Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Sri Lanka - 2022

Contents:

  1. Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Sri Lanka (CIF) - 2022
  2. Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Sri Lanka

Price for Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Sri Lanka (CIF) - 2022

The average import price for imides and their derivatives; other kinds, excluding saccharins stood at $5,652 per ton in 2022, which is down by -16.3% against the previous year. In general, import price indicated a notable 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, import price for imides and their derivatives; other kinds, excluding saccharins increased by +45.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $6,749 per ton, and then dropped rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,185 per ton), while the price for India amounted to $5,610 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%).

Imports of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Sri Lanka

In 2022, imports of imides and their derivatives; other kinds, excluding saccharins into Sri Lanka surged to 41 tons, growing by 196% against 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of imides and their derivatives; other kinds, excluding saccharins soared to $231K in 2022. Overall, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Imides and Their Derivatives; Other Kinds, Excluding Saccharin in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India69.81049.822046.6%
China27.733.236.19.3-30.5%
Singapore4.15.13.6N/A-6.3%
Others61.176.543.61.1-73.8%
Total16321993.123112.3%

Top Suppliers of Imides and Their Derivatives; Other Kinds, Excluding Saccharin to Sri Lanka in 2022:

  1. India (39.3 tons)
  2. China (1.5 tons)

Source: IndexBox Market Intelligence Platform

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