Price for Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka - 2022

Contents:

  1. Price for Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka (CIF) - 2022
  2. Price for Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka (FOB) - 2022
  3. Imports of Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka
  4. Exports of Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka

Price for Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka (CIF) - 2022

The average import price for sodium sulphates; other than disodium sulphates stood at $129 per ton in 2022, increasing by 9.6% against the previous year. Over the period under review, the import price, however, showed a noticeable decline. Over the period under review, average import prices hit record highs at $167 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($239 per ton), while the price for Austria ($86 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka (FOB) - 2022

In 2022, the average export price for sodium sulphates; other than disodium sulphates amounted to $1,285 per ton, which is down by -63.9% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 62%. As a result, the export price attained the peak level of $3,632 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($2,700 per ton), while the average price for exports to China stood at $1,217 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+21.1%).

Imports of Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka

Imports of sodium sulphates; other than disodium sulphates into Sri Lanka soared to 34K tons in 2022, jumping by 1,175% on the year before. Overall, imports posted a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of sodium sulphates; other than disodium sulphates soared to $4.4M in 2022. Over the period under review, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,8582,9382342,529-4.0%
India79.512070.11,570170.3%
Indonesia3.516.42.5238308.2%
Austria49.454.24.646.9-1.7%
Others43.643.54.221.8-20.6%
Total3,0343,1723154,40713.3%

Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Sri Lanka in 2022:

  1. China (25.5K tons)
  2. India (6.6K tons)
  3. Indonesia (1.6K tons)
  4. Austria (0.5K tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka

In 2022, the amount of sodium sulphates; other than disodium sulphates exported from Sri Lanka skyrocketed to 1.3 tons, jumping by 934% compared with the year before. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sodium sulphates; other than disodium sulphates skyrocketed to $1.6K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sodium Sulphates; Other than Disodium Sulphate in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A1,4600%
VietnamN/AN/AN/A1350%
Ethiopia69.0283418N/A146.1%
Others69.03.013.013.0-42.7%
Total1382864311,608126.7%

Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Sri Lanka in 2022:

  1. China (1200.0 kg)
  2. Vietnam (50.0 kg)

Source: IndexBox Market Intelligence Platform

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