Price for Sulphites; Other than of Sodium in Pakistan - 2023
Contents:
- Price for Sulphites; Other than of Sodium in Pakistan (CIF) - 2022
- Imports of Sulphites; Other than of Sodium in Pakistan
Price for Sulphites; Other than of Sodium in Pakistan (CIF) - 2022
The average import price for sulphites; other than of sodia stood at $1,793 per ton in 2022, with an increase of 4.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 37% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($2,084 per ton), while the price for Germany ($1,717 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Sulphites; Other than of Sodium in Pakistan
In 2022, sulphites; other than of sodium imports into Pakistan skyrocketed to 204 tons, picking up by 47% compared with the year before. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 120%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, sulphites; other than of sodium imports skyrocketed to $366K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 143%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sulphites; Other than of Sodium in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.4 | 40.2 | 89.3 | 273 | 107.9% |
| Italy | 13.0 | 12.0 | 21.5 | 86.8 | 88.3% |
| United Arab Emirates | 6.9 | 4.1 | 19.0 | 3.7 | -18.8% |
| China | 5.0 | 0.5 | 6.2 | 1.9 | -27.6% |
| Thailand | 17.8 | 8.0 | 16.9 | N/A | -2.6% |
| India | 20.8 | 20.8 | 36.7 | N/A | 32.8% |
| Turkey | 10.7 | 9.0 | 13.5 | N/A | 12.3% |
| Others | 4.0 | 2.8 | 33.7 | 0.2 | -63.2% |
| Total | 109 | 97.5 | 237 | 366 | 49.7% |
Top Suppliers of Sulphites; Other than of Sodium to Pakistan in 2022:
- Germany (159.2 tons)
- Italy (41.6 tons)
- United Arab Emirates (2.2 tons)
- China (0.9 tons)
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