Chromium Trioxide Price in Vietnam - 2022
Contents:
Chromium Trioxide Price in Vietnam (CIF) - 2022
The average chromium trioxide import price stood at $3,090 per ton in 2022, growing by 6.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 13%. As a result, import price attained the peak level of $3,747 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,981 per ton), while the price for Switzerland ($593 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Chromium Trioxide Imports in Vietnam
In 2022, overseas purchases of chromium trioxides increased by 16% to 801 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt shrinkage.
In value terms, chromium trioxide imports surged to $2.5M in 2022. Overall, imports, however, faced a drastic downturn.
| Import of Chromium Trioxide in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 974 | 1,102 | 874 | 1,036 | 2.1% |
| Turkey | 881 | 753 | 469 | 555 | -14.3% |
| United States | 784 | 559 | 465 | 551 | -11.1% |
| Kazakhstan | 276 | 72.0 | 58.3 | 101 | -28.5% |
| China | 272 | 216 | 15.6 | 100 | -28.4% |
| Estonia | 60.8 | 50.9 | 24.3 | 24.0 | -26.6% |
| South Korea | 22.0 | 28.8 | 17.9 | 21.2 | -1.2% |
| Switzerland | 15.6 | 14.5 | 7.7 | 8.5 | -18.3% |
| Others | 159 | 146 | 78.5 | 79.0 | -20.8% |
| Total | 3,445 | 2,942 | 2,010 | 2,476 | -10.4% |
Top Suppliers of Chromium Trioxide to Vietnam in 2022:
- Russia (307.2 tons)
- Turkey (192.0 tons)
- United States (154.3 tons)
- Kazakhstan (45.6 tons)
- China (25.1 tons)
- South Korea (21.9 tons)
- Switzerland (14.3 tons)
- Estonia (9.6 tons)
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Vietnam.
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This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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