Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria - 2023

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria (CIF) - 2022
  2. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria (FOB) - 2022
  3. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria
  4. Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria (CIF) - 2022

In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $22,344 per ton, remaining stable against the previous year. Overall, the import price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 63% against the previous year. Over the period under review, average import prices attained the maximum at $32,701 per ton in 2012; however, from 2013 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 Germany ($27,444 per ton), while the price for Spain ($13,187 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.5%), while the prices for the other major suppliers experienced a decline.

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria (FOB) - 2022

The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $15,406 per ton in 2022, dropping by -59.4% against the previous year. In general, the export price recorded a slight downturn. The growth pace was the most rapid in 2020 when the average export price increased by 82%. The export price peaked at $37,955 per ton in 2021, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($85,000 per ton), while the average price for exports to Germany stood at $14,698 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+82.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria

In 2022, supplies from abroad of chromium and articles thereof; wrought other than waste and scrap decreased by -54.3% to 86 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of 187 tons, and then dropped sharply in the following year.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap dropped dramatically to $1.9M in 2022. Overall, imports recorded a noticeable decline. The pace of growth appeared the most rapid in 2020 when imports increased by 74%.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0383,0963,6521,3689.6%
Spain514449470290-17.4%
Netherlands13.33.29.1174135.6%
Others50152.310879.0-46.0%
Total2,0663,6014,2401,912-2.5%

Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Austria in 2022:

  1. Germany (49.9 tons)
  2. Spain (22.0 tons)
  3. Netherlands (12.6 tons)

Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria

In 2022, overseas shipments of chromium and articles thereof; wrought other than waste and scrap decreased by -21% to 76 tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 152% against the previous year. As a result, the exports attained the peak of 102 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap contracted markedly to $1.2M in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 359%.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7457448561,10013.9%
United States5.24713790.1-73.2%
JapanN/A9888490.1-99.0%
Others8.61,2791,54463.594.7%
Total7583,4833,6271,16415.4%

Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Austria in 2022:

  1. Germany (74.8 tons)

Source: IndexBox Market Intelligence Platform

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