Salts; Sodium Dichromate Price in Switzerland - 2023

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

The average salts; sodium dichromate import price stood at $4,300 per ton in 2022, jumping by 30% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,234 per ton), while the price for Kazakhstan ($2,949 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average salts; sodium dichromate export price stood at $5,971 per ton in 2022, with a decrease of -21.5% against the previous year. Over the period under review, the export price recorded a deep setback. The pace of growth was the most pronounced in 2013 an increase of 62%. As a result, the export price reached the peak level of $72,945 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($59,253 per ton), while the average price for exports to Colombia totaled $4,388 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+91.5%), while the prices for the other major destinations experienced mixed trend patterns.

Salts; Sodium Dichromate Imports in Switzerland

In 2022, supplies from abroad of salts; sodium dichromate increased by 8.9% to 20 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a slight slump.

In value terms, salts; sodium dichromate imports surged to $86K in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Salts; Sodium Dichromate in Switzerland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	1.6	2.6	2.8	63.6	241.3%
Kazakhstan	6.7	5.7	6.2	16.5	35.0%
Germany	1.3	4.1	5.4	2.9	30.7%
Russia	50.7	49.2	24.5	N/A	-30.5%
Others	19.6	21.6	21.7	2.7	-48.4%
Total	79.9	83.1	60.4	85.7	2.4%

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

Netherlands (13.8 tons)
Kazakhstan (5.6 tons)
Germany (0.4 tons)

Salts; Sodium Dichromate Exports in Switzerland

In 2022, approx. 3.6 tons of salts; sodium dichromate were exported from Switzerland; with an increase of 2,406% on the previous year. In general, exports, however, continue to indicate a perceptible contraction.

In value terms, salts; sodium dichromate exports soared to $22K in 2022. Overall, exports, however, saw a sharp descent.