Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Chile - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Chile (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Chile
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Chile (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $5,819 per ton in 2022, with an increase of 8.8% against the previous year. In general, the import price, however, showed a mild decrease. The growth pace was the most rapid in 2020 when the average import price increased by 47% against the previous year. The import price peaked at $6,581 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,663 per ton), while the price for China ($5,168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Chile
In 2022, supplies from abroad of chromium oxides and hydroxides; excluding chromium trioxides was finally on the rise to reach 29 tons after two years of decline. Over the period under review, imports, however, showed a deep contraction.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides soared to $170K in 2022. In general, imports showed a moderate expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.5 | 19.9 | 19.8 | 110 | 78.0% |
| United States | 66.9 | 25.2 | 2.3 | 46.0 | -11.7% |
| Germany | 9.9 | 5.7 | 6.6 | 14.5 | 13.6% |
| Colombia | 36.7 | 30.0 | 24.2 | N/A | -18.8% |
| Brazil | 17.4 | 14.0 | 11.1 | N/A | -20.1% |
| Others | 0.8 | 1.3 | 1.3 | 0.3 | -27.9% |
| Total | 151 | 96.1 | 65.2 | 170 | 4.0% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Chile in 2022:
- China (21.2 tons)
- United States (6.0 tons)
- Germany (2.1 tons)
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