Price for Sulphates; Alums; Peroxosulphates (Persulphates) in China - 2023

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in China (FOB) - 2022
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in China (CIF) - 2022
  3. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in China
  4. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in China

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in China (FOB) - 2022

The average sulphates; alums; peroxosulphates (persulphates) export price stood at $237 per ton in 2022, increasing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2018 an increase of 27% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($224 per ton), while the average price for exports to Nigeria ($86 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 Brazil (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in China (CIF) - 2022

The average sulphates; alums; peroxosulphates (persulphates) import price stood at $5,736 per ton in 2022, surging by 31% against the previous year. In general, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 47% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 Finland ($10,551 per ton), while the price for Germany ($2,447 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in China

In 2022, shipments abroad of sulphates; alums; peroxosulphates (persulphates)s decreased by -1.4% to 5.8M tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 6.3%.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports rose rapidly to $1.4B in 2022. The total export value increased at an average annual rate of +10.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 24%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh53.048.459.490.619.6%
Brazil48.149.764.670.513.6%
Vietnam55.461.665.568.27.2%
Indonesia47.545.754.457.46.5%
Thailand30.136.138.645.915.1%
Malaysia33.634.136.338.95.0%
South Africa24.119.125.033.912.0%
Colombia22.224.033.532.613.7%
Peru15.915.420.429.422.7%
Philippines24.434.332.228.55.3%
Nigeria12.813.620.021.819.4%
Saudi Arabia22.317.814.219.4-4.5%
Guatemala6.87.911.716.033.0%
Others6185607248099.4%
Total1,0149681,2001,36210.3%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from China in 2022:

  1. Bangladesh (678.0K tons)
  2. Vietnam (513.4K tons)
  3. Indonesia (425.5K tons)
  4. Brazil (315.3K tons)
  5. Colombia (261.2K tons)
  6. Thailand (259.4K tons)
  7. Nigeria (253.9K tons)
  8. Malaysia (238.5K tons)
  9. Philippines (202.1K tons)
  10. Peru (188.6K tons)
  11. South Africa (180.9K tons)
  12. Saudi Arabia (154.5K tons)
  13. Guatemala (145.8K tons)

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in China

Sulphates; alums; peroxosulphates (persulphates) imports into China soared to 116K tons in 2022, jumping by 49% compared with the previous year's figure. In general, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 149%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports soared to $668M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 163%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/A0.517234300.0%
Finland16.654.630.3155110.6%
AustraliaN/AN/A0.170.770600.0%
South Korea3.19.310640.7135.9%
South Africa2.57.937.826.0118.3%
Japan15.314.021.918.05.6%
Germany13.310.015.37.6-17.0%
United States7.97.29.24.3-18.4%
Others15.527.4122173123.5%
Total74.0130342668108.2%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to China in 2022:

  1. Chile (53.8K tons)
  2. Finland (14.7K tons)
  3. Australia (13.5K tons)
  4. South Korea (7.9K tons)
  5. South Africa (6.6K tons)
  6. Japan (4.1K tons)
  7. Germany (3.1K tons)
  8. United States (1.4K tons)

Source: IndexBox Market Intelligence Platform

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