Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland - 2023

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland (CIF) - 2022
  2. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland (FOB) - 2022
  3. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland
  4. Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland (CIF) - 2022

The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $7,613 per ton in 2022, remaining constant against the previous year. Overall, the import price, however, saw a mild slump. The pace of growth appeared the most rapid in 2014 an increase of 10%. As a result, import price reached the peak level of $10,197 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Germany ($8,897 per ton), while the price for Sweden ($3,264 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland (FOB) - 2022

The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $8,148 per ton in 2022, remaining constant against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 80% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,201 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lithuania ($8,727 per ton) and Sweden ($8,402 per ton), while the average price for exports to the Netherlands ($6,920 per ton) and Latvia ($8,036 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland

In 2022, imports of chromium oxides and hydroxides; excluding chromium trioxides into Finland contracted markedly to 33 tons, declining by -24.2% on the previous year. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of 43 tons, and then shrank notably in the following year.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides shrank remarkably to $249K in 2022. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany316208314213-12.3%
SwedenN/AN/A3.724.6564.9%
NetherlandsN/AN/A7.28.923.6%
Spain15.1N/AN/AN/A0%
Others17.82.32.72.1-51.0%
Total349210328249-10.6%

Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Finland in 2022:

  1. Germany (23.9 tons)
  2. Sweden (7.5 tons)
  3. Netherlands (1.0 tons)

Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland

In 2022, exports of chromium oxides and hydroxides; excluding chromium trioxides from Finland reduced notably to 3 tons, which is down by -73.6% against the previous year's figure. In general, exports saw a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 139% against the previous year. As a result, the exports attained the peak of 11 tons, and then contracted dramatically in the following year.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides dropped sharply to $25K in 2022. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 144% against the previous year. As a result, the exports reached the peak of $92K, and then fell markedly in the following year.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/A8.28.76.1%
Netherlands23.6N/A12.77.7-31.2%
Estonia0.2N/A0.83.4157.1%
Latvia1.55.423.82.213.6%
Lithuania0.60.61.01.329.4%
Russia0.331.642.7N/A1093.0%
OthersN/AN/A2.81.2-57.1%
Total26.237.792.124.6-2.1%

Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Finland in 2022:

  1. Netherlands (1119.0 kg)
  2. Sweden (1035.0 kg)
  3. Estonia (425.0 kg)
  4. Latvia (275.0 kg)
  5. Lithuania (150.0 kg)

Source: IndexBox Market Intelligence Platform

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