Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $8,823 per ton, rising by 25% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chromium oxides and hydroxides; excluding chromium trioxides increased by +67.2% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($63,071 per ton), while the price for Italy ($2,296 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+22.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus (FOB) - 2022
In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $225,000 per ton, with an increase of 63% against the previous year. Overall, the export price showed a significant increase. The growth pace was the most rapid in 2021 an increase of 66% 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 the immediate term.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +45.3% per year.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus
In 2022, purchases abroad of chromium oxides and hydroxides; excluding chromium trioxides increased by 7.5% to 9.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp curtailment.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides surged to $80K in 2022. Overall, imports, however, recorded a abrupt curtailment.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 43.0 | 37.9 | 32.5 | 41.9 | -0.9% |
| Germany | 27.5 | 18.8 | 8.1 | 17.7 | -13.7% |
| Russia | 8.0 | 1.4 | 4.0 | 4.7 | -16.2% |
| China | 10.8 | 5.4 | 4.0 | 4.4 | -25.9% |
| Spain | 2.4 | 2.3 | 2.2 | 3.1 | 8.9% |
| Czech Republic | 3.2 | 2.6 | 1.9 | 2.4 | -9.1% |
| Italy | 0.4 | 0.5 | 0.4 | 0.5 | 7.7% |
| Others | 6.5 | 4.1 | 6.6 | 5.7 | -4.3% |
| Total | 102 | 72.9 | 59.7 | 80.4 | -7.6% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Belarus in 2022:
- Germany (3.3 tons)
- Russia (1.9 tons)
- China (1.3 tons)
- Spain (0.8 tons)
- Kazakhstan (0.7 tons)
- Czech Republic (0.6 tons)
- Italy (0.2 tons)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus
In 2022, exports of chromium oxides and hydroxides; excluding chromium trioxides from Belarus skyrocketed to 272 kg, with an increase of 700% on the year before. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides soared to $61K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Russia | 0.5 | 4.7 | 61.2 | 1006.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.5 | 4.7 | 61.2 | 1006.3% | |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Belarus in 2022:
- Russia (272.0 kg)
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