Chromium Trioxide Price in Sri Lanka - 2021
Contents:
Chromium Trioxide Price in Sri Lanka (CIF) - 2022
The average chromium trioxide import price stood at $6,731 per ton in 2022, standing approx. at the previous year. In general, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 51%. The import price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +16.8% per year.
Chromium Trioxide Imports in Sri Lanka
In 2022, approx. 2.5 tons of chromium trioxides were imported into Sri Lanka; picking up by 67% compared with 2021 figures. Over the period under review, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 200%.
In value terms, chromium trioxide imports soared to $17K in 2022. Overall, imports, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 213% against the previous year.
| Import of Chromium Trioxide in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.3 | 0.3 | 0.8 | 16.8 | 94.0% |
| China | 1.1 | 0.2 | 0.2 | N/A | -57.4% |
| United Kingdom | 3.9 | 1.0 | 1.6 | N/A | -35.9% |
| Singapore | 7.7 | 1.7 | 2.3 | N/A | -45.3% |
| South Africa | N/A | N/A | 2.5 | N/A | 0% |
| Pakistan | 2.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 2.6 | N/A | 409.9% |
| Total | 17.4 | 3.2 | 10.0 | 16.8 | -1.2% |
Top Suppliers of Chromium Trioxide to Sri Lanka in 2022:
- Italy (2.5 tons)
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