Sulphides; of Sodium Price in Sri Lanka - 2021
Contents:
Sulphides; of Sodium Price in Sri Lanka (CIF) - 2022
The average sulphides; of sodium import price stood at $1,237 per ton in 2022, growing by 98% against the previous year. Over the period under review, the import price posted a resilient expansion. 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 Malaysia ($2,044 per ton), while the price for China ($855 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphides; of Sodium Imports in Sri Lanka
Sulphides; of sodium imports into Sri Lanka soared to 56 tons in 2022, with an increase of 238% on the previous year. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 499%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, sulphides; of sodium imports surged to $70K in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphides; of Sodium in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.7 | 3.4 | 1.6 | 16.5 | 186.7% |
| Malaysia | N/A | N/A | N/A | 15.0 | 0% |
| China | 0.6 | 1.2 | 1.0 | 13.7 | 183.7% |
| India | 0.2 | 3.5 | 1.2 | 10.5 | 274.4% |
| Iran | 0.3 | 1.4 | 0.7 | 6.9 | 184.4% |
| Germany | 0.5 | 1.9 | 0.8 | 6.1 | 130.2% |
| United Arab Emirates | 0.7 | 3.5 | 1.7 | N/A | 55.8% |
| Mexico | 1.5 | 7.0 | 3.3 | N/A | 48.3% |
| Others | N/A | 0.1 | N/A | 0.9 | 200.0% |
| Total | 4.4 | 21.9 | 10.4 | 69.6 | 151.0% |
Top Suppliers of Sulphides; of Sodium to Sri Lanka in 2022:
- China (16.0 tons)
- Thailand (15.0 tons)
- India (8.1 tons)
- Malaysia (7.3 tons)
- Iran (5.9 tons)
- Germany (3.5 tons)
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