Price for Sodium Sulphates; Other than Disodium Sulphate in India - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in India (FOB) - 2022
- Price for Sodium Sulphates; Other than Disodium Sulphate in India (CIF) - 2022
- Exports of Sodium Sulphates; Other than Disodium Sulphate in India
- Imports of Sodium Sulphates; Other than Disodium Sulphate in India
Price for Sodium Sulphates; Other than Disodium Sulphate in India (FOB) - 2022
The average export price for sodium sulphates; other than disodium sulphates stood at $508 per ton in 2022, with an increase of 16% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 37% against the previous year. The export price peaked at $1,045 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($1,795 per ton), while the average price for exports to Sri Lanka ($150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sodium Sulphates; Other than Disodium Sulphate in India (CIF) - 2022
In 2022, the average import price for sodium sulphates; other than disodium sulphates amounted to $558 per ton, falling by -15.2% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 an increase of 52%. Over the period under review, average import prices reached the maximum at $658 per ton in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($5,064 per ton), while the price for China ($267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Sodium Sulphates; Other than Disodium Sulphate in India
Exports of sodium sulphates; other than disodium sulphates from India contracted dramatically to 2K tons in 2022, with a decrease of -53.4% on 2021. Overall, exports recorded a slight slump. The most prominent rate of growth was recorded in 2021 when exports increased by 133% against the previous year. As a result, the exports reached the peak of 4.4K tons, and then declined dramatically in the following year.
In value terms, exports of sodium sulphates; other than disodium sulphates dropped remarkably to $1M in 2022. Over the period under review, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 219% against the previous year. As a result, the exports attained the peak of $1.9M, and then fell rapidly in the following year.
| Export of Sodium Sulphates; Other than Disodium Sulphate in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 119 | 127 | 148 | 119 | 0.0% |
| Ethiopia | 0.1 | N/A | N/A | 114 | 944.6% |
| Bangladesh | 129 | 98.5 | 224 | 104 | -6.9% |
| United Arab Emirates | 17.9 | 111 | 82.4 | 64.6 | 53.4% |
| Sri Lanka | 8.4 | 14.0 | 157 | 52.3 | 84.0% |
| Nepal | 135 | 34.6 | 44.8 | 48.6 | -28.9% |
| Saudi Arabia | 56.9 | N/A | 24.9 | 42.8 | -9.1% |
| Yemen | N/A | N/A | N/A | 25.6 | 0% |
| Myanmar | 0.6 | 44.4 | 75.9 | 23.3 | 238.6% |
| Kenya | 17.3 | 19.3 | 22.8 | 9.5 | -18.1% |
| Tanzania | 91.7 | 0.1 | 98.9 | 6.5 | -58.6% |
| Others | 213 | 152 | 1,035 | 423 | 25.7% |
| Total | 790 | 600 | 1,914 | 1,033 | 9.4% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from India in 2022:
- Bangladesh (646.1 tons)
- Sri Lanka (349.0 tons)
- United Arab Emirates (248.6 tons)
- Nepal (97.1 tons)
- Ethiopia (92.1 tons)
- Yemen (90.0 tons)
- Myanmar (70.1 tons)
- South Africa (66.3 tons)
- Kenya (54.0 tons)
- Saudi Arabia (46.7 tons)
- Tanzania (41.4 tons)
Imports of Sodium Sulphates; Other than Disodium Sulphate in India
For the third year in a row, India recorded decline in supplies from abroad of sodium sulphates; other than disodium sulphates, which decreased by -32.1% to 904 tons in 2022. In general, imports recorded a dramatic downturn. The smallest decline of -15% was in 2021.
In value terms, imports of sodium sulphates; other than disodium sulphates fell sharply to $504K in 2022. Overall, imports continue to indicate a precipitous decrease. The smallest decline of -1.2% was in 2021.
| Import of Sodium Sulphates; Other than Disodium Sulphate in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 968 | 338 | 325 | 212 | -39.7% |
| United States | 237 | 271 | 401 | 194 | -6.5% |
| Singapore | 6.2 | 8.0 | 4.4 | 70.9 | 125.3% |
| Germany | 595 | 123 | 97.9 | 3.7 | -81.6% |
| France | 93.0 | 55.1 | 20.8 | 3.1 | -67.8% |
| Others | 24.7 | 89.1 | 26.4 | 19.7 | -7.3% |
| Total | 1,924 | 885 | 875 | 504 | -36.0% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to India in 2022:
- China (796.3 tons)
- United States (71.5 tons)
- Singapore (14.0 tons)
- France (13.3 tons)
- Germany (0.8 tons)
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