Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran - 2022
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran (CIF) - 2022
In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $8,565 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $15,581 per ton in 2018; however, from 2019 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 Turkey ($12,653 per ton), while the price for China ($6,909 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran (FOB) - 2022
The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $109,219 per ton in 2022, rising by 4.9% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 66% against the previous year. The export price peaked at $113,093 per ton in 2019; however, from 2020 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 Tajikistan.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +248.0% per year.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran
In 2022, approx. 43 tons of chromium and articles thereof; wrought other than waste and scrap were imported into Iran; growing by 9.3% on 2021. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 166% against the previous year. As a result, imports reached the peak of 96 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap expanded rapidly to $372K in 2022. Over the period under review, imports, however, recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, imports reached the peak of $972K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 128 | 695 | 219 | 248 | 24.7% |
| United Arab Emirates | 270 | 145 | 61.9 | 73.3 | -35.2% |
| Turkey | 30.5 | 70.3 | 32.9 | 18.8 | -14.9% |
| Russia | 63.4 | N/A | N/A | N/A | 0% |
| Others | 33.0 | 61.1 | 23.6 | 32.5 | -0.5% |
| Total | 525 | 972 | 337 | 372 | -10.8% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Iran in 2022:
- China (35.8 tons)
- United Arab Emirates (5.9 tons)
- Turkey (1.5 tons)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran
In 2022, after two years of decline, there was significant growth in overseas shipments of chromium and articles thereof; wrought other than waste and scrap, when their volume increased by 813% to 146 kg. Over the period under review, exports posted significant growth. As a result, the exports reached 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 surged to $16K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | 6.1 | 5.2 | 1.7 | 15.9 | 37.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.1 | 5.2 | 1.7 | 15.9 | 37.6% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Iran in 2022:
- Tajikistan (146.0 kg)
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