Salts; Sodium Dichromate Price in Colombia - 2022

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

In 2022, the average salts; sodium dichromate import price amounted to $1,176 per ton, falling by -3.4% against the previous year. In general, the import price showed a noticeable downturn. The growth pace was the most rapid in 2021 when the average import price increased by 10%. Over the period under review, average import prices attained the peak figure at $1,788 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,870 per ton), while the price for South Africa ($915 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-3.1%), while the prices for the other major suppliers experienced a decline.

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

The average salts; sodium dichromate export price stood at $1,363 per ton in 2022, approximately equating the previous year. Overall, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1.7%. The export price peaked at $3,820 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -9.8% per year.

Salts; Sodium Dichromate Imports in Colombia

Salts; sodium dichromate imports into Colombia contracted remarkably to 4K tons in 2022, dropping by -22.5% compared with the previous year. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 82%. As a result, imports reached the peak of 5.1K tons, and then shrank rapidly in the following year.

In value terms, salts; sodium dichromate imports declined significantly to $4.7M in 2022. Overall, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 101% against the previous year. As a result, imports reached the peak of $6.2M, and then dropped remarkably in the following year.

Import of Salts; Sodium Dichromate in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Kazakhstan	2,879	361	3,525	2,171	-9.0%
Turkey	1,348	988	1,039	833	-14.8%
Russia	553	782	319	419	-8.8%
South Africa	18.4	303	757	418	183.2%
Estonia	738	463	228	366	-20.8%
China	N/A	N/A	N/A	232	0%
Switzerland	89.5	149	193	119	10.0%
Others	45.7	45.6	154	93.8	27.1%
Total	5,672	3,092	6,214	4,653	-6.4%

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

Kazakhstan (1838.3 tons)
Turkey (721.0 tons)
South Africa (456.8 tons)
Russia (364.6 tons)
Estonia (295.2 tons)
China (124.3 tons)
Switzerland (113.0 tons)

Salts; Sodium Dichromate Exports in Colombia

After three years of growth, overseas shipments of salts; sodium dichromate decreased by -16.2% to 822 kg in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 45%.

In value terms, salts; sodium dichromate exports declined markedly to $1.1K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year.