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

Contents:

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

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

The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $45,627 per ton in 2022, surging by 372% against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 719% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($215,757 per ton), while the average price for exports to Italy ($1,885 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 Cuba (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $39,932 per ton in 2022, declining by -68.5% against the previous year. In general, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2019 an increase of 101% against the previous year. Over the period under review, average import prices reached the peak figure at $126,886 per ton in 2021, and then fell remarkably in the following year.

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 France ($269,080 per ton), while the price for Italy ($7,683 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap exported from Spain shrank sharply to 1.4 tons, waning by -94% compared with the previous year's figure. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 37,525% against the previous year. As a result, the exports attained the peak of 23 tons, and then dropped rapidly in the following year.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap fell sharply to $63K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 41,484%. As a result, the exports reached the peak of $222K, and then fell markedly in the following year.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A37.40%
FranceN/A0.10.317.31215.3%
MoroccoN/AN/AN/A8.00%
PolandN/AN/A1960.1-99.9%
Switzerland60.7N/AN/AN/A0%
Cuba25.8N/A24.3N/A-3.0%
ItalyN/A0.10.2N/A100.0%
Others0.60.40.90.2-30.7%
Total87.10.522262.9-10.3%

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

  1. France (1029.0 kg)
  2. Portugal (264.0 kg)
  3. Morocco (37.0 kg)
  4. Italy (26.0 kg)
  5. Poland (9.0 kg)

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

In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap imported into Spain dropped dramatically to 1.3 tons, which is down by -20.3% on 2021. Overall, imports showed a precipitous contraction.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap dropped notably to $52K in 2022. In general, imports faced a sharp setback. The smallest decline of -2% was in 2021.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LuxembourgN/AN/AN/A14.90%
United States31.532.429.311.7-28.1%
France10764.31516.7-60.3%
Germany27.274.45.04.1-46.8%
ItalyN/A0.80.12.058.1%
Belgium0.30.20.30.732.6%
Russia14335.715.4N/A-67.2%
Others3.04.05.911.857.9%
Total31221220852.1-44.9%

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

  1. United States (586.0 kg)
  2. Luxembourg (299.0 kg)
  3. Italy (265.0 kg)
  4. Belgium (52.0 kg)
  5. Germany (40.0 kg)
  6. France (25.0 kg)

Source: IndexBox Market Intelligence Platform

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