Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Sri Lanka - 2022

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Sri Lanka (CIF) - 2022
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Sri Lanka (FOB) - 2022
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Sri Lanka
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Sri Lanka

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Sri Lanka (CIF) - 2022

The average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $6,310 per ton in 2022, with an increase of 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 an increase of 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($6,581 per ton), while the price for France ($4,466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Sri Lanka (FOB) - 2022

In 2022, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $4,000 per ton, waning by -11.1% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 255% against the previous year. Over the period under review, the average export prices reached the maximum at $12,882 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($5,000 per ton), while the average price for exports to Maldives totaled $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+1.8%).

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Sri Lanka

In 2022, purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses decreased by -24.9% to 303 tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of 648 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses fell to $1.9M in 2022. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 16%. As a result, imports reached the peak of $2.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Sri Lanka in 2022:

1. India (219.1 tons)
2. China (59.1 tons)
3. France (24.0 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Sri Lanka

In 2022, approx. 2 kg of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses were exported from Sri Lanka; dropping by -50% against the previous year's figure. Over the period under review, exports recorded a significant contraction.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses declined markedly to $8 in 2022. In general, exports saw a dramatic curtailment.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Sri Lanka in 2022:

1. Maldives (1.0 kg)
2. India (1.0 kg)

Source: IndexBox Market Intelligence Platform