Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $108,931 per ton in 2022, rising by 24% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $135,527 per ton in 2013; however, from 2014 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 Russia ($221,481 per ton), while the price for Latvia ($62,515 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.8%), 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 Lithuania (FOB) - 2022
The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $115,855 per ton in 2020, increasing by 18% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The export price peaked at $683,000 per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($117,739 per ton), while the average price for exports to Latvia amounted to $29,200 per ton.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.3%).
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania
In 2022, supplies from abroad of chromium and articles thereof; wrought other than waste and scrap decreased by -5.6% to 102 kg, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 117%. As a result, imports attained the peak of 408 kg. 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 skyrocketed to $11K in 2022. Overall, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 120% against the previous year. As a result, imports attained the peak of $36K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.3 | 4.4 | 5.1 | 6.0 | 4.2% |
| Latvia | 6.5 | 4.1 | 3.8 | 4.3 | -12.9% |
| United Kingdom | 1.6 | N/A | N/A | 0.7 | -24.1% |
| Belgium | N/A | 27.1 | 0.1 | 0.1 | -93.9% |
| Italy | 2.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.4 | 0.5 | 0.1 | 0.0% |
| Total | 16.3 | 36.0 | 9.5 | 11.1 | -12.0% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Lithuania in 2022:
- Latvia (68.0 kg)
- Russia (27.0 kg)
- United Kingdom (4.0 kg)
- Belgium (1.0 kg)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Lithuania
In 2020, approx. 235 kg of chromium and articles thereof; wrought other than waste and scrap were exported from Lithuania; with an increase of 370% against the previous year. Over the period under review, exports continue to indicate a significant expansion. 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 $27K in 2020. Overall, exports saw a significant increase. As a result, the exports attained 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 Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Russia | 2.7 | 27.1 | 903.7% | ||
| Latvia | 0.7 | 0.1 | -85.7% | ||
| Poland | 1.5 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 4.9 | 27.2 | 455.1% | ||
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Lithuania in 2022:
- Russia (230.0 kg)
- Latvia (5.0 kg)
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