Salts; Sodium Dichromate Price in Spain - 2023

Contents:

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

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

In 2022, the average salts; sodium dichromate import price amounted to $2,255 per ton, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2017 an increase of 32%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 France ($4,840 per ton), while the price for Russia ($1,337 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average salts; sodium dichromate export price stood at $6,675 per ton in 2022, increasing by 61% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 88% against the previous year. As a result, the export price attained the peak level of $6,901 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($5,085 per ton), while the average price for exports to Portugal stood at $4,816 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Sodium Dichromate Imports in Spain

In 2022, approx. 477 tons of salts; sodium dichromate were imported into Spain; jumping by 23% compared with 2021 figures. In general, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, salts; sodium dichromate imports skyrocketed to $1.1M in 2022. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

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

1. Kazakhstan (203.6 tons)
2. Russia (170.6 tons)
3. Turkey (60.0 tons)
4. South Africa (42.2 tons)

Salts; Sodium Dichromate Exports in Spain

Salts; sodium dichromate exports from Spain skyrocketed to 1.7 tons in 2022, rising by 89% compared with the year before. In general, exports, however, saw a mild slump. The most prominent rate of growth was recorded in 2020 with an increase of 457% against the previous year. As a result, the exports reached the peak of 9.9 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, salts; sodium dichromate exports surged to $11K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 313%. As a result, the exports reached the peak of $26K. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. Chile (1000.0 kg)
2. Portugal (675.0 kg)

Source: IndexBox Market Intelligence Platform