Sulphides; of Sodium Price in Pakistan - 2023
Contents:
- Sulphides; of Sodium Price in Pakistan (CIF) - 2023
- Sulphides; of Sodium Price in Pakistan (FOB) - 2022
- Sulphides; of Sodium Imports in Pakistan
- Sulphides; of Sodium Exports in Pakistan
Sulphides; of Sodium Price in Pakistan (CIF) - 2023
The average sulphides; of sodium import price stood at $725 per ton in January 2023, rising by 11% against the previous month. Over the period under review, the import price, however, showed a slight decrease. Over the period under review, average import prices hit record highs at $845 per ton in February 2022; however, from March 2022 to January 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2023, the country with the highest price was China ($731 per ton), while the price for Iran totaled $698 per ton.
From February 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Iran (+4.7%).
Sulphides; of Sodium Price in Pakistan (FOB) - 2022
In 2022, the average sulphides; of sodium export price amounted to $404 per ton, approximately equating the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 73% against the previous year. The export price peaked at $1,408 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tajikistan ($562 per ton), while the average price for exports to Uzbekistan amounted to $321 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-6.1%).
Sulphides; of Sodium Imports in Pakistan
After three years of growth, overseas purchases of sulphides; of sodia decreased by -41.6% to 13K tons in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 234% against the previous year. As a result, imports attained the peak of 22K tons, and then dropped remarkably in the following year.
In value terms, sulphides; of sodium imports dropped markedly to $9.5M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 68%. As a result, imports attained the peak of $11M, and then fell remarkably in the following year.
| Import of Sulphides; of Sodium in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.7 | 6.5 | 10.6 | 8.6 | 3.8% |
| Iran | N/A | 0.1 | 0.3 | 0.5 | 123.6% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 0.1 | 0.2 | 0.4 | 0.3 | 44.2% |
| Total | 8.1 | 6.8 | 11.5 | 9.5 | 5.5% |
Top Suppliers of Sulphides; of Sodium to Pakistan in 2022:
- China (11.8K tons)
- Iran (0.8K tons)
- Taiwan (Chinese) (0.3K tons)
Sulphides; of Sodium Exports in Pakistan
In 2022, overseas shipments of sulphides; of sodia were finally on the rise to reach 2.8 tons after two years of decline. In general, exports, however, faced a dramatic decline.
In value terms, sulphides; of sodium exports skyrocketed to $1.1K in 2022. Overall, exports, however, recorded a sharp contraction.
| Export of Sulphides; of Sodium in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 6.7 | 0.6 | 0.4 | 0.6 | -55.3% |
| Tajikistan | 7.1 | 0.7 | 0.4 | 0.5 | -58.7% |
| Djibouti | N/A | 0.1 | N/A | N/A | 0% |
| United States | 2.6 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 16.4 | 1.5 | 0.8 | 1.1 | -59.4% |
Top Export Markets for Sulphides; of Sodium from Pakistan in 2022:
- Uzbekistan (1817.0 kg)
- Tajikistan (949.0 kg)
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