Sulphides; of Sodium Price in India - 2023
Contents:
- Sulphides; of Sodium Price in India (CIF) - 2022
- Sulphides; of Sodium Price in India (FOB) - 2023
- Sulphides; of Sodium Imports in India
- Sulphides; of Sodium Exports in India
Sulphides; of Sodium Price in India (CIF) - 2022
The average sulphides; of sodium import price stood at $2,230 per ton in 2022, rising by 278% against the previous year. Overall, the import price posted strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($3,859 per ton), while the price for the United States ($615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphides; of Sodium Price in India (FOB) - 2023
In May 2023, the average sulphides; of sodium export price amounted to $721 per ton, increasing by 11% against the previous month. Over the period under review, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 28% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,147 per ton in July 2022; however, from August 2022 to May 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Sri Lanka ($983 per ton), while the average price for exports to Nigeria ($589 per ton) was amongst the lowest.
From July 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphides; of Sodium Imports in India
In 2022, the amount of sulphides; of sodia imported into India declined sharply to 108 tons, dropping by -92.7% on the year before. Overall, imports continue to indicate a dramatic decline. The smallest decline of -14.9% was in 2020.
In value terms, sulphides; of sodium imports fell dramatically to $241K in 2022. Over the period under review, imports saw a significant decline. The smallest decline of -25.3% was in 2020.
Import of Sulphides; of Sodium in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 32.4 | 6.2 | 179 | 190 | 80.3% |
China | 3,845 | 2,901 | 663 | 42.9 | -77.7% |
United States | 12.9 | 28.5 | 7.5 | 8.3 | -13.7% |
Others | 106 | 49.3 | 29.9 | 0.3 | -85.9% |
Total | 3,996 | 2,986 | 880 | 241 | -60.8% |
Top Suppliers of Sulphides; of Sodium to India in 2022:
- Germany (49.2 tons)
- China (45.1 tons)
- United States (13.5 tons)
Sulphides; of Sodium Exports in India
Sulphides; of sodium exports from India shrank markedly to 290 tons in 2022, waning by -27.9% on the year before. In general, exports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 7.6%.
In value terms, sulphides; of sodium exports contracted markedly to $187K in 2022. Over the period under review, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year.
Export of Sulphides; of Sodium in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nepal | 42.2 | 21.3 | 74.4 | 69.5 | 18.1% |
Nigeria | 25.2 | 26.9 | 21.8 | 34.2 | 10.7% |
Sri Lanka | 12.7 | 19.4 | 10.4 | 18.0 | 12.3% |
Jordan | N/A | N/A | 25.6 | 17.7 | -30.9% |
Yemen | N/A | N/A | N/A | 16.9 | 0% |
Australia | 10.0 | 34.1 | 21.7 | 10.7 | 2.3% |
Bangladesh | 137 | 68.7 | 63.7 | 4.5 | -68.0% |
Myanmar | 26.8 | 3.3 | 0.3 | N/A | -89.4% |
Saudi Arabia | 15.9 | N/A | N/A | N/A | 0% |
Others | 414 | 42.4 | 54.5 | 15.8 | -66.3% |
Total | 684 | 216 | 272 | 187 | -35.1% |
Top Export Markets for Sulphides; of Sodium from India in 2022:
- Nepal (122.0 tons)
- Nigeria (46.0 tons)
- Australia (43.0 tons)
- Jordan (22.1 tons)
- Yemen (22.0 tons)
- Sri Lanka (20.0 tons)
- Bangladesh (7.4 tons)
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