Price for Sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenated in Sri Lanka - 2022

Contents:

  1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka (CIF) - 2022
  2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka (FOB) - 2022
  3. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka
  4. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka (CIF) - 2022

In 2022, the average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $3,274 per ton, jumping by 86% against the previous year. Overall, the import price saw a perceptible increase. As a result, import price attained 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 France ($5,977 per ton), while the price for Germany ($1,866 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.3%), while the prices for the other major suppliers experienced a decline.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka (FOB) - 2022

In 2022, the average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $2,989 per ton, picking up by 62% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds increased by +101.0% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($5,456 per ton), while the average price for exports to Indonesia ($2,076 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 UK (+97.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka

For the third consecutive year, Sri Lanka recorded decline in supplies from abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds, which decreased by -9.2% to 93 tons in 2022. Overall, imports continue to indicate a abrupt slump.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds skyrocketed to $306K in 2022. In general, imports, however, enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15.949.448.187.376.4%
Malaysia3.42.11.069.2173.0%
FranceN/AN/AN/A53.80%
United Kingdom2.61.01.432.5132.1%
China9.010.812.431.652.0%
Belgium15.012.131.619.89.7%
Germany17.526.712.411.2-13.8%
Vietnam57.351.253.6N/A-3.3%
Singapore36.53.56.1N/A-59.1%
Others16.813.814.50.1-81.9%
Total17417118130620.7%

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Sri Lanka in 2022:

  1. India (36.8 tons)
  2. Malaysia (14.0 tons)
  3. China (10.6 tons)
  4. United Kingdom (9.2 tons)
  5. France (9.0 tons)
  6. Belgium (7.7 tons)
  7. Germany (6.0 tons)

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka

For the fourth consecutive year, Sri Lanka recorded growth in shipments abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds, which increased by 110% to 47 tons in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,074% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds surged to $140K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 747%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan1.58.626.264.6250.5%
Bangladesh1.33.42.264.5267.5%
Indonesia0.616.68.66.2117.8%
United KingdomN/AN/A3.34.433.3%
OthersN/A0.41.00.40.0%
Total3.429.141.2140245.3%

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Sri Lanka in 2022:

  1. Pakistan (22.0 tons)
  2. Bangladesh (21.0 tons)
  3. Indonesia (3.0 tons)
  4. United Kingdom (0.8 tons)

Source: IndexBox Market Intelligence Platform

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