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

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Slovakia (CIF) - 2022
  2. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Slovakia (FOB) - 2022
  3. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Slovakia
  4. Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Slovakia

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

In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $80,395 per ton, surging by 8% against the previous year. In general, the import price saw significant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 915% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($83,606 per ton), while the price for Poland ($8,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+43.2%), 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 Slovakia (FOB) - 2022

In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $17,091 per ton, dropping by -47.7% against the previous year. Over the period under review, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 471%. Over the period under review, the average export prices attained the peak figure at $70,968 per ton in 2014; however, from 2015 to 2022, 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 Poland ($24,800 per ton), while the average price for exports to the Czech Republic ($8,750 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 (+65.2%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, supplies from abroad of chromium and articles thereof; wrought other than waste and scrap increased by 15% to 7.1 tons in 2022. In general, imports, however, continue to indicate a sharp reduction.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap soared to $568K in 2022. Over the period under review, imports, however, continue to indicate a sharp descent.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany693441422534-8.3%
Czech Republic1.919.731.332.7158.2%
United Kingdom801767N/AN/A-4.2%
Others7.70.14.60.7-55.0%
Total1,5031,228458568-27.7%

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

  1. Germany (6.4 tons)
  2. Czech Republic (0.6 tons)

Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Slovakia

After three years of growth, overseas shipments of chromium and articles thereof; wrought other than waste and scrap decreased by -52.2% to 11 kg in 2022. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 130%. As a result, the exports reached the peak of 23 kg, and then dropped dramatically in the following year.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap contracted significantly to $188 in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 614%.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A207520124-22.6%
Czech RepublicN/A21.0N/A35.029.1%
GermanyN/A13.015.029.049.4%
Hong Kong SAR33.0N/AN/AN/A0%
HungaryN/AN/A217N/A0%
Bosnia and Herzegovina4.0N/AN/AN/A0%
AustriaN/A23.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total37.026475218871.9%

Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Slovakia in 2022:

  1. Poland (5.0 kg)
  2. Czech Republic (4.0 kg)
  3. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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