Sulphides; Polysulphides Price in India - 2023

Contents:

  1. Sulphides; Polysulphides Price in India (FOB) - 2022
  2. Sulphides; Polysulphides Price in India (CIF) - 2022
  3. Sulphides; Polysulphides Exports in India
  4. Sulphides; Polysulphides Imports in India

Sulphides; Polysulphides Price in India (FOB) - 2022

In 2022, the average sulphides; polysulphides export price amounted to $6,589 per ton, picking up by 11% against the previous year. Over the period under review, the export price, however, recorded a abrupt decline. The growth pace was the most rapid in 2020 when the average export price increased by 80% against the previous year. The export price peaked at $14,219 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($23,801 per ton), while the average price for exports to Bangladesh ($582 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 Russia (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphides; Polysulphides Price in India (CIF) - 2022

In 2022, the average sulphides; polysulphides import price amounted to $2,529 per ton, surging by 82% against the previous year. Overall, the import price recorded a remarkable increase. 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 Austria ($12,709 per ton), while the price for China ($458 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphides; Polysulphides Exports in India

In 2022, the amount of sulphides; polysulphideses exported from India soared to 1.9K tons, with an increase of 29% against 2021 figures. Over the period under review, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphides; polysulphides exports soared to $12M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphides; Polysulphides in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3891,5732,6263,87840.8%
Australia7412,0009841,77933.9%
Netherlands17426.41061,32896.9%
Vietnam16731628859552.7%
United Arab Emirates84.816616956488.1%
Turkey11.929.532.4260179.6%
KazakhstanN/AN/AN/A2510%
Russia34.921550117069.5%
South Korea10.786.0122117122.0%
EstoniaN/AN/AN/A1000%
Nepal64.765.210178.96.8%
KuwaitN/AN/AN/A67.70%
Bangladesh26412525161.3-38.5%
Others3,8323,1603,5173,240-5.4%
Total6,7737,7628,69612,49222.6%

Top Export Markets for Sulphides; Polysulphides from India in 2022:

  1. Australia (480.9 tons)
  2. United Arab Emirates (262.5 tons)
  3. South Korea (190.2 tons)
  4. United States (163.0 tons)
  5. Netherlands (149.4 tons)
  6. Bangladesh (105.3 tons)
  7. Nepal (87.7 tons)
  8. Vietnam (56.3 tons)
  9. Kazakhstan (51.6 tons)
  10. Estonia (45.5 tons)
  11. Kuwait (44.0 tons)
  12. Russia (30.2 tons)
  13. Turkey (28.9 tons)

Sulphides; Polysulphides Imports in India

In 2022, approx. 2.8K tons of sulphides; polysulphideses were imported into India; with a decrease of -30.7% against 2021 figures. In general, imports faced a dramatic downturn. The smallest decline of -22% was in 2021.

In value terms, sulphides; polysulphides imports surged to $7M in 2022. Over the period under review, imports showed a relatively flat trend pattern.

Import of Sulphides; Polysulphides in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3874791,2511,56359.3%
Austria7436501,1031,26019.3%
China4,1673,2771,482843-41.3%
Germany35028860367124.2%
Belgium19361.577.663448.7%
Netherlands520305207508-0.8%
United States421418373362-4.9%
Others2812914731,16660.7%
Total7,0605,7705,5707,005-0.3%

Top Suppliers of Sulphides; Polysulphides to India in 2022:

  1. China (1839.8 tons)
  2. Germany (171.6 tons)
  3. United States (168.1 tons)
  4. Italy (140.2 tons)
  5. Austria (99.1 tons)
  6. Belgium (80.1 tons)
  7. Netherlands (64.9 tons)

Source: IndexBox Market Intelligence Platform

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