Chromium Trioxide Price in Finland - 2023

Contents:

  1. Chromium Trioxide Price in Finland (CIF) - 2022
  2. Chromium Trioxide Price in Finland (FOB) - 2022
  3. Chromium Trioxide Imports in Finland
  4. Chromium Trioxide Exports in Finland

Chromium Trioxide Price in Finland (CIF) - 2022

In 2022, the average chromium trioxide import price amounted to $5,942 per ton, increasing by 60% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 +101.9% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($27,212 per ton), while the price for Sweden ($4,019 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+54.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Chromium Trioxide Price in Finland (FOB) - 2022

The average chromium trioxide export price stood at $14,980 per ton in 2022, dropping by -58.8% against the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth was the most pronounced in 2013 when the average export price increased by 19% against the previous year. As a result, the export price attained the peak level of $51,544 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($26,398 per ton), while the average price for exports to the Netherlands ($8,589 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 (+110.8%), while the prices for the other major destinations experienced a decline.

Chromium Trioxide Imports in Finland

In 2022, overseas purchases of chromium trioxides increased by 125% to 17 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt shrinkage.

In value terms, chromium trioxide imports skyrocketed to $102K in 2022. Over the period under review, imports enjoyed a noticeable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chromium Trioxide in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17.31.8N/A35.126.6%
Sweden1.116.324.825.1183.6%
SpainN/AN/AN/A24.50%
United StatesN/AN/AN/A8.90%
EstoniaN/AN/A1.53.5133.3%
FranceN/AN/AN/A2.70%
PolandN/A42.5N/AN/A0%
Turkey77.6N/AN/AN/A0%
OthersN/A0.11.92.0347.2%
Total96.060.728.21022.0%

Top Suppliers of Chromium Trioxide to Finland in 2022:

  1. Germany (6.4 tons)
  2. Sweden (6.2 tons)
  3. Spain (3.0 tons)
  4. Estonia (0.6 tons)
  5. France (0.3 tons)
  6. United States (0.3 tons)

Chromium Trioxide Exports in Finland

In 2022, overseas shipments of chromium trioxides were finally on the rise to reach 1.8 tons after two years of decline. Overall, exports, however, continue to indicate a precipitous setback.

In value terms, chromium trioxide exports soared to $26K in 2022. In general, exports, however, saw a precipitous setback.

Export of Chromium Trioxide in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea9.810.3N/A15.717.0%
NetherlandsN/AN/AN/A9.50%
Estonia0.80.8N/A1.07.7%
China68.419.7N/AN/A-71.2%
United States76.255.513.8N/A-57.4%
Others1.21.1N/A0.3-37.0%
Total15687.513.826.4-44.7%

Top Export Markets for Chromium Trioxide from Finland in 2022:

  1. Netherlands (1103.0 kg)
  2. South Korea (594.0 kg)
  3. Estonia (60.0 kg)

Source: IndexBox Market Intelligence Platform

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