Price for Sodium Sulphates; Disodium Sulphate in Sri Lanka - 2021
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Sri Lanka (CIF) - 2022
- Price for Sodium Sulphates; Disodium Sulphate in Sri Lanka (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Sri Lanka
- Exports of Sodium Sulphates; Disodium Sulphate in Sri Lanka
Price for Sodium Sulphates; Disodium Sulphate in Sri Lanka (CIF) - 2022
The average sodium sulphates; disodium sulphate import price stood at $97 per ton in 2022, rising by 2.4% against the previous year. In general, the import price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 22% against the previous year. The import price peaked at $167 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($232 per ton), while the price for China ($83 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.3%), while the prices for the other major suppliers experienced a decline.
Price for Sodium Sulphates; Disodium Sulphate in Sri Lanka (FOB) - 2022
In 2022, the average sodium sulphates; disodium sulphate export price amounted to $180 per ton, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate notable growth. The growth pace was the most rapid in 2015 an increase of 234% against the previous year. As a result, the export price reached the peak level of $519 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.6% per year.
Imports of Sodium Sulphates; Disodium Sulphate in Sri Lanka
In 2022, imports of sodium sulphates; disodium sulphates into Sri Lanka surged to 83K tons, picking up by 90% against 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sodium sulphates; disodium sulphate imports skyrocketed to $8M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Disodium Sulphate in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 4.3 | 2.9 | 5.6 | 11.9% |
| India | N/A | 0.1 | 0.7 | 1.7 | 312.3% |
| Indonesia | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
| Others | 0.4 | 0.5 | 0.3 | 0.2 | -20.6% |
| Total | 4.5 | 5.0 | 4.1 | 8.0 | 21.1% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Sri Lanka in 2022:
- China (67.5K tons)
- India (7.5K tons)
- Indonesia (6.4K tons)
Exports of Sodium Sulphates; Disodium Sulphate in Sri Lanka
After two years of decline, overseas shipments of sodium sulphates; disodium sulphates increased by 23% to 104 tons in 2022. In general, exports, however, continue to indicate a deep contraction.
In value terms, sodium sulphates; disodium sulphate exports surged to $19K in 2022. Over the period under review, exports, however, showed a deep contraction.
| Export of Sodium Sulphates; Disodium Sulphate in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.5 | 1.4 | 15.3 | 18.7 | 8.8% |
| Myanmar | 14.6 | N/A | N/A | N/A | 0% |
| Ethiopia | N/A | 20.6 | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 29.1 | 22.2 | 15.3 | 18.7 | -13.7% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Sri Lanka in 2022:
- India (104.0 tons)
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