Chromium Trioxide Price in Angola - 2022

Contents:

  1. Chromium Trioxide Price in Angola (CIF) - 2022
  2. Chromium Trioxide Imports in Angola

Chromium Trioxide Price in Angola (CIF) - 2022

In 2022, the average chromium trioxide import price amounted to $6,267 per ton, growing by 39% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromium trioxide import price increased by +120.5% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of 59% against the previous year. Over the period under review, average import prices attained the maximum 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 ($19,520 per ton), while the price for Portugal ($3,846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Chromium Trioxide Imports in Angola

After three years of growth, purchases abroad of chromium trioxides decreased by -42.4% to 499 kg in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. As a result, imports attained the peak of 867 kg, and then declined significantly in the following year.

In value terms, chromium trioxide imports dropped markedly to $3.1K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 81%.

Import of Chromium Trioxide in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal1,1851,6043,2311,63911.4%
GermanyN/A453N/A5419.3%
United States70.022051830763.7%
Lebanon16.0N/AN/AN/A0%
Others20.066.0160639217.3%
Total1,2912,3433,9093,12634.3%

Top Suppliers of Chromium Trioxide to Angola in 2022:

  1. Portugal (426.0 kg)
  2. Germany (28.0 kg)
  3. United States (17.0 kg)

Source: IndexBox Market Intelligence Platform

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