Carbonates; Potassium Carbonate Price in Sri Lanka - 2021
Contents:
- Carbonates; Potassium Carbonate Price in Sri Lanka (CIF) - 2022
- Carbonates; Potassium Carbonate Imports in Sri Lanka
Carbonates; Potassium Carbonate Price in Sri Lanka (CIF) - 2022
In 2022, the average carbonates; potassium carbonate import price amounted to $1,670 per ton, with a decrease of -12.3% against the previous year. Overall, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. The import price peaked at $2,240 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5,339 per ton), while the price for China ($1,316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Carbonates; Potassium Carbonate Imports in Sri Lanka
In 2022, approx. 88 tons of carbonates; potassium carbonates were imported into Sri Lanka; increasing by 81% compared with the year before. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 102%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, carbonates; potassium carbonate imports surged to $146K in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 105%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Carbonates; Potassium Carbonate in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.6 | 6.5 | 23.2 | 92.3 | 99.6% |
| United States | N/A | N/A | N/A | 40.5 | 0% |
| India | 8.0 | 11.1 | 5.9 | 13.5 | 19.1% |
| Singapore | 23.6 | 27.6 | 31.6 | N/A | 15.7% |
| Others | N/A | N/A | 31.6 | 0.2 | -99.4% |
| Total | 43.2 | 45.1 | 92.4 | 146 | 50.1% |
Top Suppliers of Carbonates; Potassium Carbonate to Sri Lanka in 2022:
- China (70.1 tons)
- United States (15.0 tons)
- India (2.5 tons)
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