Price for Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka - 2022
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka
Price for Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka (CIF) - 2022
The average import price for hydrogen, rare gases and other non-metalses stood at $1.4 per cubic meter in 2022, picking up by 298% against the previous year. Overall, the import price, however, saw a deep setback. Over the period under review, average import prices reached the peak figure at $3.4 per cubic meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the United Arab Emirates ($4.3 per cubic meter), while the price for Singapore ($0.5 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-13.5%), while the prices for the other major suppliers experienced a decline.
Price for Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka (FOB) - 2022
In 2022, the average export price for hydrogen, rare gases and other non-metalses amounted to $2.5 per cubic meter, picking up by 62% against the previous year. Over the period under review, the export price saw a temperate expansion. The growth pace was the most rapid in 2018 when the average export price increased by 93%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($2.5 per cubic meter), while the average price for exports to the United States totaled $0.2 per cubic meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+12.2%).
Imports of Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of hydrogen, rare gases and other non-metalses, when their volume decreased by -90.8% to 536K cubic meters. Overall, imports faced a significant decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 232%. As a result, imports reached the peak of 5.8M cubic meters, and then reduced rapidly in the following year.
In value terms, imports of hydrogen, rare gases and other non-metalses contracted notably to $741K in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. As a result, imports attained the peak of $2M, and then fell rapidly in the following year.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 326 | 181 | 222 | 182 | -17.7% |
| United States | 3.4 | 4.8 | 7.7 | 175 | 272.0% |
| United Arab Emirates | 202 | 327 | 387 | 143 | -10.9% |
| Singapore | 449 | 312 | 594 | 35.4 | -57.1% |
| Saudi Arabia | N/A | N/A | N/A | 35.0 | 0% |
| Germany | 26.5 | 8.9 | N/A | 32.7 | 7.3% |
| Others | 276 | 358 | 804 | 138 | -20.6% |
| Total | 1,284 | 1,191 | 2,015 | 741 | -16.7% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Sri Lanka in 2022:
- United States (198.2K cubic meters)
- India (98.2K cubic meters)
- Singapore (73.8K cubic meters)
- Saudi Arabia (72.1K cubic meters)
- Germany (51.5K cubic meters)
- United Arab Emirates (33.3K cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka
In 2022, overseas shipments of hydrogen, rare gases and other non-metalses decreased by -94.7% to 6K cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 142% against the previous year. As a result, the exports attained the peak of 114K cubic meters, and then shrank remarkably in the following year.
In value terms, exports of hydrogen, rare gases and other non-metalses shrank rapidly to $15K in 2022. In general, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 216%. As a result, the exports attained the peak of $175K, and then reduced notably in the following year.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 61.0 | N/A | 155 | 14.3 | -38.3% |
| United Arab Emirates | N/A | N/A | 2.5 | N/A | 0% |
| Germany | N/A | 23.3 | 7.6 | N/A | -67.4% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Oman | 4.6 | 8.4 | N/A | N/A | 82.6% |
| Others | 1.6 | 23.6 | 10.0 | 0.7 | -24.1% |
| Total | 67.3 | 55.3 | 175 | 14.9 | -39.5% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Sri Lanka in 2022:
- Maldives (5.8K cubic meters)
- United States (0.1K cubic meters)
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