Salts; Sodium Dichromate Price in Serbia - 2023

Contents:

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

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

In 2022, the average salts; sodium dichromate import price amounted to $2,494 per ton, with an increase of 23% against the previous year. Overall, the import price recorded a slight expansion. The pace of growth appeared the most rapid in 2018 an increase of 23%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 South Africa ($4,914 per ton), while the price for Russia stood at $2,308 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.0%).

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

The average salts; sodium dichromate export price stood at $4,045 per ton in 2022, with an increase of 9.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 13%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($4,085 per ton), while the average price for exports to Bosnia and Herzegovina stood at $3,180 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+4.4%), while the prices for the other major destinations experienced a decline.

Salts; Sodium Dichromate Imports in Serbia

In 2022, approx. 27 tons of salts; sodium dichromate were imported into Serbia; increasing by 44% compared with the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +61.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, salts; sodium dichromate imports surged to $68K in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Russia (26.0 tons)
2. South Africa (1.4 tons)

Salts; Sodium Dichromate Exports in Serbia

Salts; sodium dichromate exports from Serbia soared to 2.3 tons in 2022, picking up by 119% compared with the previous year's figure. Over the period under review, exports, however, saw a slight descent.

In value terms, salts; sodium dichromate exports soared to $9.3K in 2022. In general, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. North Macedonia (2.2 tons)
2. Bosnia and Herzegovina (0.1 tons)

Source: IndexBox Market Intelligence Platform