Salts; Sodium Dichromate Price in Germany - 2023

Contents:

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

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

The average salts; sodium dichromate import price stood at $1,699 per ton in 2022, increasing by 53% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($2,291 per ton), while the price for South Africa ($1,567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average salts; sodium dichromate export price amounted to $3,762 per ton, growing by 39% against the previous year. Overall, the export price recorded strong growth. The growth pace was the most rapid in 2021 an increase of 59%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($5,525 per ton), while the average price for exports to Switzerland ($3,113 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 Slovakia (+82.0%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Sodium Dichromate Imports in Germany

In 2022, salts; sodium dichromate imports into Germany contracted slightly to 28K tons, approximately mirroring the previous year's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.

In value terms, salts; sodium dichromate imports soared to $47M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Salts; Sodium Dichromate in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa29.824.823.035.25.7%
Turkey5.04.53.46.710.2%
Kazakhstan2.61.63.25.226.0%
Others0.40.11.50.1-37.0%
Total37.930.931.047.17.5%

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

  1. South Africa (22.4K tons)
  2. Turkey (2.9K tons)
  3. Kazakhstan (2.4K tons)

Salts; Sodium Dichromate Exports in Germany

Salts; sodium dichromate exports from Germany contracted sharply to 187 tons in 2022, dropping by -32.8% compared with 2021 figures. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 0.8%.

In value terms, salts; sodium dichromate exports fell to $704K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61%. As a result, the exports reached the peak of $750K, and then reduced in the following year.

Export of Salts; Sodium Dichromate in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.20.33373521107.4%
France0.60.4107116478.2%
Czech RepublicN/AN/AN/A71.30%
Belgium38537676.045.1-51.1%
SlovakiaN/AN/A72.442.1-41.9%
Italy0.90.648.741.0257.1%
Switzerland50.550.351.513.0-36.4%
Others43.539.258.123.1-19.0%
Total48046775070413.6%

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

  1. Spain (98.4 tons)
  2. France (33.3 tons)
  3. Belgium (14.0 tons)
  4. Czech Republic (12.9 tons)
  5. Italy (12.6 tons)
  6. Slovakia (8.4 tons)
  7. Switzerland (4.2 tons)

Source: IndexBox Market Intelligence Platform

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