Price for Sulphites; Other than of Sodium in India - 2023

Contents:

1. Price for Sulphites; Other than of Sodium in India (FOB) - 2022
2. Price for Sulphites; Other than of Sodium in India (CIF) - 2022
3. Exports of Sulphites; Other than of Sodium in India
4. Imports of Sulphites; Other than of Sodium in India

Price for Sulphites; Other than of Sodium in India (FOB) - 2022

In 2022, the average export price for sulphites; other than of sodia amounted to $573 per ton, rising by 42% against the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked at $653 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($1,208 per ton), while the average price for exports to Kuwait ($330 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 Bangladesh (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphites; Other than of Sodium in India (CIF) - 2022

The average import price for sulphites; other than of sodia stood at $736 per ton in 2022, increasing by 26% against the previous year. In general, the import price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2013 an increase of 61% against the previous year. The import price peaked at $4,127 per ton in 2014; however, from 2015 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 Germany ($2,790 per ton), while the price for China ($559 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sulphites; Other than of Sodium in India

In 2022, exports of sulphites; other than of sodia from India soared to 10K tons, rising by 49% against the year before. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; other than of sodium exports surged to $5.9M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sulphites; Other than of Sodium from India in 2022:

1. Malaysia (4530.4 tons)
2. United Arab Emirates (2299.0 tons)
3. Iraq (553.4 tons)
4. Nigeria (330.0 tons)
5. Bangladesh (323.5 tons)
6. Oman (320.1 tons)
7. South Africa (294.5 tons)
8. Qatar (226.0 tons)
9. Swaziland (220.5 tons)
10. Singapore (190.9 tons)
11. Nepal (169.1 tons)
12. Kuwait (0.7 tons)

Imports of Sulphites; Other than of Sodium in India

In 2022, purchases abroad of sulphites; other than of sodia was finally on the rise to reach 1.1K tons after two years of decline. In general, imports, however, saw a deep reduction.

In value terms, sulphites; other than of sodium imports skyrocketed to $808K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; Other than of Sodium to India in 2022:

1. China (908.0 tons)
2. Turkey (50.0 tons)
3. Netherlands (49.0 tons)
4. Italy (33.2 tons)
5. Saudi Arabia (25.0 tons)
6. Germany (24.5 tons)
7. United States (5.9 tons)

Source: IndexBox Market Intelligence Platform