Price for Sodium Sulphates; Disodium Sulphate in Tanzania - 2022
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Tanzania (CIF) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Tanzania
Price for Sodium Sulphates; Disodium Sulphate in Tanzania (CIF) - 2022
The average sodium sulphates; disodium sulphate import price stood at $135 per ton in 2022, increasing by 18% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 an increase of 41%. Over the period under review, average import prices hit record highs at $210 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($212 per ton), while the price for India ($98 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+19.8%), while the prices for the other major suppliers experienced a decline.
Imports of Sodium Sulphates; Disodium Sulphate in Tanzania
In 2022, approx. 120K tons of sodium sulphates; disodium sulphates were imported into Tanzania; with an increase of 99% compared with 2021. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $16M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sodium Sulphates; Disodium Sulphate in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 4.7 | 4.2 | 8.1 | 28.7% |
| India | 2.1 | 1.5 | 1.9 | 7.0 | 49.4% |
| Hong Kong SAR | 0.1 | 0.1 | N/A | 0.6 | 81.7% |
| Indonesia | 0.5 | 0.3 | 0.2 | N/A | -36.8% |
| Others | 0.5 | 0.5 | 0.6 | 0.5 | 0.0% |
| Total | 6.9 | 7.1 | 6.9 | 16.2 | 32.9% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Tanzania in 2022:
- India (71.1K tons)
- China (44.6K tons)
- Hong Kong SAR (2.9K tons)
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