Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $38,030 per ton in 2022, shrinking by -31.8% against the previous year. In general, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2013 an increase of 52% against the previous year. The import price peaked at $123,968 per ton in 2014; however, from 2015 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 ($122,515 per ton), while the price for China ($13,414 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 (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy (FOB) - 2022
In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $11,870 per ton, rising by 67% against the previous year. Overall, the export price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 187%. Over the period under review, the average export prices reached the maximum at $31,273 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($16,724 per ton), while the average price for exports to France ($3,167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+76.9%), 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 Italy
Imports of chromium and articles thereof; wrought other than waste and scrap into Italy soared to 27 tons in 2022, growing by 42% on the year before. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 112%. As a result, imports reached the peak of 56 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap contracted to $1M in 2022. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 174% against the previous year. As a result, imports reached the peak of $2.3M. 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 Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 344 | 648 | 335 | 546 | 16.6% |
| China | 124 | 142 | 90.6 | 263 | 28.5% |
| France | 83.4 | 62.7 | 68.3 | 186 | 30.7% |
| Netherlands | 177 | 1,022 | 501 | 1.0 | -82.2% |
| Others | 129 | 472 | 73.4 | 40.4 | -32.1% |
| Total | 858 | 2,347 | 1,068 | 1,037 | 6.5% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Italy in 2022:
- China (19.6 tons)
- Germany (4.5 tons)
- France (2.4 tons)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy
In 2022, after three years of growth, there was significant decline in overseas shipments of chromium and articles thereof; wrought other than waste and scrap, when their volume decreased by -56.9% to 36 tons. Overall, exports, however, saw measured growth. The most prominent rate of growth was recorded in 2021 with an increase of 115%. As a result, the exports attained the peak of 84 tons, and then contracted dramatically in the following year.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap fell significantly to $431K in 2022. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 174% against the previous year. As a result, the exports attained the peak of $599K, and then contracted sharply in the following year.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 166 | 177 | 263 | 208 | 7.8% |
| Hungary | N/A | N/A | 273 | 182 | -33.3% |
| Serbia | N/A | N/A | N/A | 16.6 | 0% |
| Germany | N/A | 6.1 | 9.7 | 7.3 | 9.4% |
| France | 0.2 | 3.8 | 3.0 | 3.3 | 154.6% |
| Turkey | 100 | 17.2 | 15.7 | N/A | -60.4% |
| Others | 48.0 | 13.6 | 33.7 | 14.3 | -33.2% |
| Total | 314 | 218 | 599 | 431 | 11.1% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Italy in 2022:
- Romania (20.0 tons)
- Hungary (12.5 tons)
- Serbia (1.0 tons)
- France (1.0 tons)
- Germany (0.7 tons)
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