Salts; Sodium Dichromate Price in Venezuela - 2022

Contents:

  1. Salts; Sodium Dichromate Price in Venezuela (CIF) - 2022
  2. Salts; Sodium Dichromate Imports in Venezuela

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

The average salts; sodium dichromate import price stood at $1,802 per ton in 2022, jumping by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of 52%. Over the period under review, average import prices reached the peak figure at $2,256 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($2,439 per ton), while the price for South Africa amounted to $1,655 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.9%).

Salts; Sodium Dichromate Imports in Venezuela

In 2022, supplies from abroad of salts; sodium dichromate decreased by -41.4% to 21 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 174%. As a result, imports attained the peak of 36 tons, and then reduced remarkably in the following year.

In value terms, salts; sodium dichromate imports shrank dramatically to $38K in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 152% against the previous year. As a result, imports reached the peak of $54K, and then reduced sharply in the following year.

Import of Salts; Sodium Dichromate in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa4.19.639.029.192.2%
Argentina9.311.714.98.5-3.0%
Others0.20.30.50.426.0%
Total13.621.654.438.040.8%

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

  1. South Africa (17.6 tons)
  2. Argentina (3.5 tons)

Source: IndexBox Market Intelligence Platform

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