Peroxoborates (Perborates) Price in Sri Lanka - 2021

Contents:

  1. Peroxoborates (Perborates) Price in Sri Lanka (CIF) - 2022
  2. Peroxoborates (Perborates) Imports in Sri Lanka

Peroxoborates (Perborates) Price in Sri Lanka (CIF) - 2022

In 2022, the average peroxoborates (perborates) import price amounted to $2,249 per ton, waning by -27.5% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 119%. Over the period under review, average import prices attained the peak figure at $6,861 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 India ($2,551 per ton), while the price for Slovenia ($957 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Peroxoborates (Perborates) Imports in Sri Lanka

In 2022, the amount of peroxoborates (perborates)s imported into Sri Lanka soared to 22 tons, rising by 42% on the previous year's figure. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 91% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, peroxoborates (perborates) imports expanded modestly to $50K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 57% against the previous year. As a result, imports reached the peak of $51K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Peroxoborates (Perborates) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.826.227.727.222.5%
Slovenia8.814.79.210.35.4%
China0.70.60.50.5-10.6%
Others8.19.310.811.612.7%
Total32.550.948.249.615.1%

Top Suppliers of Peroxoborates (Perborates) to Sri Lanka in 2022:

  1. Slovenia (10.7 tons)
  2. India (10.7 tons)
  3. China (0.3 tons)

Source: IndexBox Market Intelligence Platform

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