Salts: sodium dichromate

In 2024, salts: sodium dichromate trade exhibited strong growth, with global flows reaching $112,168,536 and a three-year compound annual growth rate of -0.3% (five-year: -0.9%). The all-time peak of $251,218,570 was recorded in 2011; the current level is 55% below that high-water mark.

Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+3.8% acceleration).

The World Trade Flows Characterization classifies salts: sodium dichromate as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.376). The three largest exporters — South Africa ($68.2M), Türkiye ($16.0M), and Kazakhstan ($13.5M) — collectively dominate supply flows. The leading exporter has grown at +6.1% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.120). The three largest import markets are Germany ($27.0M), Netherlands ($15.5M), and India ($14.3M). The largest importing market sources from 16 different supplying countries.

Estimated substitution elasticity: -24.34. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is South Africa → Germany at $22.9M, representing 84.5% of the importer's total demand.

The volatility score for salts: sodium dichromate is 13 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.