Price for Chromium Oxides and Hydroxides in Algeria - 2022
Contents:
- Price for Chromium Oxides and Hydroxides in Algeria (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides in Algeria
Price for Chromium Oxides and Hydroxides in Algeria (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $4,682 per ton in 2022, shrinking by -2.5% against the previous year. Overall, the import price, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2018 an increase of 64%. Over the period under review, average import prices hit record highs at $5,141 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Turkey ($10,714 per ton), while the price for France ($4,182 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides in Algeria
In 2022, approx. 15 tons of chromium oxides and hydroxideses were imported into Algeria; growing by 39% compared with the year before. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 201% against the previous year. As a result, imports reached the peak of 23 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, chromium oxides and hydroxides imports skyrocketed to $69K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 81% against the previous year. As a result, imports reached the peak of $73K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Chromium Oxides and Hydroxides in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 34.4 | 13.4 | 8.0 | 53.5 | 15.9% |
| Germany | N/A | N/A | N/A | 10.0 | 0% |
| Italy | 2.9 | N/A | N/A | 5.2 | 21.5% |
| Spain | 2.9 | 8.5 | 5.0 | N/A | 31.3% |
| China | N/A | N/A | 38.0 | N/A | 0% |
| South Africa | N/A | 50.7 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 40.1 | 72.6 | 51.0 | 68.9 | 19.8% |
Top Suppliers of Chromium Oxides and Hydroxides to Algeria in 2022:
- France (12.8 tons)
- Germany (1.0 tons)
- Italy (0.9 tons)
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