Price for Salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate in China - 2023

Contents:

1. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in China (FOB) - 2023
2. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in China (CIF) - 2022
3. Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in China
4. Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in China

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in China (FOB) - 2023

In December 2023, the average export price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate amounted to $1,763 per ton, falling by -14.6% against the previous month. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in February 2023 an increase of 4.7% month-to-month. Over the period under review, the average export prices attained the peak figure at $2,486 per ton in March 2023; however, from April 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Japan ($2,576 per ton), while the average price for exports to Vietnam ($1,531 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.5%), while the prices for the other major destinations experienced a decline.

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in China (CIF) - 2022

The average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $39,801 per ton in 2022, picking up by 21% against the previous year. Over the period under review, the import price, however, saw a slight reduction. The growth pace was the most rapid in 2020 an increase of 111% against the previous year. The import price peaked at $52,462 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($49,667 per ton), while the price for Japan ($35,020 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.9%), while the prices for the other major suppliers experienced a decline.

Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in China

In 2022, shipments abroad of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate decreased by -15.4% to 12K tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 36% against the previous year. As a result, the exports reached the peak of 16K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate reduced to $33M in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 24%.

Top Export Markets for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate from China in 2022:

1. Vietnam (3722.0 tons)
2. Thailand (1635.0 tons)
3. Bangladesh (894.0 tons)
4. Japan (714.0 tons)
5. Iran (564.2 tons)
6. Poland (377.9 tons)
7. Turkey (375.5 tons)
8. Taiwan (Chinese) (360.1 tons)
9. Indonesia (337.4 tons)
10. Pakistan (333.8 tons)
11. Saudi Arabia (270.0 tons)
12. Egypt (243.2 tons)
13. Russia (214.6 tons)

Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in China

In 2022, the amount of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate imported into China surged to 292 kg, growing by 71% compared with 2021 figures. Over the period under review, imports, however, faced a precipitous curtailment.

In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate surged to $12K in 2022. In general, imports, however, showed a deep setback.

Top Suppliers of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate to China in 2022:

1. United States (234.0 kg)
2. Japan (49.0 kg)
3. Germany (9.0 kg)

Source: IndexBox Market Intelligence Platform