Salts; Sodium Dichromate Price in Argentina - 2023

Salts; Sodium Dichromate Price in Argentina (CIF) - 2022

The average salts; sodium dichromate import price stood at $1,945 per ton in 2022, jumping by 33% against the previous year. In general, the import price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 205%. Over the period under review, average import prices reached the peak figure at $10,461 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Brazil ($17,800 per ton), while the price for South Africa totaled $1,832 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Sodium Dichromate Price in Argentina (FOB) - 2022

The average salts; sodium dichromate export price stood at $1,548 per ton in 2022, jumping by 27% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 59%. As a result, the export price attained the peak level of $2,149 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +0.1% per year.

Salts; Sodium Dichromate Imports in Argentina

After three years of growth, purchases abroad of salts; sodium dichromate decreased by -34.3% to 21 tons in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 98% against the previous year. As a result, imports reached the peak of 32 tons, and then fell notably in the following year.

In value terms, salts; sodium dichromate imports shrank to $41K in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 113%. As a result, imports attained the peak of $47K, and then shrank in the following year.

Import of Salts; Sodium Dichromate in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	12.2	N/A	N/A	38.5	46.7%
Turkey	N/A	19.2	44.5	N/A	131.8%
Others	3.4	3.0	2.7	2.6	-8.6%
Total	15.6	22.2	47.2	41.1	38.1%

Top Suppliers of Salts; Sodium Dichromate to Argentina in 2022:

South Africa (21.0 tons)

Salts; Sodium Dichromate Exports in Argentina

Salts; sodium dichromate exports from Argentina dropped markedly to 4.3K tons in 2022, with a decrease of -21.8% against the previous year's figure. Overall, exports showed a mild decrease. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 5.5K tons, and then declined remarkably in the following year.

In value terms, salts; sodium dichromate exports fell to $6.7M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 1.1%.