Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus - 2022
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus (FOB) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus (CIF) - 2022
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus (FOB) - 2022
The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $23,350 per ton in 2022, falling by -2.7% against the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 1.6% against the previous year. The export price peaked at $67,213 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -10.0% per year.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $33,480 per ton in 2022, shrinking by -12.9% against the previous year. Over the period under review, the import price recorded a perceptible curtailment. The growth pace was the most rapid in 2014 an increase of 56%. Over the period under review, average import prices reached the maximum at $121,706 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Netherlands ($90,667 per ton), while the price for China ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.0%), while the prices for the other major suppliers experienced a decline.
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus
In 2022, approx. 297 kg of chromium and articles thereof; wrought other than waste and scrap were exported from Belarus; picking up by 20% compared with the previous year. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap skyrocketed to $6.9K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.3 | 2.0 | 5.9 | 6.9 | 17.1% |
| Italy | N/A | 3.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.3 | 5.1 | 5.9 | 6.9 | 17.1% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Belarus in 2022:
- Russia (297.0 kg)
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus
In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap imported into Belarus fell to 25 kg, with a decrease of -3.8% against the year before. Over the period under review, imports continue to indicate a dramatic descent.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap declined sharply to $837 in 2022. Overall, imports faced a sharp decline.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.6 | 43.7 | 0.5 | 0.5 | -55.3% |
| Netherlands | 25.8 | 97.5 | 0.5 | 0.3 | -77.3% |
| Russia | 3.3 | 5.1 | N/A | N/A | 54.5% |
| China | 0.2 | 0.7 | N/A | N/A | 250.0% |
| Switzerland | 0.6 | 2.4 | N/A | N/A | 300.0% |
| Germany | 5.6 | 8.1 | N/A | N/A | 44.6% |
| United States | 0.6 | 1.9 | N/A | N/A | 216.7% |
| India | 0.4 | 0.5 | N/A | N/A | 25.0% |
| Czech Republic | N/A | 0.1 | N/A | N/A | 0% |
| Ukraine | 278 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 1.0 | N/A | N/A | 11.1% |
| Total | 321 | 161 | 1.0 | 0.8 | -86.4% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Belarus in 2022:
- Poland (15.0 kg)
- Netherlands (3.0 kg)
- Czech Republic (1.0 kg)
- India (1.0 kg)
- United States (1.0 kg)
- Germany (1.0 kg)
- Switzerland (1.0 kg)
- China (1.0 kg)
- Russia (1.0 kg)
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