Price for Chlorates; Other than Sodium in India - 2023

Contents:

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

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

The average chlorates; other than sodium export price stood at $1,487 per ton in 2022, surging by 45% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($5,970 per ton), while the average price for exports to Djibouti ($1,234 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 Oman (+50.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average chlorates; other than sodium import price stood at $27,760 per ton in 2022, jumping by 266% against the previous year. Overall, the import price continues to indicate significant growth. The growth pace was the most rapid in 2021 when the average import price increased by 444%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($49,507 per ton), while the price for Germany totaled $24,394 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Chlorates; Other than Sodium in India

In 2022, shipments abroad of chlorates; other than sodia was finally on the rise to reach 2.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt downturn.

In value terms, chlorates; other than sodium exports surged to $3.9M in 2022. Overall, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chlorates; Other than Sodium in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico41154237765116.6%
Kenya43041537762213.1%
Thailand517145204386-9.3%
Ethiopia55.473.518334383.6%
Philippines297166374295-0.2%
Sri Lanka20842.529629111.8%
Indonesia21.042.285.8226120.8%
Ukraine91.064.810420731.5%
Egypt48.687.625.116750.9%
Bangladesh26.822.26.075.441.2%
Tanzania15916694.067.7-24.8%
DjiboutiN/A49.2N/A66.616.3%
South Africa240N/AN/AN/A0%
Others984557421551-17.6%
Total3,4892,3742,5473,9474.2%

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

  1. Mexico (482.0 tons)
  2. Kenya (450.0 tons)
  3. Thailand (280.0 tons)
  4. Ethiopia (243.0 tons)
  5. Philippines (210.0 tons)
  6. Sri Lanka (184.0 tons)
  7. Indonesia (150.6 tons)
  8. Ukraine (144.0 tons)
  9. Egypt (130.0 tons)
  10. Djibouti (54.0 tons)
  11. Tanzania (52.0 tons)
  12. Bangladesh (50.4 tons)

Imports of Chlorates; Other than Sodium in India

In 2022, supplies from abroad of chlorates; other than sodia decreased by -86.3% to 1.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 1,607% against the previous year. As a result, imports reached the peak of 956 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, chlorates; other than sodium imports shrank significantly to $49K in 2022. Overall, imports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 572%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Chlorates; Other than Sodium in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany44.321.031.037.4-5.5%
United States8.03.44.411.312.2%
Hong Kong SARN/A30.72.3N/A-92.5%
ChinaN/A799N/AN/A0%
Egypt25.1N/AN/AN/A0%
Netherlands10843249.9N/A-32.0%
Others12.446.510.60.5-65.7%
Total1981,33398.249.2-37.1%

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

  1. Germany (1534.0 kg)
  2. United States (229.0 kg)

Source: IndexBox Market Intelligence Platform

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