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

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Estonia (CIF) - 2022
  2. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Estonia

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

In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $151,400 per ton, jumping by 105% against the previous year. In general, the import price enjoyed strong growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 250% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Czech Republic ($248,000 per ton), while the price for Finland ($80,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+43.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas purchases of chromium and articles thereof; wrought other than waste and scrap decreased by -77.3% to 20 kg in 2022. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 159% against the previous year. As a result, imports attained the peak of 88 kg, and then fell significantly in the following year.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap shrank rapidly to $3K in 2022. In general, imports, however, enjoyed pronounced growth. The growth pace was the most rapid in 2021 with an increase of 102%. As a result, imports attained the peak of $6.5K, and then fell significantly in the following year.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/A1.92.42.310.0%
Czech Republic0.21.20.70.535.7%
FinlandN/AN/A3.00.2-93.3%
Russia0.1N/AN/AN/A0%
Germany0.7N/AN/AN/A0%
United Kingdom1.5N/AN/AN/A0%
DenmarkN/AN/A0.4N/A0%
Others0.10.1N/AN/A0.0%
Total2.63.26.53.04.9%

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

  1. Latvia (15.0 kg)
  2. Finland (3.0 kg)
  3. Czech Republic (2.0 kg)

Source: IndexBox Market Intelligence Platform

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