Price for Alkali Metals; Other than Sodium in India - 2023

Contents:

  1. Price for Alkali Metals; Other than Sodium in India (CIF) - 2022
  2. Price for Alkali Metals; Other than Sodium in India (FOB) - 2022
  3. Imports of Alkali Metals; Other than Sodium in India
  4. Exports of Alkali Metals; Other than Sodium in India

Price for Alkali Metals; Other than Sodium in India (CIF) - 2022

In 2022, the average import price for alkali metals; other than sodia amounted to $22,808 per ton, with an increase of 13% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alkali metals; other than sodium import price decreased by -17.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 55%. Over the period under review, average import prices attained the maximum at $31,089 per ton in 2014; however, from 2015 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 Germany ($124,606 per ton), while the price for Hong Kong SAR ($8,309 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alkali Metals; Other than Sodium in India (FOB) - 2022

In 2022, the average export price for alkali metals; other than sodia amounted to $4,300 per ton, with an increase of 6% against the previous year. Over the period under review, the export price, however, saw a mild contraction. The pace of growth was the most pronounced in 2018 an increase of 67% against the previous year. Over the period under review, the average export prices reached the maximum at $5,381 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($12,482 per ton), while the average price for exports to Bangladesh ($1,448 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 France (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alkali Metals; Other than Sodium in India

In 2022, approx. 1.7K tons of alkali metals; other than sodia were imported into India; picking up by 132% on the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, alkali metals; other than sodium imports soared to $38M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alkali Metals; Other than Sodium in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.57.612.229.741.4%
Russia0.90.41.33.557.3%
Germany0.10.80.13.2217.5%
Hong Kong SAR0.40.20.30.40.0%
OthersN/A0.10.50.9200.0%
Total11.99.214.437.746.9%

Top Suppliers of Alkali Metals; Other than Sodium to India in 2022:

  1. China (1388.0 tons)
  2. Russia (165.9 tons)
  3. Hong Kong SAR (42.2 tons)
  4. Germany (25.7 tons)

Exports of Alkali Metals; Other than Sodium in India

In 2022, approx. 182 tons of alkali metals; other than sodia were exported from India; waning by -23.1% compared with 2021. In general, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 97% against the previous year.

In value terms, alkali metals; other than sodium exports fell significantly to $783K in 2022. Overall, exports saw a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 95% against the previous year.

Export of Alkali Metals; Other than Sodium in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1,692278470371-39.7%
ColombiaN/A35.0292160113.8%
United Arab Emirates2.9N/A1.3107232.9%
FranceN/AN/AN/A38.90%
China20.436.017.220.1-0.5%
Bangladesh0.12.8N/A15.6438.3%
Others12014118070.4-16.3%
Total1,834492961783-24.7%

Top Export Markets for Alkali Metals; Other than Sodium from India in 2022:

  1. Mexico (107.9 tons)
  2. Colombia (37.1 tons)
  3. Bangladesh (10.8 tons)
  4. United Arab Emirates (8.5 tons)
  5. China (5.0 tons)
  6. France (4.3 tons)

Source: IndexBox Market Intelligence Platform

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