Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Pakistan - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Pakistan (CIF) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Pakistan
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Pakistan (CIF) - 2022
In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $10,197 per ton, picking up by 11% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 51%. As a result, import price reached the peak level of $15,734 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +13.0% per year.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Pakistan
In 2022, purchases abroad of chromium and articles thereof; wrought other than waste and scrap decreased by -91.5% to 259 kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a significant curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of 14 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap contracted remarkably to $2.6K in 2022. Overall, imports faced a precipitous setback. The pace of growth was the most pronounced in 2020 with an increase of 55%. As a result, imports attained the peak of $152K. 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 Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.5 | 4.6 | 0.5 | 2.6 | -22.1% |
| United Kingdom | 6.7 | 4.1 | 2.7 | N/A | -36.5% |
| France | 41.8 | 86.2 | 14.6 | N/A | -40.9% |
| United States | 43.5 | 55.8 | 10.0 | N/A | -52.1% |
| Others | 0.3 | 0.9 | 0.1 | N/A | -42.3% |
| Total | 97.7 | 152 | 27.9 | 2.6 | -70.1% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Pakistan in 2022:
- China (259.0 kg)
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