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

Contents:

1. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Pakistan (CIF) - 2022
2. Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Pakistan

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

In 2022, the average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate amounted to $3,371 per ton, increasing by 8.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2016 an increase of 43% against the previous year. As a result, import price reached the peak level of $3,891 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,016 per ton), while the price for China totaled $3,296 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.1%).

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

For the fourth consecutive year, Pakistan recorded growth in supplies from abroad of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate, which increased by 18% to 276 tons in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.9% 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 +85.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate skyrocketed to $930K in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. China (263.8 tons)
2. United States (12.0 tons)

Source: IndexBox Market Intelligence Platform