Chlorates; of Sodium Price in Pakistan - 2023

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

In 2022, the average chlorates; of sodium import price amounted to $1,522 per ton, jumping by 18% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorates; of sodium import price increased by +98.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 62%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,429 per ton), while the price for China amounted to $1,002 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.5%).

Chlorates; of Sodium Price in Pakistan (FOB) - 2022

In 2022, the average chlorates; of sodium export price amounted to $152 per ton, approximately mirroring the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 65% against the previous year. As a result, the export price reached the peak level of $270 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -0.9% per year.

Chlorates; of Sodium Imports in Pakistan

In 2022, approx. 152 tons of chlorates; of sodia were imported into Pakistan; waning by -10.7% compared with 2021 figures. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 200%. As a result, imports reached the peak of 170 tons, and then contracted in the following year.

In value terms, chlorates; of sodium imports expanded rapidly to $231K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 387% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Chlorates; of Sodium in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	N/A	2.4	132	135	650.0%
China	66.9	36.3	81.2	96.8	13.1%
Others	N/A	6.3	6.6	N/A	4.8%
Total	66.9	45.1	220	231	51.1%

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

China (96.6 tons)
United Arab Emirates (55.4 tons)

Chlorates; of Sodium Exports in Pakistan

After two years of decline, overseas shipments of chlorates; of sodia decreased by 0% to 767 tons in 2022. Over the period under review, exports saw a abrupt downturn. The smallest decline of 99.9% was in 2020.

In value terms, chlorates; of sodium exports stood at $117K in 2022. In general, exports saw a abrupt contraction. The smallest decline of 99.9% was in 2020.