Price for Salts of Oxometallic or Peroxometallic Acids in Pakistan - 2023

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Pakistan (CIF) - 2023
2. Imports of Salts of Oxometallic or Peroxometallic Acids in Pakistan

Price for Salts of Oxometallic or Peroxometallic Acids in Pakistan (CIF) - 2023

In June 2023, the average import price for salts of oxometallic or peroxometallic acidses amounted to $1,705 per ton, falling by -7.1% against the previous month. In general, the import price continues to indicate a slight contraction. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 67% against the previous month. The import price peaked at $3,618 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($3,133 per ton), while the price for South Africa ($1,499 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Salts of Oxometallic or Peroxometallic Acids in Pakistan

In 2022, after three years of growth, there was significant decline in overseas purchases of salts of oxometallic or peroxometallic acidses, when their volume decreased by -45.8% to 1.8K tons. Overall, imports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of 3.2K tons, and then declined markedly in the following year.

In value terms, imports of salts of oxometallic or peroxometallic acidses reduced remarkably to $4M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of $5.2M, and then fell markedly in the following year.

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Pakistan in 2022:

1. Kazakhstan (955.4 tons)
2. China (324.3 tons)
3. South Africa (303.4 tons)
4. Russia (120.0 tons)

Source: IndexBox Market Intelligence Platform