Price for Salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate in Sri Lanka - 2022

Contents:

1. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Sri Lanka (CIF) - 2022
2. Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Sri Lanka

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Sri Lanka (CIF) - 2022

The average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $4,374 per ton in 2022, increasing by 44% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate increased by +44.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,484 per ton), while the price for India totaled $4,022 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.2%), while the prices for the other major suppliers experienced a decline.

Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Sri Lanka

After three years of growth, supplies from abroad of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate decreased by -59.5% to 20 tons in 2022. In general, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2021 with an increase of 102% against the previous year. As a result, imports attained the peak of 49 tons, and then contracted rapidly in the following year.

In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate declined rapidly to $88K in 2022. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. As a result, imports attained the peak of $150K, and then fell significantly in the following year.

Top Suppliers of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate to Sri Lanka in 2022:

1. United States (15.0 tons)
2. India (5.0 tons)

Source: IndexBox Market Intelligence Platform