Salts; Sodium Dichromate Price in Belarus - 2022

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

The average salts; sodium dichromate import price stood at $2,250 per ton in 2022, shrinking by -3.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 124%. As a result, import price reached the peak level of $3,739 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 ($3,840 per ton), while the price for Kazakhstan ($1,725 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average salts; sodium dichromate export price stood at $1,286 per ton in 2022, falling by -5.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 14% against the previous year. The export price peaked at $1,512 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +0.7% per year.

Salts; Sodium Dichromate Imports in Belarus

In 2022, approx. 10 tons of salts; sodium dichromate were imported into Belarus; with a decrease of -44.1% against the year before. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 755% against the previous year. As a result, imports attained the peak of 18 tons, and then declined remarkably in the following year.

In value terms, salts; sodium dichromate imports dropped remarkably to $23K in 2022. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,267%. As a result, imports attained the peak of $42K, and then fell remarkably in the following year.

Import of Salts; Sodium Dichromate in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Kazakhstan	4.9	1.9	22.7	12.2	35.5%
Russia	0.6	0.7	14.2	7.7	134.1%
Poland	0.6	0.4	5.3	1.4	32.6%
Others	8.9	N/A	0.1	1.4	-46.0%
Total	15.1	3.1	42.3	22.7	14.6%

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

Kazakhstan (7.1 tons)
Russia (2.0 tons)
Poland (0.5 tons)

Salts; Sodium Dichromate Exports in Belarus

In 2022, approx. 20 tons of salts; sodium dichromate were exported from Belarus; reducing by -10.8% against the previous year. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 22 tons, and then contracted in the following year.

In value terms, salts; sodium dichromate exports dropped rapidly to $26K in 2022. Overall, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when exports increased by 45%. As a result, the exports reached the peak of $30K, and then dropped markedly in the following year.