Sulphites; of Sodium Price in Sri Lanka - 2021
Contents:
- Sulphites; of Sodium Price in Sri Lanka (CIF) - 2022
- Sulphites; of Sodium Price in Sri Lanka (FOB) - 2022
- Sulphites; of Sodium Imports in Sri Lanka
- Sulphites; of Sodium Exports in Sri Lanka
Sulphites; of Sodium Price in Sri Lanka (CIF) - 2022
The average sulphites; of sodium import price stood at $505 per ton in 2022, increasing by 3.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 36% against the previous year. The import price peaked at $616 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($1,094 per ton), while the price for Indonesia ($359 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; of Sodium Price in Sri Lanka (FOB) - 2022
In 2022, the average sulphites; of sodium export price amounted to $4,772 per ton, remaining stable against the previous year. Over the period under review, the export price showed a significant expansion. The growth pace was the most rapid in 2014 when the average export price increased by 291%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2013 to 2022, the rate of growth in terms of prices for Maldives amounted to +29.2% per year.
Sulphites; of Sodium Imports in Sri Lanka
Sulphites; of sodium imports into Sri Lanka surged to 2K tons in 2022, jumping by 371% on the year before. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; of sodium imports skyrocketed to $1M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; of Sodium in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 132 | 74.9 | 129 | 800 | 82.3% |
| Germany | 20.9 | 14.4 | 16.5 | 97.7 | 67.2% |
| Thailand | 18.5 | 5.8 | 13.5 | 43.4 | 32.9% |
| Hong Kong SAR | 8.3 | 7.6 | 9.5 | 42.9 | 72.9% |
| Indonesia | 4.0 | 2.0 | 6.9 | 15.0 | 55.4% |
| Others | 17.2 | 11.4 | 30.4 | 7.5 | -24.2% |
| Total | 201 | 116 | 206 | 1,006 | 71.1% |
Top Suppliers of Sulphites; of Sodium to Sri Lanka in 2022:
- China (1641.0 tons)
- Thailand (119.4 tons)
- Germany (104.1 tons)
- Hong Kong SAR (79.0 tons)
- Indonesia (41.8 tons)
Sulphites; of Sodium Exports in Sri Lanka
Sulphites; of sodium exports from Sri Lanka reduced markedly to 145 kg in 2022, with a decrease of -50% against 2021. Over the period under review, exports continue to indicate a significant curtailment.
In value terms, sulphites; of sodium exports contracted sharply to $692 in 2022. In general, exports faced a significant decrease.
| Export of Sulphites; of Sodium in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Maldives | 1.4 | 0.7 | -50.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1.4 | 0.7 | -50.0% | ||
Top Export Markets for Sulphites; of Sodium from Sri Lanka in 2022:
- Maldives (145.0 kg)
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