Chromium Trioxide Price in Denmark - 2023
Contents:
- Chromium Trioxide Price in Denmark (CIF) - 2023
- Chromium Trioxide Price in Denmark (FOB) - 2022
- Chromium Trioxide Imports in Denmark
- Chromium Trioxide Exports in Denmark
Chromium Trioxide Price in Denmark (CIF) - 2023
In July 2023, the average chromium trioxide import price amounted to $4,127 per ton, remaining constant against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 38% against the previous month. As a result, import price reached the peak level of $5,289 per ton. From October 2022 to July 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to 0.0% per month.
Chromium Trioxide Price in Denmark (FOB) - 2022
In 2022, the average chromium trioxide export price amounted to $3,994 per ton, standing approx. at the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 75% against the previous year. The export price peaked at $9,747 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($17,407 per ton), while the average price for exports to Romania ($2,023 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 Estonia (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Chromium Trioxide Imports in Denmark
Chromium trioxide imports into Denmark soared to 165 tons in 2022, with an increase of 21% on 2021 figures. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 32%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, chromium trioxide imports skyrocketed to $722K in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium Trioxide in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 324 | 11.5 | 278 | 495 | 15.2% |
| Poland | N/A | 271 | 106 | 162 | -22.7% |
| China | N/A | N/A | N/A | 63.8 | 0% |
| Others | 1.8 | N/A | 0.1 | N/A | -76.4% |
| Total | 325 | 282 | 385 | 722 | 30.5% |
Top Suppliers of Chromium Trioxide to Denmark in 2022:
- Germany (113.7 tons)
- Poland (41.4 tons)
- China (10.0 tons)
Chromium Trioxide Exports in Denmark
Chromium trioxide exports from Denmark shrank to 13 tons in 2022, dropping by -6.5% compared with the previous year's figure. Overall, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year.
In value terms, chromium trioxide exports contracted to $52K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 184%. As a result, the exports attained the peak of $55K, and then contracted in the following year.
| Export of Chromium Trioxide in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.7 | 3.7 | 5.7 | 24.0 | 107.1% |
| Romania | 44.1 | 14.4 | 18.3 | 22.2 | -20.5% |
| Estonia | N/A | 0.3 | 5.2 | 5.2 | 316.3% |
| Belgium | N/A | N/A | 23.4 | N/A | 0% |
| United Arab Emirates | 1.5 | N/A | N/A | N/A | 0% |
| Others | 3.5 | 1.2 | 2.8 | 0.5 | -47.7% |
| Total | 51.8 | 19.5 | 55.5 | 52.0 | 0.1% |
Top Export Markets for Chromium Trioxide from Denmark in 2022:
- Romania (11.0 tons)
- Sweden (1.7 tons)
- Estonia (0.3 tons)
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