Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka - 2022

Contents:

1. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka (CIF) - 2022
2. Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka (FOB) - 2022
3. Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka
4. Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka (CIF) - 2022

In 2022, the average import price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses amounted to $1,910 per ton, increasing by 18% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 28%. The import price peaked at $2,496 per ton in 2016; however, from 2017 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 India ($2,713 per ton), while the price for China totaled $1,091 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%).

Price for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka (FOB) - 2022

In 2022, the average export price for chlorates and perchlorates; bromates and perbromates; iodates and periodateses amounted to $5,016 per ton, increasing by 82% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 114%. The export price peaked at $42,000 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -14.4% per year.

Imports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka

For the fourth consecutive year, Sri Lanka recorded growth in overseas purchases of chlorates and perchlorates; bromates and perbromates; iodates and periodateses, which increased by 2.8% to 368 tons in 2022. The total import volume increased at an average annual rate of +14.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses soared to $703K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates to Sri Lanka in 2022:

1. India (185.8 tons)
2. China (182.3 tons)
3. United Kingdom (0.1 tons)

Exports of Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates in Sri Lanka

In 2022, shipments abroad of chlorates and perchlorates; bromates and perbromates; iodates and periodateses decreased by -6.2% to 61 kg, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, the exports attained the peak of 67 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of chlorates and perchlorates; bromates and perbromates; iodates and periodateses skyrocketed to $306 in 2022. Overall, exports, however, enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Chlorates and Perchlorates; Bromates and Perbromates; Iodates and Periodates from Sri Lanka in 2022:

1. Maldives (61.0 kg)

Source: IndexBox Market Intelligence Platform