Price for Sulphates; Alums; Peroxosulphates (Persulphates) in India - 2023

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in India (FOB) - 2022
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in India (CIF) - 2022
  3. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in India
  4. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in India

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in India (FOB) - 2022

The average sulphates; alums; peroxosulphates (persulphates) export price stood at $362 per ton in 2022, increasing by 3.6% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17% against the previous year. The export price peaked at $654 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($1,125 per ton), while the average price for exports to Jordan ($108 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 the Netherlands (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in India (CIF) - 2022

In 2022, the average sulphates; alums; peroxosulphates (persulphates) import price amounted to $1,223 per ton, surging by 19% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; alums; peroxosulphates (persulphates) import price increased by +111.1% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 77% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($6,015 per ton), while the price for Indonesia ($133 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in India

Sulphates; alums; peroxosulphates (persulphates) exports from India expanded markedly to 420K tons in 2022, surging by 9.9% against the previous year. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports expanded significantly to $152M in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.41.011.316.5127.6%
United States14.814.915.713.8-2.3%
Bangladesh3.45.18.510.143.8%
Saudi Arabia2.23.24.58.456.3%
Netherlands3.13.25.66.930.6%
United Arab Emirates3.31.83.76.122.7%
Sri Lanka1.41.43.54.951.8%
Poland1.61.73.54.945.2%
Tanzania2.72.53.03.25.8%
Oman0.60.31.33.172.9%
Kenya2.21.42.83.112.1%
Jordan0.30.51.42.294.3%
Qatar0.40.71.31.865.1%
Others41.236.067.467.217.7%
Total78.573.713415224.6%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from India in 2022:

  1. Bangladesh (68.3K tons)
  2. United Arab Emirates (31.9K tons)
  3. Saudi Arabia (30.4K tons)
  4. Tanzania (28.9K tons)
  5. Sri Lanka (25.7K tons)
  6. Oman (21.1K tons)
  7. Jordan (20.5K tons)
  8. Netherlands (17.4K tons)
  9. Kenya (15.5K tons)
  10. Qatar (15.3K tons)
  11. Brazil (14.6K tons)
  12. United States (13.7K tons)
  13. Poland (12.0K tons)

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in India

In 2022, purchases abroad of sulphates; alums; peroxosulphates (persulphates)s decreased by -15.7% to 37K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of 70K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports totaled $45M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.417.719.918.40.0%
Belgium3.65.95.47.125.4%
Japan2.62.12.43.49.4%
Germany1.82.43.43.221.1%
Italy0.81.21.82.035.7%
United States2.92.22.11.9-13.1%
Hong Kong SAR0.40.40.2N/A-29.3%
Others10.88.59.68.9-6.2%
Total41.340.544.845.02.9%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to India in 2022:

  1. China (29.2K tons)
  2. Italy (1.3K tons)
  3. Belgium (1.2K tons)
  4. United States (1.0K tons)
  5. Germany (1.0K tons)
  6. Japan (0.9K tons)
  7. Hong Kong SAR (0.2K tons)

Source: IndexBox Market Intelligence Platform

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