Cerium Compounds Price in Sri Lanka - 2021
Contents:
Cerium Compounds Price in Sri Lanka (CIF) - 2022
The average cerium compounds import price stood at $27,915 per ton in 2022, which is down by -3.9% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cerium compounds import price decreased by -12.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 28%. As a result, import price reached the peak level of $31,931 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($28,149 per ton), while the price for India amounted to $21,739 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.4%), while the prices for the other major suppliers experienced a decline.
Cerium Compounds Imports in Sri Lanka
Cerium compounds imports into Sri Lanka skyrocketed to 1 tons in 2022, jumping by 1,204% on the previous year. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cerium compounds imports skyrocketed to $28K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cerium Compounds in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.5 | 8.1 | 1.9 | 26.3 | 274.7% |
| India | 0.1 | 0.1 | 0.1 | 1.5 | 146.6% |
| Others | 0.6 | 4.2 | 0.2 | 0.2 | -30.7% |
| Total | 1.2 | 12.5 | 2.2 | 28.0 | 185.8% |
Top Suppliers of Cerium Compounds to Sri Lanka in 2022:
- China (934.0 kg)
- India (69.0 kg)
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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Sri Lanka.
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This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Sri Lanka.
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This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
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