Chromium Trioxide Price in Switzerland - 2023

Contents:

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

Chromium Trioxide Price in Switzerland (CIF) - 2022

The average chromium trioxide import price stood at $3,658 per ton in 2022, rising by 12% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 23%. Over the period under review, average import prices reached the maximum at $3,882 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 the United States ($6,283 per ton), while the price for Italy ($838 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Chromium Trioxide Price in Switzerland (FOB) - 2022

In 2022, the average chromium trioxide export price amounted to $11,603 per ton, dropping by -41.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of 158% against the previous year. Over the period under review, the average export prices attained the peak figure at $22,217 per ton in 2012; however, from 2013 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 French Polynesia ($52,509 per ton), while the average price for exports to Germany totaled $10,921 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+21.6%), while the prices for the other major destinations experienced a decline.

Chromium Trioxide Imports in Switzerland

In 2022, chromium trioxide imports into Switzerland contracted modestly to 220 tons, reducing by -4.4% on 2021. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.0% 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 +47.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of 230 tons, and then reduced in the following year.

In value terms, chromium trioxide imports totaled $806K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 +77.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Chromium Trioxide in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia16615722431724.1%
Turkey32.833.952.222088.6%
Germany14582.884.7124-5.1%
Kazakhstan17812324679.5-23.6%
United States57.533.977.541.5-10.3%
South Africa4.313.039.712.342.0%
Italy5.84.96.99.417.5%
Others16.85.419.51.6-54.3%
Total60645475180610.0%

Top Suppliers of Chromium Trioxide to Switzerland in 2022:

  1. Russia (79.2 tons)
  2. Turkey (64.7 tons)
  3. Germany (30.7 tons)
  4. Kazakhstan (25.8 tons)
  5. Italy (11.2 tons)
  6. United States (6.6 tons)
  7. South Africa (1.9 tons)

Chromium Trioxide Exports in Switzerland

In 2022, chromium trioxide exports from Switzerland skyrocketed to 427 kg, rising by 30% on 2021. In general, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 243%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, chromium trioxide exports dropped notably to $5K in 2022. Overall, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 299%. As a result, the exports reached the peak of $6.6K, and then declined rapidly in the following year.

Export of Chromium Trioxide in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.11.61.54.63.9%
French PolynesiaN/AN/AN/A0.40%
FranceN/A0.1N/AN/A0%
BangladeshN/AN/A5.1N/A0%
Italy0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.21.66.65.06.0%

Top Export Markets for Chromium Trioxide from Switzerland in 2022:

  1. Germany (420.0 kg)
  2. French Polynesia (7.0 kg)

Source: IndexBox Market Intelligence Platform

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