Price for Salts of Oxometallic or Peroxometallic Acids in Sri Lanka - 2022

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Sri Lanka (CIF) - 2022
2. Price for Salts of Oxometallic or Peroxometallic Acids in Sri Lanka (FOB) - 2022
3. Imports of Salts of Oxometallic or Peroxometallic Acids in Sri Lanka
4. Exports of Salts of Oxometallic or Peroxometallic Acids in Sri Lanka

Price for Salts of Oxometallic or Peroxometallic Acids in Sri Lanka (CIF) - 2022

The average import price for salts of oxometallic or peroxometallic acidses stood at $4,085 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $4,180 per ton in 2020; however, from 2021 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 the United States ($4,603 per ton), while the price for China ($3,601 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced a decline.

Price for Salts of Oxometallic or Peroxometallic Acids in Sri Lanka (FOB) - 2022

The average export price for salts of oxometallic or peroxometallic acidses stood at $11,618 per ton in 2022, rising by 5.4% against the previous year. In general, the export price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2019 an increase of 101% against the previous year. The export price peaked at $13,106 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 -1.2% per year.

Imports of Salts of Oxometallic or Peroxometallic Acids in Sri Lanka

In 2022, purchases abroad of salts of oxometallic or peroxometallic acidses decreased by -37.3% to 45 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 49%.

In value terms, imports of salts of oxometallic or peroxometallic acidses fell remarkably to $183K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. As a result, imports reached the peak of $256K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Sri Lanka in 2022:

1. China (18.3 tons)
2. United States (15.5 tons)
3. India (10.8 tons)

Exports of Salts of Oxometallic or Peroxometallic Acids in Sri Lanka

For the third consecutive year, Sri Lanka recorded decline in shipments abroad of salts of oxometallic or peroxometallic acidses, which decreased by -73.8% to 55 kg in 2022. Over the period under review, exports showed a sharp slump. The smallest decline of -16.7% was in 2020.

In value terms, exports of salts of oxometallic or peroxometallic acidses fell rapidly to $639 in 2022. Overall, exports showed a sharp downturn. The smallest decline of -4.1% was in 2020.

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Sri Lanka in 2022:

1. Maldives (55.0 kg)

Source: IndexBox Market Intelligence Platform