Salts; Sodium Dichromate Price in China - 2023

Contents:

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

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

The average salts; sodium dichromate import price stood at $1,509 per ton in 2022, surging by 52% against the previous year. In general, the import price, however, saw a mild contraction. Over the period under review, average import prices attained the maximum at $1,728 per ton in 2012; however, from 2013 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 Russia ($2,368 per ton), while the price for South Africa ($1,442 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average salts; sodium dichromate export price amounted to $2,006 per ton, growing by 55% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $2,084 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($2,577 per ton) and the United Arab Emirates ($2,110 per ton), while the average price for exports to South Korea ($1,916 per ton) and Uruguay ($1,925 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

Salts; Sodium Dichromate Imports in China

Salts; sodium dichromate imports into China skyrocketed to 8.2K tons in 2022, jumping by 185% against the previous year's figure. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 4,189% against the previous year. As a result, imports attained the peak of 9.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, salts; sodium dichromate imports soared to $12M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,709% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Salts; Sodium Dichromate in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/A7.32.79.916.5%
KazakhstanN/AN/A0.12.22100.0%
Russia0.30.20.10.2-12.6%
TurkeyN/A0.5N/A0.1-55.3%
IndiaN/A0.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.38.92.912.4245.8%

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

  1. Turkey (undefinedK tons)
  2. South Africa (6.9K tons)
  3. Kazakhstan (1.3K tons)
  4. Russia (0.1K tons)

Salts; Sodium Dichromate Exports in China

In 2022, salts; sodium dichromate exports from China soared to 963 tons, rising by 215% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, salts; sodium dichromate exports surged to $1.9M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Salts; Sodium Dichromate in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea19827844.145832.3%
ColombiaN/AN/AN/A3920%
UruguayN/AN/AN/A2310%
PeruN/AN/AN/A2190%
United Arab EmiratesN/A72.610116952.6%
EcuadorN/AN/AN/A1480%
IndonesiaN/AN/AN/A81.40%
Uzbekistan64.2N/AN/AN/A0%
India77.7N/A21.9N/A-46.9%
Bangladesh11161.8N/AN/A-44.3%
Iran64.4N/AN/AN/A0%
Others72.515022623247.4%
Total5895623941,93148.6%

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

  1. South Korea (239.0 tons)
  2. Colombia (200.0 tons)
  3. Uruguay (120.0 tons)
  4. Peru (105.0 tons)
  5. United Arab Emirates (80.0 tons)
  6. Ecuador (72.0 tons)
  7. Indonesia (40.0 tons)

Source: IndexBox Market Intelligence Platform

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