Chromium Trioxide Price in Germany - 2023
Contents:
- Chromium Trioxide Price in Germany (CIF) - 2023
- Chromium Trioxide Price in Germany (FOB) - 2023
- Chromium Trioxide Imports in Germany
- Chromium Trioxide Exports in Germany
Chromium Trioxide Price in Germany (CIF) - 2023
In August 2023, the average chromium trioxide import price amounted to $3,225 per ton, remaining stable against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 19% against the previous month. The import price peaked at $3,808 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Slovakia ($6,202 per ton), while the price for Italy ($2,611 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Chromium Trioxide Price in Germany (FOB) - 2023
The average chromium trioxide export price stood at $4,663 per ton in August 2023, therefore, remained relatively stable against the previous month. Overall, export price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, chromium trioxide export price decreased by -16.4% against April 2023 indices. The growth pace was the most rapid in October 2022 an increase of 26% month-to-month. Over the period under review, the average export prices hit record highs at $5,581 per ton in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Bulgaria ($6,474 per ton), while the average price for exports to Sweden ($2,981 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Chromium Trioxide Imports in Germany
In 2022, the amount of chromium trioxides imported into Germany shrank to 6.3K tons, with a decrease of -7.3% compared with the year before. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 6.6% against the previous year.
In value terms, chromium trioxide imports soared to $23M in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chromium Trioxide in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 13.8 | 5.1 | 4.9 | 7.7 | -17.7% |
| Slovakia | N/A | 3.9 | 4.4 | 7.3 | 36.8% |
| Italy | N/A | 0.1 | 1.0 | 2.1 | 358.3% |
| South Africa | 2.5 | 1.4 | 1.5 | 1.9 | -8.7% |
| Turkey | 3.3 | 1.1 | 1.7 | 1.8 | -18.3% |
| United States | 0.9 | 2.0 | 1.5 | 0.7 | -8.0% |
| Russia | 1.4 | 0.9 | 0.6 | 0.7 | -20.6% |
| Others | 0.2 | 1.7 | 1.6 | 1.0 | 71.0% |
| Total | 22.2 | 16.2 | 17.2 | 23.2 | 1.5% |
Top Suppliers of Chromium Trioxide to Germany in 2022:
- Kazakhstan (2085.2 tons)
- Slovakia (1944.2 tons)
- Italy (735.9 tons)
- South Africa (513.9 tons)
- Turkey (482.4 tons)
- Russia (197.3 tons)
- United States (175.8 tons)
Chromium Trioxide Exports in Germany
Chromium trioxide exports from Germany declined modestly to 2.4K tons in 2022, shrinking by -2.3% on the previous year's figure. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 12%.
In value terms, chromium trioxide exports expanded remarkably to $8.8M in 2022. In general, exports continue to indicate a pronounced decline.
| Export of Chromium Trioxide in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,256 | 1,199 | 1,418 | 1,723 | 11.1% |
| Netherlands | 669 | 833 | 847 | 1,348 | 26.3% |
| Czech Republic | 866 | 615 | 825 | 1,051 | 6.7% |
| Italy | 393 | 268 | 366 | 850 | 29.3% |
| Poland | 980 | 715 | 674 | 688 | -11.1% |
| Switzerland | 269 | 266 | 382 | 473 | 20.7% |
| Spain | 2,972 | 2,206 | 1,495 | 416 | -48.1% |
| Bulgaria | 301 | 252 | 301 | 356 | 5.8% |
| Slovakia | 250 | 193 | 228 | 279 | 3.7% |
| Sweden | 282 | 146 | 190 | 277 | -0.6% |
| Austria | 264 | 191 | 195 | 187 | -10.9% |
| Turkey | 119 | 137 | 214 | 185 | 15.8% |
| Belgium | 366 | 239 | 165 | 178 | -21.4% |
| Others | 1,066 | 628 | 936 | 816 | -8.5% |
| Total | 10,052 | 7,889 | 8,238 | 8,828 | -4.2% |
Top Export Markets for Chromium Trioxide from Germany in 2022:
- France (446.8 tons)
- Netherlands (381.5 tons)
- Italy (325.1 tons)
- Czech Republic (278.2 tons)
- Poland (190.8 tons)
- Switzerland (124.5 tons)
- Spain (107.5 tons)
- Bulgaria (81.7 tons)
- Slovakia (80.3 tons)
- Sweden (60.2 tons)
- Austria (50.2 tons)
- Turkey (50.1 tons)
- Belgium (39.9 tons)
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