Price for Salts of Oxometallic or Peroxometallic Acids in Saudi Arabia - 2022

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Saudi Arabia (FOB) - 2022
2. Exports of Salts of Oxometallic or Peroxometallic Acids in Saudi Arabia

Price for Salts of Oxometallic or Peroxometallic Acids in Saudi Arabia (FOB) - 2022

In 2022, the average export price for salts of oxometallic or peroxometallic acidses amounted to $1,286 per ton, dropping by -12.2% against the previous year. Overall, the export price recorded a perceptible slump. The growth pace was the most rapid in 2017 when the average export price increased by 76%. As a result, the export price attained the peak level of $2,769 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,822 per ton), while the average price for exports to Egypt ($990 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 Algeria (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Salts of Oxometallic or Peroxometallic Acids in Saudi Arabia

In 2022, approx. 1.2K tons of salts of oxometallic or peroxometallic acidses were exported from Saudi Arabia; growing by 15% against 2021. The total export volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of salts of oxometallic or peroxometallic acidses amounted to $1.6M in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. As a result, the exports attained the peak of $1.6M; afterwards, it flattened through to 2022.

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Saudi Arabia in 2022:

1. Tunisia (639.4 tons)
2. Bahrain (421.8 tons)
3. Egypt (138.0 tons)

Source: IndexBox Market Intelligence Platform