Salts; Sodium Dichromate Price in Azerbaijan - 2022

Contents:

1. Salts; Sodium Dichromate Price in Azerbaijan (CIF) - 2022
2. Salts; Sodium Dichromate Imports in Azerbaijan

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

In 2022, the average salts; sodium dichromate import price amounted to $3,765 per ton, growing by 44% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $3,800 per ton in 2019; afterwards, it flattened through to 2022.

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 Turkey ($4,116 per ton), while the price for Russia amounted to $2,677 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-11.0%).

Salts; Sodium Dichromate Imports in Azerbaijan

For the fourth year in a row, Azerbaijan recorded growth in supplies from abroad of salts; sodium dichromate, which increased by 36% to 1.4 tons in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 5,900%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, salts; sodium dichromate imports skyrocketed to $5.1K in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 2,932% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Turkey (1025.0 kg)
2. Russia (331.0 kg)

Source: IndexBox Market Intelligence Platform