Price for Chromium Oxides and Hydroxides in Brazil - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Brazil (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Brazil (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Brazil
- Exports of Chromium Oxides and Hydroxides in Brazil
Price for Chromium Oxides and Hydroxides in Brazil (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $3,717 per ton in 2022, jumping by 31% against the previous year. Overall, the import price, however, saw a mild contraction. The import price peaked at $4,366 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Germany ($5,681 per ton), while the price for Turkey ($3,372 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Chromium Oxides and Hydroxides in Brazil (FOB) - 2022
In 2022, the average chromium oxides and hydroxides export price amounted to $5,303 per ton, with an increase of 39% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The export price peaked at $8,141 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($14,169 per ton), while the average price for exports to Chile ($4,359 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides in Brazil
In 2022, approx. 11K tons of chromium oxides and hydroxideses were imported into Brazil; growing by 18% against 2021. The total import volume increased at an average annual rate of +13.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, chromium oxides and hydroxides imports surged to $40M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 3.5 | 3.6 | 4.4 | 13.6 | 57.2% |
| India | 2.2 | 4.8 | 6.5 | 12.1 | 76.5% |
| Turkey | 3.6 | 3.0 | 3.1 | 4.1 | 4.4% |
| United States | 8.5 | 8.7 | 7.5 | 3.5 | -25.6% |
| Russia | 1.6 | 0.9 | 1.7 | 2.2 | 11.2% |
| Germany | 1.5 | 1.5 | 1.4 | 1.8 | 6.3% |
| South Africa | N/A | N/A | 0.9 | 1.5 | 66.7% |
| Others | 0.7 | 1.0 | 0.4 | 1.5 | 28.9% |
| Total | 21.6 | 23.5 | 25.9 | 40.3 | 23.1% |
Top Suppliers of Chromium Oxides and Hydroxides to Brazil in 2022:
- Kazakhstan (4.0K tons)
- India (3.1K tons)
- Turkey (1.2K tons)
- United States (0.9K tons)
- Russia (0.6K tons)
- South Africa (0.4K tons)
- Germany (0.3K tons)
Exports of Chromium Oxides and Hydroxides in Brazil
Chromium oxides and hydroxides exports from Brazil fell to 94 tons in 2022, which is down by -13.9% against the year before. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 464% against the previous year. As a result, the exports reached the peak of 110 tons, and then dropped in the following year.
In value terms, chromium oxides and hydroxides exports skyrocketed to $500K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 169%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Chromium Oxides and Hydroxides in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | 280 | 349 | 24.6% |
| Colombia | 143 | 65.9 | 96.4 | 66.6 | -22.5% |
| Ecuador | 26.9 | 16.7 | N/A | 31.0 | 4.8% |
| Argentina | N/A | 19.5 | 1.0 | 27.0 | 17.7% |
| Paraguay | 6.3 | 40.4 | 7.9 | 9.5 | 14.7% |
| Guatemala | N/A | N/A | 32.6 | N/A | 0% |
| Others | 14.6 | 12.8 | N/A | 17.4 | 6.0% |
| Total | 190 | 155 | 418 | 500 | 38.1% |
Top Export Markets for Chromium Oxides and Hydroxides from Brazil in 2022:
- Chile (80.0 tons)
- Colombia (4.7 tons)
- Argentina (4.0 tons)
- Ecuador (2.7 tons)
- Paraguay (1.3 tons)
352
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Brazil.
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This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Brazil.
676
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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