Chromium Trioxide Price in Malaysia - 2021
Contents:
- Chromium Trioxide Price in Malaysia (CIF) - 2022
- Chromium Trioxide Price in Malaysia (FOB) - 2022
- Chromium Trioxide Imports in Malaysia
- Chromium Trioxide Exports in Malaysia
Chromium Trioxide Price in Malaysia (CIF) - 2022
The average chromium trioxide import price stood at $3,401 per ton in 2022, standing approx. at the previous year. In general, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 an increase of 12%. Over the period under review, average import prices reached the peak figure at $4,420 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Thailand ($7,608 per ton), while the price for Russia ($2,494 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Chromium Trioxide Price in Malaysia (FOB) - 2022
In 2022, the average chromium trioxide export price amounted to $4,384 per ton, reducing by -1.7% against the previous year. Overall, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2019 an increase of 31%. Over the period under review, the average export prices hit record highs at $6,634 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($6,412 per ton), while the average price for exports to Vietnam ($1,030 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 Indonesia (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.
Chromium Trioxide Imports in Malaysia
In 2022, supplies from abroad of chromium trioxides decreased by -1.2% to 496 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 9.8%. As a result, imports attained the peak of 506 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, chromium trioxide imports stood at $1.7M in 2022. Over the period under review, imports saw a relatively flat trend pattern.
| Import of Chromium Trioxide in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 158 | 353 | 267 | 231 | 13.5% |
| Kazakhstan | 295 | 242 | 267 | 231 | -7.8% |
| China | 125 | 110 | 255 | 220 | 20.7% |
| South Africa | 156 | 113 | 50.4 | 200 | 8.6% |
| India | 41.4 | 199 | 206 | 178 | 62.6% |
| United States | 228 | 180 | 165 | 159 | -11.3% |
| Turkey | 203 | 106 | 126 | 121 | -15.8% |
| Estonia | 180 | 87.9 | 82.9 | 97.6 | -18.5% |
| Others | 319 | 300 | 264 | 249 | -7.9% |
| Total | 1,704 | 1,691 | 1,683 | 1,687 | -0.3% |
Top Suppliers of Chromium Trioxide to Malaysia in 2022:
- Kazakhstan (87.2 tons)
- South Korea (67.1 tons)
- India (59.6 tons)
- China (57.2 tons)
- South Africa (56.6 tons)
- United States (44.7 tons)
- Turkey (37.8 tons)
- Estonia (36.2 tons)
Chromium Trioxide Exports in Malaysia
After two years of decline, overseas shipments of chromium trioxides increased by 2.5% to 2.8 tons in 2022. Overall, exports, however, continue to indicate a abrupt descent.
In value terms, chromium trioxide exports stood at $12K in 2022. Over the period under review, exports, however, saw a abrupt descent.
| Export of Chromium Trioxide in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 12.0 | 6.7 | 6.9 | 9.5 | -7.5% |
| Thailand | 2.4 | 1.1 | 0.9 | 1.2 | -20.6% |
| Indonesia | 2.1 | 0.7 | 0.6 | 0.9 | -24.6% |
| Singapore | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Vietnam | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Tanzania | N/A | 3.0 | 3.1 | N/A | 3.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.2 | 12.2 | 12.0 | 12.1 | -11.1% |
Top Export Markets for Chromium Trioxide from Malaysia in 2022:
- Bangladesh (1478.0 kg)
- Indonesia (521.0 kg)
- Thailand (376.0 kg)
- Singapore (302.0 kg)
- Vietnam (78.0 kg)
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