Chromium Trioxide Price in Venezuela - 2022
Contents:
Chromium Trioxide Price in Venezuela (CIF) - 2022
The average chromium trioxide import price stood at $7,351 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price, however, showed prominent growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 36% against the previous year. The import price peaked at $7,369 per ton in 2021, and then contracted in the following year.
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 China ($17,000 per ton), while the price for South Africa ($290 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Chromium Trioxide Imports in Venezuela
After three years of growth, overseas purchases of chromium trioxides decreased by -24.8% to 1.1 tons in 2022. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 70%. As a result, imports reached the peak of 1.4 tons, and then fell significantly in the following year.
In value terms, chromium trioxide imports shrank notably to $7.9K in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 100%. As a result, imports reached the peak of $10K, and then reduced dramatically in the following year.
| Import of Chromium Trioxide in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.3 | 4.0 | 8.1 | 6.2 | 23.4% |
| Argentina | 1.0 | 1.1 | 2.1 | 1.5 | 14.5% |
| South Africa | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 4.5 | 5.3 | 10.5 | 7.9 | 20.6% |
Top Suppliers of Chromium Trioxide to Venezuela in 2022:
- United States (524.0 kg)
- South Africa (359.0 kg)
- Argentina (179.0 kg)
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