Salts; Sodium Dichromate Price in Belgium - 2023

Contents:

  1. Salts; Sodium Dichromate Price in Belgium (CIF) - 2022
  2. Salts; Sodium Dichromate Price in Belgium (FOB) - 2022
  3. Salts; Sodium Dichromate Imports in Belgium
  4. Salts; Sodium Dichromate Exports in Belgium

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

In 2022, the average salts; sodium dichromate import price amounted to $1,003 per ton, waning by -21.8% against the previous year. Over the period under review, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2015 an increase of 14%. As a result, import price reached the peak level of $1,986 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Cyprus ($4,646 per ton), while the price for South Africa ($586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.4%).

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

In 2022, the average salts; sodium dichromate export price amounted to $1,065 per ton, declining by -59.6% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 66% against the previous year. As a result, the export price reached the peak level of $3,978 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($3,579 per ton), while the average price for exports to France ($656 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 Romania (+9.2%), while the prices for the other major destinations experienced a decline.

Salts; Sodium Dichromate Imports in Belgium

In 2022, purchases abroad of salts; sodium dichromate decreased by -24.2% to 295 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,064% against the previous year. As a result, imports attained the peak of 913 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, salts; sodium dichromate imports contracted rapidly to $296K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 936%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Salts; Sodium Dichromate in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa32.587.071.113962.3%
CyprusN/AN/AN/A99.20%
Germany81.21,03039352.1-13.7%
SpainN/A68.0N/AN/A0%
Others4.437.834.85.15.0%
Total1181,22349829635.9%

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

  1. South Africa (237.5 tons)
  2. Germany (35.6 tons)
  3. Cyprus (21.3 tons)

Salts; Sodium Dichromate Exports in Belgium

In 2022, overseas shipments of salts; sodium dichromate decreased by -64.9% to 66 tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,895%. As a result, the exports reached the peak of 766 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, salts; sodium dichromate exports fell rapidly to $70K in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 1,248%. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Salts; Sodium Dichromate in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CyprusN/AN/AN/A55.00%
South KoreaN/AN/A7.26.5-9.7%
Germany0.886.11081.831.0%
RomaniaN/A15682.21.5-90.2%
France18.215917.11.0-62.0%
Italy5.755.312.90.3-62.5%
Spain39.14712.80.2-82.8%
Others31.83602664.2-49.1%
Total95.51,28849670.4-9.7%

Top Export Markets for Salts; Sodium Dichromate from Belgium in 2022:

  1. Cyprus (56.2 tons)
  2. South Korea (5.6 tons)
  3. Germany (1.7 tons)
  4. France (1.5 tons)
  5. Romania (0.4 tons)
  6. Italy (0.4 tons)
  7. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform

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