Salts; Sodium Dichromate Price in Israel - 2022

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

The average salts; sodium dichromate import price stood at $2,033 per ton in 2022, increasing by 78% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $2,195 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +1.3% per year.

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

In 2022, the average salts; sodium dichromate export price amounted to $1,199 per ton, with an increase of 2% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 4.1%. The export price peaked at $1,242 per ton in 2019; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +0.5% per year.

Salts; Sodium Dichromate Imports in Israel

In 2022, salts; sodium dichromate imports into Israel dropped remarkably to 30 tons, which is down by -15.6% against the previous year. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 120%. As a result, imports attained the peak of 35 tons, and then reduced remarkably in the following year.

In value terms, salts; sodium dichromate imports soared to $60K in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 111%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Import of Salts; Sodium Dichromate in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	29.8	12.9	37.2	60.0	26.3%
Germany	1.0	2.9	2.0	N/A	41.4%
Others	1.2	3.3	0.9	N/A	-13.4%
Total	32.0	19.0	40.0	60.0	23.3%

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

Turkey (29.5 tons)

Salts; Sodium Dichromate Exports in Israel

After three years of growth, overseas shipments of salts; sodium dichromate decreased by -17.7% to 16 tons in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 100% against the previous year.

In value terms, salts; sodium dichromate exports contracted sharply to $20K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 99%.