Sulphides; Polysulphides Price in China - 2023
Contents:
- Sulphides; Polysulphides Price in China (FOB) - 2022
- Sulphides; Polysulphides Price in China (CIF) - 2022
- Sulphides; Polysulphides Exports in China
- Sulphides; Polysulphides Imports in China
Sulphides; Polysulphides Price in China (FOB) - 2022
The average sulphides; polysulphides export price stood at $644 per ton in 2022, increasing by 51% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($778 per ton), while the average price for exports to the United States ($378 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 Russia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphides; Polysulphides Price in China (CIF) - 2022
In 2022, the average sulphides; polysulphides import price amounted to $7,353 per ton, rising by 6.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 43% against the previous year. As a result, import price attained the peak level of $8,015 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 Austria ($17,681 per ton), while the price for Brazil ($2,385 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphides; Polysulphides Exports in China
For the fourth year in a row, China recorded growth in overseas shipments of sulphides; polysulphideses, which increased by 14% to 319K tons in 2022. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphides; polysulphides exports soared to $206M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Sulphides; Polysulphides in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 12.5 | 13.0 | 9.7 | 20.9 | 18.7% |
South Korea | 7.7 | 7.1 | 8.6 | 11.3 | 13.6% |
Peru | 2.5 | 5.5 | 5.2 | 10.9 | 63.4% |
Tanzania | N/A | 0.3 | 6.2 | 8.5 | 432.3% |
Chile | 7.5 | 11.6 | 9.9 | 8.0 | 2.2% |
Pakistan | 2.3 | 0.7 | 1.4 | 7.0 | 44.9% |
Brazil | 4.4 | 4.1 | 5.1 | 6.2 | 12.1% |
United States | 1.8 | 1.5 | 1.6 | 6.0 | 49.4% |
Mongolia | 3.9 | 1.6 | 1.8 | 5.1 | 9.4% |
Thailand | 2.4 | 1.2 | 3.3 | 4.6 | 24.2% |
Bangladesh | 7.4 | 6.5 | 6.1 | 4.2 | -17.2% |
South Africa | 1.7 | 2.6 | 4.4 | 4.0 | 33.0% |
Japan | 1.8 | 1.5 | 2.6 | 3.9 | 29.4% |
Others | 56.8 | 42.7 | 54.1 | 105 | 22.7% |
Total | 113 | 99.9 | 120 | 206 | 22.2% |
Top Export Markets for Sulphides; Polysulphides from China in 2022:
- Russia (26.8K tons)
- South Korea (23.8K tons)
- United States (16.0K tons)
- Peru (14.1K tons)
- Tanzania (13.8K tons)
- Chile (13.0K tons)
- Pakistan (12.9K tons)
- Brazil (10.6K tons)
- Mongolia (7.6K tons)
- Bangladesh (7.4K tons)
- South Africa (6.8K tons)
- Japan (6.6K tons)
- Thailand (6.4K tons)
Sulphides; Polysulphides Imports in China
In 2022, after three years of growth, there was decline in supplies from abroad of sulphides; polysulphideses, when their volume decreased by less than 0.1% to 4K tons. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 17%. As a result, imports attained the peak of 4K tons, leveling off in the following year.
In value terms, sulphides; polysulphides imports rose rapidly to $29M in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Sulphides; Polysulphides in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.2 | 14.9 | 15.5 | 16.8 | 14.5% |
Austria | 4.9 | 5.3 | 6.3 | 7.6 | 15.8% |
Italy | 1.1 | 0.7 | 0.5 | 1.1 | 0.0% |
Japan | 1.0 | 1.0 | 1.9 | 0.7 | -11.2% |
Brazil | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
South Korea | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
Others | 2.6 | 2.0 | 2.6 | 2.4 | -2.6% |
Total | 21.5 | 24.5 | 27.3 | 29.1 | 10.6% |
Top Suppliers of Sulphides; Polysulphides to China in 2022:
- Germany (3028.0 tons)
- Austria (427.3 tons)
- Brazil (118.6 tons)
- Italy (96.5 tons)
- South Korea (93.0 tons)
- Japan (55.7 tons)
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