Spain - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chromium Ore and Concentrate in Spain - 2023
Contents:
- Price for Chromium Ore and Concentrate in Spain (CIF) - 2023
- Price for Chromium Ore and Concentrate in Spain (FOB) - 2022
- Imports of Chromium Ore and Concentrate in Spain
- Exports of Chromium Ore and Concentrate in Spain
Price for Chromium Ore and Concentrate in Spain (CIF) - 2023
In August 2023, the average chromium ore and concentrate import price amounted to $476 per ton, rising by 22% against the previous month. In general, import price indicated a noticeable increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, chromium ore and concentrate import price increased by +21.7% against July 2023 indices. The growth pace was the most rapid in May 2023 an increase of 28% m-o-m. As a result, import price reached the peak level of $661 per ton. From June 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($764 per ton), while the price for South Africa ($439 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Ore and Concentrate in Spain (FOB) - 2022
The average chromium ore and concentrate export price stood at $500 per ton in 2022, with an increase of 4.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 59% against the previous year. The export price peaked at $596 per ton in 2018; however, from 2019 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 Peru ($654 per ton), while the average price for exports to China ($200 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 Hong Kong SAR (+111.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium Ore and Concentrate in Spain
In 2022, approx. 26K tons of chromium ores and concentrates were imported into Spain; remaining constant against the previous year's figure. Over the period under review, imports faced a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year.
In value terms, chromium ore and concentrate imports skyrocketed to $9.8M in 2022. In general, imports continue to indicate a abrupt contraction.
Import of Chromium Ore and Concentrate in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 2.7 | 2.3 | 5.1 | 5.3 | 25.2% |
Pakistan | 1.3 | 1.0 | 0.6 | 1.8 | 11.5% |
Zimbabwe | N/A | 0.1 | 0.3 | 1.3 | 260.6% |
Netherlands | 1.0 | 0.4 | 0.7 | 0.5 | -20.6% |
Brazil | 0.8 | 1.5 | 0.2 | 0.4 | -20.6% |
France | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
India | 4.7 | 2.6 | N/A | N/A | -44.7% |
Others | 1.0 | 0.9 | 0.3 | 0.2 | -41.5% |
Total | 11.6 | 8.9 | 7.4 | 9.8 | -5.5% |
Top Suppliers of Chromium Ore and Concentrate to Spain in 2022:
- South Africa (15.9K tons)
- Zimbabwe (4.2K tons)
- Pakistan (2.7K tons)
- Netherlands (1.3K tons)
- Brazil (0.6K tons)
- France (0.6K tons)
Exports of Chromium Ore and Concentrate in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of chromium ores and concentrates, when their volume decreased by -9% to 2.9K tons. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 3.2K tons, and then dropped in the following year.
In value terms, chromium ore and concentrate exports fell modestly to $1.5M in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, the exports attained the peak of $1.5M, and then dropped in the following year.
Export of Chromium Ore and Concentrate in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 350 | 338 | 444 | 478 | 10.9% |
France | 167 | 39.8 | 269 | 234 | 11.9% |
Guatemala | N/A | 26.6 | 147 | 148 | 135.9% |
Egypt | 16.2 | 66.9 | 59.5 | 127 | 98.7% |
Romania | N/A | N/A | 259 | 92.1 | -64.4% |
Chile | 92.8 | 46.5 | 110 | 87.9 | -1.8% |
China | N/A | N/A | N/A | 68.0 | 0% |
United Kingdom | 68.7 | 109 | 25.9 | 36.3 | -19.2% |
Hong Kong SAR | 23.6 | 19.7 | 43.1 | N/A | 35.1% |
Others | 109 | 187 | 182 | 192 | 20.8% |
Total | 827 | 834 | 1,540 | 1,464 | 21.0% |
Top Export Markets for Chromium Ore and Concentrate from Spain in 2022:
- Portugal (1006.5 tons)
- France (516.2 tons)
- China (339.6 tons)
- Guatemala (232.0 tons)
- Egypt (215.0 tons)
- Chile (150.0 tons)
- Romania (144.2 tons)
- United Kingdom (75.0 tons)
This report provides an in-depth analysis of the market for chromium ore and concentrate in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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