Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka - 2022
Contents:
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka (CIF) - 2022
- Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka (FOB) - 2022
- Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka
- Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka (CIF) - 2022
In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $1,052 per ton, with an increase of 6.2% against the previous year. In general, the import price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, average import prices attained the maximum at $1,334 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.3% per year.
Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka (FOB) - 2022
The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $3,400 per ton in 2022, rising by 6% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by +87.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 50%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Seychelles amounted to +7.1% per year.
Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka
In 2022, the amount of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses imported into Sri Lanka surged to 79 tons, increasing by 131% on 2021. In general, imports saw measured growth.
In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $83K in 2022. Over the period under review, imports recorded a strong increase.
| Import of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.7 | 49.3 | 16.0 | 82.1 | 26.4% |
| Hong Kong SAR | 13.1 | 15.5 | 8.9 | N/A | -17.6% |
| Thailand | N/A | 8.3 | 4.1 | N/A | -50.6% |
| Malaysia | 5.6 | 5.3 | 2.6 | N/A | -31.9% |
| Others | 3.1 | 5.2 | 2.3 | 1.3 | -25.1% |
| Total | 62.4 | 83.7 | 34.0 | 83.3 | 10.1% |
Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Sri Lanka in 2022:
- China (79.0 tons)
Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka
In 2022, approx. 100 kg of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses were exported from Sri Lanka; waning by -55.6% compared with the previous year. In general, exports faced a precipitous slump. The smallest decline of -34.1% was in 2020.
In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses fell remarkably to $340 in 2022. Overall, exports continue to indicate a dramatic slump. The smallest decline of -22% was in 2020.
| Export of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 233 | 208 | 209 | 340 | 13.4% |
| Seychelles | 1,016 | 796 | 513 | N/A | -28.9% |
| Others | 38.0 | N/A | N/A | N/A | 0% |
| Total | 1,287 | 1,004 | 722 | 340 | -35.8% |
Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Sri Lanka in 2022:
- Maldives (100.0 kg)
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