Salts; Sodium Dichromate Price in Brazil - 2023

Contents:

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

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

In 2022, the average salts; sodium dichromate import price amounted to $1,319 per ton, growing by 7.6% against the previous year. In general, the import price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2017 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure at $1,670 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Kazakhstan ($2,113 per ton), while the price for Turkey ($1,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average salts; sodium dichromate export price stood at $14,587 per ton in 2022, jumping by 48% against the previous year. Overall, the export price saw a modest increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices attained the maximum at $15,763 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Pakistan ($14,733 per ton) and Argentina ($13,785 per ton), while the average price for exports to the United States ($11,190 per ton) and Mexico ($11,314 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+95.9%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Sodium Dichromate Imports in Brazil

In 2022, supplies from abroad of salts; sodium dichromate decreased by -16% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% 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 +40.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52%. As a result, imports reached the peak of 3.1K tons, and then fell dramatically in the following year.

In value terms, salts; sodium dichromate imports declined to $3.5M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.3% 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 +46.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 62%. As a result, imports reached the peak of $3.8M, and then dropped in the following year.

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

1. United States (undefined tons)
2. South Africa (1756.9 tons)
3. Kazakhstan (720.0 tons)
4. Russia (99.9 tons)
5. Turkey (54.3 tons)

Salts; Sodium Dichromate Exports in Brazil

After three years of growth, overseas shipments of salts; sodium dichromate decreased by -31.9% to 5.5 tons in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 113% against the previous year. As a result, the exports attained the peak of 8.1 tons, and then reduced rapidly in the following year.

In value terms, salts; sodium dichromate exports stood at $80K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

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

1. Pakistan (4.5 tons)
2. Mexico (0.6 tons)
3. United States (0.2 tons)
4. Argentina (0.2 tons)

Source: IndexBox Market Intelligence Platform