Price for Quinones; Other than Anthraquinone in Sri Lanka - 2022

Contents:

1. Price for Quinones; Other than Anthraquinone in Sri Lanka (CIF) - 2022
2. Price for Quinones; Other than Anthraquinone in Sri Lanka (FOB) - 2022
3. Imports of Quinones; Other than Anthraquinone in Sri Lanka
4. Exports of Quinones; Other than Anthraquinone in Sri Lanka

Price for Quinones; Other than Anthraquinone in Sri Lanka (CIF) - 2022

The average quinones; other than anthraquinone import price stood at $35,549 per ton in 2022, with an increase of 104% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2014 an increase of 222%. Over the period under review, average import prices reached the maximum at $184,860 per ton in 2015; however, from 2016 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 Indonesia ($126,341 per ton), while the price for India ($2,698 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Quinones; Other than Anthraquinone in Sri Lanka (FOB) - 2022

The average quinones; other than anthraquinone export price stood at $60,333 per ton in 2022, increasing by 6.5% against the previous year. Overall, the export price showed strong growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 404% against the previous year. As a result, the export price reached the peak level of $87,474 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +13.3% per year.

Imports of Quinones; Other than Anthraquinone in Sri Lanka

In 2022, approx. 233 kg of quinones; other than anthraquinones were imported into Sri Lanka; which is down by -94.6% against 2021 figures. Over the period under review, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 with an increase of 210% against the previous year. As a result, imports reached the peak of 4.3 tons, and then contracted significantly in the following year.

In value terms, quinones; other than anthraquinone imports contracted markedly to $8.3K in 2022. In general, imports recorded a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 174% against the previous year. As a result, imports attained the peak of $75K, and then reduced markedly in the following year.

Top Suppliers of Quinones; Other than Anthraquinone to Sri Lanka in 2022:

1. China (110.0 kg)
2. India (53.0 kg)
3. Indonesia (41.0 kg)
4. Singapore (11.0 kg)
5. Hong Kong SAR (11.0 kg)
6. South Korea (4.0 kg)

Exports of Quinones; Other than Anthraquinone in Sri Lanka

In 2022, the amount of quinones; other than anthraquinones exported from Sri Lanka totaled 3 kg, almost unchanged from 2021 figures. In general, exports saw a deep slump. The smallest decline of -20% was in 2020.

In value terms, quinones; other than anthraquinone exports rose remarkably to $181 in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 6.9% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Quinones; Other than Anthraquinone from Sri Lanka in 2022:

1. United Kingdom (3.0 kg)

Source: IndexBox Market Intelligence Platform