Price for Sodium Sulphates; Disodium Sulphate in Qatar - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Qatar (CIF) - 2023
- Imports of Sodium Sulphates; Disodium Sulphate in Qatar
Price for Sodium Sulphates; Disodium Sulphate in Qatar (CIF) - 2023
The average sodium sulphates; disodium sulphate import price stood at $186 per ton in August 2023, approximately equating the previous month. Over the period under review, the import price showed a slight curtailment. The most prominent rate of growth was recorded in June 2023 an increase of 7.7% m-o-m. Over the period under review, average import prices hit record highs at $230 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From August 2022 to August 2023, the rate of growth in terms of prices for India amounted to +2.2% per month.
Imports of Sodium Sulphates; Disodium Sulphate in Qatar
For the fourth year in a row, Qatar recorded growth in overseas purchases of sodium sulphates; disodium sulphates, which increased by 26% to 13K tons in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sodium sulphates; disodium sulphate imports skyrocketed to $2.3M in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Disodium Sulphate in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 335 | 391 | 1,410 | 1,977 | 80.7% |
| China | 840 | 731 | 14.4 | 313 | -28.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,175 | 1,122 | 1,425 | 2,291 | 24.9% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Qatar in 2022:
- India (12.1K tons)
- China (1.4K tons)
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