Chlorates; of Sodium Price in India - 2023

Contents:

  1. Chlorates; of Sodium Price in India (CIF) - 2022
  2. Chlorates; of Sodium Price in India (FOB) - 2022
  3. Chlorates; of Sodium Imports in India
  4. Chlorates; of Sodium Exports in India

Chlorates; of Sodium Price in India (CIF) - 2022

In 2022, the average chlorates; of sodium import price amounted to $748 per ton, picking up by 39% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached 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 ($1,069 per ton), while the price for Sweden ($480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorates; of Sodium Price in India (FOB) - 2022

The average chlorates; of sodium export price stood at $1,700 per ton in 2022, jumping by 126% against the previous year. Overall, the export price continues to indicate a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Egypt ($23,830 per ton), while the average price for exports to Bangladesh ($521 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 Singapore (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorates; of Sodium Imports in India

In 2022, the amount of chlorates; of sodia imported into India soared to 20K tons, with an increase of 22% on 2021 figures. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 27%.

In value terms, chlorates; of sodium imports soared to $15M in 2022. In general, imports, however, saw a mild curtailment.

Import of Chlorates; of Sodium in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.91.30.85.239.9%
Uruguay5.01.93.85.10.7%
Finland0.80.70.43.055.4%
France0.60.91.41.122.4%
China1.1N/AN/A0.4-28.6%
Brazil6.03.12.3N/A-38.1%
Others0.2N/A0.10.1-20.6%
Total15.78.08.815.0-1.5%

Top Suppliers of Chlorates; of Sodium to India in 2022:

  1. United States (8.3K tons)
  2. Uruguay (5.8K tons)
  3. Finland (3.6K tons)
  4. France (1.7K tons)
  5. China (0.4K tons)

Chlorates; of Sodium Exports in India

In 2022, exports of chlorates; of sodia from India fell dramatically to 25 tons, reducing by -26.6% compared with the year before. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 247% against the previous year.

In value terms, chlorates; of sodium exports soared to $42K in 2022. In general, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 437%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Chlorates; of Sodium in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A18.00%
SingaporeN/AN/A7.214.5101.4%
MyanmarN/AN/AN/A5.00%
Bangladesh19.2N/A0.24.0-40.7%
United Arab EmiratesN/AN/A10.30.1-99.0%
New ZealandN/A2.6N/AN/A0%
Nepal0.91.10.3N/A-42.3%
South AfricaN/AN/A6.8N/A0%
Others5.70.90.50.1-74.0%
Total25.94.725.141.717.2%

Top Export Markets for Chlorates; of Sodium from India in 2022:

  1. Singapore (14.6 tons)
  2. Bangladesh (7.7 tons)
  3. Myanmar (1.4 tons)
  4. Egypt (0.8 tons)
  5. United Arab Emirates (0.1 tons)

Source: IndexBox Market Intelligence Platform

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