Sri Lanka - Sulphides, Polysulphides, Dithionites And Sulphoxylates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Sulphides, Polysulphides, Dithionites And Sulphoxylates - Market Analysis, Forecast, Size, Trends And Insights

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Price for Sulphides, Dithionites and Sulphoxylates in Sri Lanka - 2021

Contents:

  1. Price for Sulphides, Dithionites and Sulphoxylates in Sri Lanka (CIF) - 2022
  2. Price for Sulphides, Dithionites and Sulphoxylates in Sri Lanka (FOB) - 2022
  3. Imports of Sulphides, Dithionites and Sulphoxylates in Sri Lanka
  4. Exports of Sulphides, Dithionites and Sulphoxylates in Sri Lanka

Price for Sulphides, Dithionites and Sulphoxylates in Sri Lanka (CIF) - 2022

In 2022, the average sulphides, dithionites and sulphoxylates import price amounted to $1,942 per ton, jumping by 39% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides, dithionites and sulphoxylates import price increased by +51.6% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($5,263 per ton), while the price for Thailand ($1,099 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphides, Dithionites and Sulphoxylates in Sri Lanka (FOB) - 2022

The average sulphides, dithionites and sulphoxylates export price stood at $3,452 per ton in 2022, surging by 11% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides, dithionites and sulphoxylates export price decreased by -7.0% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of 32% against the previous year. The export price peaked at $3,712 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($5,835 per ton), while the average price for exports to Bangladesh ($1,518 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 India (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphides, Dithionites and Sulphoxylates in Sri Lanka

After three years of growth, supplies from abroad of sulphides, polysulphides, dithionites and sulphoxylates decreased by -28.3% to 953 tons in 2022. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. As a result, imports reached the peak of 1.3K tons, and then dropped remarkably in the following year.

In value terms, sulphides, dithionites and sulphoxylates imports shrank slightly to $1.9M in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 89%. As a result, imports attained the peak of $1.9M, leveling off in the following year.

Import of Sulphides, Dithionites and Sulphoxylates in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13825633988285.6%
India13322572963067.9%
Belgium203143141200-0.5%
Hong Kong SAR0.40.95.878.0479.9%
Thailand9.410.716.516.520.6%
Malaysia83.310417815.0-43.5%
South Korea25.931.652.2N/A42.0%
United Arab Emirates9.611.117.4N/A34.6%
Mexico19.221.833.6N/A32.3%
Others21117634729.2-48.3%
Total8339821,8591,85130.5%

Top Suppliers of Sulphides, Dithionites and Sulphoxylates to Sri Lanka in 2022:

  1. China (587.8 tons)
  2. India (249.7 tons)
  3. Belgium (68.4 tons)
  4. Thailand (15.0 tons)
  5. Hong Kong SAR (14.8 tons)
  6. Malaysia (7.3 tons)

Exports of Sulphides, Dithionites and Sulphoxylates in Sri Lanka

For the fourth year in a row, Sri Lanka recorded growth in overseas shipments of sulphides, polysulphides, dithionites and sulphoxylates, which increased by 4.9% to 18 tons in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, sulphides, dithionites and sulphoxylates exports soared to $62K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 56%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Sulphides, Dithionites and Sulphoxylates in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22.64.93.947.327.9%
BangladeshN/A39.849.511.5-46.2%
IndonesiaN/A0.10.23.6500.0%
Germany3.1N/AN/AN/A0%
Others3.2N/A0.1N/A-82.3%
Total28.844.953.762.429.4%

Top Export Markets for Sulphides, Dithionites and Sulphoxylates from Sri Lanka in 2022:

  1. India (8.1 tons)
  2. Bangladesh (7.6 tons)
  3. Indonesia (2.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sulphides, dithionites and sulphoxylates in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20134110 - Sulphides, polysulphides, whether or not chemically defined, d ithionites and sulphoxylates
  • Prodcom 20134120 -
  • Prodcom 20134111 -

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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