soared to $34M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chlorates; of Sodium in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A12.80%
Thailand2.72.01.85.728.3%
BelarusN/AN/AN/A5.50%
LithuaniaN/AN/AN/A1.80%
Japan1.71.51.71.81.9%
South KoreaN/AN/AN/A1.60%
Vietnam0.10.10.30.791.3%
India1.0N/AN/A0.6-15.7%
Others1.81.80.73.524.8%
Total7.35.54.634.167.2%

Top Export Markets for Chlorates; of Sodium from China in 2022:

  1. Russia (12.9K tons)
  2. Thailand (8.5K tons)
  3. Belarus (6.9K tons)
  4. South Korea (3.3K tons)
  5. Japan (2.5K tons)
  6. Lithuania (1.9K tons)
  7. Vietnam (0.9K tons)
  8. India (0.7K tons)

Chlorates; of Sodium Imports in China

In 2022, purchases abroad of chlorates; of sodia decreased by -17.6% to 2.8K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 11,788% against the previous year. As a result, imports attained the peak of 5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, chlorates; of sodium imports declined to $1.6M in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 11,221% against the previous year. As a result, imports reached the peak of $2.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Chlorates; of Sodium in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A6670%
United States24.6655757516175.8%
UruguayN/A605N/A292-30.5%
FinlandN/A9691,112170-58.1%
SwedenN/A601N/AN/A0%
Others0.59.5N/A0.2-26.3%
Total25.12,8391,8691,645303.2%

Top Suppliers of Chlorates; of Sodium to China in 2022:

  1. Canada (1241.9 tons)
  2. United States (917.8 tons)
  3. Uruguay (350.0 tons)
  4. Finland (250.0 tons)

Source: IndexBox Market Intelligence Platform

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