Price for Chlorates; Other than Sodium in China - 2023
Contents:
- Price for Chlorates; Other than Sodium in China (FOB) - 2022
- Price for Chlorates; Other than Sodium in China (CIF) - 2022
- Exports of Chlorates; Other than Sodium in China
- Imports of Chlorates; Other than Sodium in China
Price for Chlorates; Other than Sodium in China (FOB) - 2022
In 2022, the average chlorates; other than sodium export price amounted to $1,435 per ton, rising by 35% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorates; other than sodium export price increased by +63.6% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 45%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($7,667 per ton), while the average price for exports to Thailand ($1,297 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Chlorates; Other than Sodium in China (CIF) - 2022
The average chlorates; other than sodium import price stood at $40,368 per ton in 2022, with an increase of 1,529% against the previous year. Over the period under review, the import price, however, continues to indicate a slight curtailment. Over the period under review, average import prices hit record highs at $49,027 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +42.1% per year.
Exports of Chlorates; Other than Sodium in China
In 2022, the amount of chlorates; other than sodia exported from China declined slightly to 16K tons, remaining constant against 2021. Over the period under review, exports recorded a perceptible setback.
In value terms, chlorates; other than sodium exports soared to $23M in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chlorates; Other than Sodium in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 3.8 | 4.9 | 4.5 | 5.7 | 14.5% |
| Mexico | 1.9 | 1.4 | 2.1 | 3.4 | 21.4% |
| Vietnam | 2.2 | 2.5 | 3.0 | 3.2 | 13.3% |
| Indonesia | 1.6 | 0.4 | 0.8 | 2.1 | 9.5% |
| Thailand | 4.5 | 2.7 | 2.7 | 2.1 | -22.4% |
| Guatemala | 0.5 | 0.4 | 0.8 | 1.1 | 30.1% |
| Russia | 0.7 | 0.6 | 0.7 | 1.0 | 12.6% |
| Kenya | N/A | 0.1 | 0.7 | 0.9 | 200.0% |
| Bangladesh | 0.6 | 0.6 | 0.2 | 0.7 | 5.3% |
| Egypt | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| Philippines | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Colombia | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Others | 1.1 | 2.0 | 1.2 | 1.6 | 13.3% |
| Total | 17.7 | 16.2 | 17.3 | 23.1 | 9.3% |
Top Export Markets for Chlorates; Other than Sodium from China in 2022:
- Pakistan (4.0K tons)
- Mexico (2.4K tons)
- Vietnam (2.2K tons)
- Thailand (1.7K tons)
- Indonesia (1.5K tons)
- Guatemala (0.8K tons)
- Russia (0.6K tons)
- Kenya (0.6K tons)
- Bangladesh (0.4K tons)
- Egypt (0.3K tons)
- Philippines (0.3K tons)
- Colombia (0.3K tons)
Imports of Chlorates; Other than Sodium in China
In 2022, overseas purchases of chlorates; other than sodia decreased by -98.3% to 19 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 461%. As a result, imports attained the peak of 1.1 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, chlorates; other than sodium imports reduced remarkably to $767 in 2022. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 155%. As a result, imports reached the peak of $3.4K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Chlorates; Other than Sodium in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 0.8 | 0% |
| United States | 1.1 | 3.4 | 2.8 | N/A | 59.5% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 1.3 | 3.4 | 2.8 | 0.8 | -14.9% |
Top Suppliers of Chlorates; Other than Sodium to China in 2022:
- Thailand (19.0 kg)
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