Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates - 2022
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $44,195 per ton in 2022, picking up by 20% against the previous year. In general, the import price saw a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 84%. The import price peaked at $69,884 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 ($458,048 per ton), while the price for Russia ($22,449 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+30.6%), 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 the United Arab Emirates (FOB) - 2022
The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $153,400 per ton in 2022, rising by 1,019% against the previous year. Overall, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($414,625 per ton), while the average price for exports to Namibia ($94,250 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 South Africa (+88.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates
In 2022, approx. 106 tons of chromium and articles thereof; wrought other than waste and scrap were imported into the United Arab Emirates; rising by 1,697% compared with the previous year. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap surged to $4.7M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.7 | 48.1 | 102 | 3,558 | 299.7% |
| Germany | 402 | 21.6 | 54.0 | 518 | 8.8% |
| Russia | 172 | 38.4 | 48.0 | 432 | 35.9% |
| Others | 47.4 | 12.1 | 13.0 | 183 | 56.9% |
| Total | 677 | 120 | 217 | 4,692 | 90.7% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to the United Arab Emirates in 2022:
- China (80.2 tons)
- Russia (19.3 tons)
- Germany (6.2 tons)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates
In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap exported from the United Arab Emirates reduced dramatically to 95 kg, with a decrease of -97.9% compared with the year before. Overall, exports continue to indicate a sharp setback. The smallest decline of -40% was in 2021.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap declined dramatically to $15K in 2022. In general, exports recorded a dramatic decrease. The smallest decline of -20.8% was in 2021.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | 25.6 | 5.3 | -79.3% |
| South Africa | N/A | N/A | N/A | 3.3 | 0% |
| Namibia | N/A | N/A | N/A | 1.1 | 0% |
| Angola | N/A | N/A | N/A | 1.0 | 0% |
| Mauritania | N/A | N/A | N/A | 0.9 | 0% |
| Pakistan | N/A | N/A | N/A | 0.8 | 0% |
| Norway | N/A | N/A | N/A | 0.6 | 0% |
| Ethiopia | N/A | 32.8 | N/A | N/A | 0% |
| Iran | 278 | 39.8 | 34.3 | N/A | -64.9% |
| Others | 12.1 | 6.5 | 2.6 | 1.5 | -50.1% |
| Total | 290 | 79.0 | 62.6 | 14.6 | -63.1% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from the United Arab Emirates in 2022:
- Saudi Arabia (47.0 kg)
- Namibia (12.0 kg)
- Angola (10.0 kg)
- South Africa (8.0 kg)
- Mauritania (7.0 kg)
- Norway (6.0 kg)
- Pakistan (3.0 kg)
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