Salts; Sodium Dichromate Price in Russia - 2022

Contents:

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

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

In January 2022, the average salts; sodium dichromate export price amounted to $1,890 per ton, declining by -5.4% against the previous month. Overall, export price indicated a prominent increase from January 2021 to January 2022: its price increased at an average monthly rate of +5.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2022 figures, salts; sodium dichromate export price decreased by -12.4% against November 2021 indices. The pace of growth was the most pronounced in September 2021 an increase of 16% m-o-m. The export price peaked at $2,157 per ton in November 2021; however, from December 2021 to January 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In January 2022, the country with the highest price was the Netherlands ($2,250 per ton), while the average price for exports to the United Arab Emirates ($1,679 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average salts; sodium dichromate import price amounted to $1,108 per ton, which is down by -3.3% against the previous year. In general, the import price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 30%. As a result, import price reached the peak level of $1,854 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +55.1% per year.

Salts; Sodium Dichromate Exports in Russia

In 2022, salts; sodium dichromate exports from Russia soared to 8.3K tons, rising by 73% against 2021 figures. In general, exports, however, recorded a deep downturn.

In value terms, salts; sodium dichromate exports surged to $9.4M in 2022. Overall, exports, however, saw a deep setback.

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

1. United Arab Emirates (5.1K tons)
2. India (2.0K tons)
3. Netherlands (1.2K tons)

Salts; Sodium Dichromate Imports in Russia

In 2022, approx. 321 tons of salts; sodium dichromate were imported into Russia; picking up by 16% against 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, imports reached the peak of 361 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, salts; sodium dichromate imports rose sharply to $356K in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 51% against the previous year. As a result, imports reached the peak of $396K. From 2021 to 2022, the growth of imports remained at a lower figure.

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

1. Poland (321.4 tons)

Source: IndexBox Market Intelligence Platform