Sulphites; of Sodium Price in Qatar - 2023

Contents:

1. Sulphites; of Sodium Price in Qatar (CIF) - 2023
2. Sulphites; of Sodium Imports in Qatar

Sulphites; of Sodium Price in Qatar (CIF) - 2023

The average sulphites; of sodium import price stood at $883 per ton in June 2023, with a decrease of -12.3% against the previous month. In general, the import price, however, posted slight growth. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 109% against the previous month. As a result, import price reached the peak level of $1,383 per ton. From April 2023 to June 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($2,181 per ton), while the price for Thailand ($633 per ton) was amongst the lowest.

From August 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Sulphites; of Sodium Imports in Qatar

In 2022, the amount of sulphites; of sodia imported into Qatar surged to 3.2K tons, growing by 35% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; of sodium imports skyrocketed to $2.1M in 2022. Over the period under review, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; of Sodium to Qatar in 2022:

1. China (1088.3 tons)
2. India (1039.5 tons)
3. Thailand (1009.8 tons)

Source: IndexBox Market Intelligence Platform