Price for Sodium Sulphates; Disodium Sulphate in Pakistan - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Pakistan (CIF) - 2023
- Price for Sodium Sulphates; Disodium Sulphate in Pakistan (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Pakistan
- Exports of Sodium Sulphates; Disodium Sulphate in Pakistan
Price for Sodium Sulphates; Disodium Sulphate in Pakistan (CIF) - 2023
The average sodium sulphates; disodium sulphate import price stood at $150 per ton in February 2023, picking up by 20% against the previous month. Overall, the import price, however, showed a slight descent. The import price peaked at $186 per ton in October 2022; however, from November 2022 to February 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2022 to February 2023, the rate of growth in terms of prices for China amounted to -0.8% per month.
Price for Sodium Sulphates; Disodium Sulphate in Pakistan (FOB) - 2022
In 2022, the average sodium sulphates; disodium sulphate export price amounted to $219 per ton, declining by -3.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the maximum at $324 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($280 per ton), while the average price for exports to Sri Lanka amounted to $197 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+3.0%).
Imports of Sodium Sulphates; Disodium Sulphate in Pakistan
In 2022, approx. 78K tons of sodium sulphates; disodium sulphates were imported into Pakistan; falling by -44% on the previous year. Overall, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports reached the peak of 139K tons, and then declined sharply in the following year.
In value terms, sodium sulphates; disodium sulphate imports dropped sharply to $13M in 2022. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of $17M, and then declined notably in the following year.
Import of Sodium Sulphates; Disodium Sulphate in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.4 | 10.4 | 15.6 | 10.7 | -9.4% |
India | 0.9 | 0.8 | 0.8 | 1.2 | 10.1% |
Austria | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
Others | 0.2 | 0.2 | 0.7 | 0.2 | 0.0% |
Total | 15.7 | 11.6 | 17.5 | 12.5 | -7.3% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Pakistan in 2022:
- China (71.7K tons)
- India (3.7K tons)
- Austria (1.9K tons)
Exports of Sodium Sulphates; Disodium Sulphate in Pakistan
In 2022, the amount of sodium sulphates; disodium sulphates exported from Pakistan fell remarkably to 10 tons, reducing by -33.3% on the year before. Overall, exports saw a deep slump. The growth pace was the most rapid in 2021 when exports increased by 200% against the previous year. As a result, the exports attained the peak of 15 tons, and then fell remarkably in the following year.
In value terms, sodium sulphates; disodium sulphate exports contracted sharply to $2.2K in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 247%. As a result, the exports reached the peak of $3.4K, and then plummeted in the following year.
Export of Sodium Sulphates; Disodium Sulphate in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | 0.7 | 0.4 | 2.3 | 1.5 | 28.9% |
Bangladesh | 1.1 | 0.6 | 1.0 | 0.7 | -14.0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 1.7 | 1.0 | 3.4 | 2.2 | 9.0% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from Pakistan in 2022:
- Sri Lanka (7.4 tons)
- Bangladesh (2.6 tons)
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