Price for Chromium Oxides and Hydroxides in Egypt - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Egypt (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Egypt (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Egypt
- Exports of Chromium Oxides and Hydroxides in Egypt
Price for Chromium Oxides and Hydroxides in Egypt (CIF) - 2022
In 2022, the average chromium oxides and hydroxides import price amounted to $3,958 per ton, growing by 20% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 25% against the previous year. Over the period under review, average import prices reached the peak figure at $4,202 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,510 per ton), while the price for the United States ($3,553 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides in Egypt (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $2,205 per ton in 2022, waning by -17.6% against the previous year. In general, the export price, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2020 an increase of 34% against the previous year. The export price peaked at $2,677 per ton in 2021, and then declined markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($2,574 per ton), while the average price for exports to Tanzania totaled $1,049 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides in Egypt
In 2022, supplies from abroad of chromium oxides and hydroxideses decreased by -1.6% to 143 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a mild downturn. The most prominent rate of growth was recorded in 2020 with an increase of 48%. As a result, imports reached the peak of 221 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, chromium oxides and hydroxides imports soared to $565K in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period.
| Import of Chromium Oxides and Hydroxides in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 186 | 171 | 58.4 | 273 | 13.6% |
| Germany | 4.1 | 68.2 | 47.1 | 120 | 208.2% |
| South Africa | 44.4 | 35.1 | 36.8 | 80.0 | 21.7% |
| Italy | 7.6 | 10.5 | 18.7 | 37.6 | 70.4% |
| United Kingdom | N/A | N/A | N/A | 34.8 | 0% |
| United States | 17.7 | 13.9 | 9.9 | 11.6 | -13.1% |
| Kazakhstan | 48.8 | 52.5 | 62.8 | N/A | 13.4% |
| Estonia | 33.5 | 30.1 | 30.0 | N/A | -5.4% |
| Belarus | 41.5 | 55.0 | 31.8 | N/A | -12.5% |
| Turkey | 106 | 124 | 104 | N/A | -0.9% |
| Others | 13.9 | 23.0 | 78.8 | 8.8 | -14.1% |
| Total | 504 | 583 | 479 | 565 | 3.9% |
Top Suppliers of Chromium Oxides and Hydroxides to Egypt in 2022:
- Russia (76.7 tons)
- South Africa (22.5 tons)
- Germany (21.8 tons)
- Italy (10.6 tons)
- United Kingdom (6.3 tons)
- United States (3.3 tons)
Exports of Chromium Oxides and Hydroxides in Egypt
In 2022, shipments abroad of chromium oxides and hydroxideses was finally on the rise to reach 6 tons after two years of decline. Over the period under review, exports, however, faced a precipitous decline.
In value terms, chromium oxides and hydroxides exports skyrocketed to $13K in 2022. In general, exports, however, faced a deep setback.
| Export of Chromium Oxides and Hydroxides in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 4.6 | 24.5 | 0.3 | 11.6 | 36.1% |
| Tanzania | N/A | N/A | 0.1 | 1.5 | 1400.0% |
| United States | 19.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.3 | N/A | 0% |
| Total | 24.4 | 24.5 | 1.7 | 13.1 | -18.7% |
Top Export Markets for Chromium Oxides and Hydroxides from Egypt in 2022:
- Sudan (4.5 tons)
- Tanzania (1.4 tons)
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