Salts; Molybdates Price in Sri Lanka - 2021

Contents:

1. Salts; Molybdates Price in Sri Lanka (CIF) - 2022
2. Salts; Molybdates Price in Sri Lanka (FOB) - 2022
3. Salts; Molybdates Imports in Sri Lanka
4. Salts; Molybdates Exports in Sri Lanka

Salts; Molybdates Price in Sri Lanka (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $36,474 per ton, with an increase of 73% against the previous year. Overall, the import price saw a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($42,841 per ton), while the price for India stood at $12,372 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.1%).

Salts; Molybdates Price in Sri Lanka (FOB) - 2022

In 2022, the average salts; molybdates export price amounted to $34,500 per ton, increasing by 42% against the previous year. In general, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 355% against the previous year. As a result, the export price attained the peak level of $35,667 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +9.2% per year.

Salts; Molybdates Imports in Sri Lanka

In 2022, imports of salts; molybdateses into Sri Lanka surged to 1.9 tons, increasing by 135% on 2021. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 459% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, salts; molybdates imports soared to $71K in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 370% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Salts; Molybdates to Sri Lanka in 2022:

1. China (1500.0 kg)
2. India (409.0 kg)

Salts; Molybdates Exports in Sri Lanka

In 2022, the amount of salts; molybdateses exported from Sri Lanka declined rapidly to 2 kg, waning by -33.3% on the year before. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 50%. As a result, the exports reached the peak of 3 kg, and then reduced sharply in the following year.

In value terms, salts; molybdates exports shrank to $69 in 2022. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.

Top Export Markets for Salts; Molybdates from Sri Lanka in 2022:

1. Maldives (2.0 kg)

Source: IndexBox Market Intelligence Platform