Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France (FOB) - 2023
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France (CIF) - 2022
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France (FOB) - 2023
The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $37,833 per ton in October 2023, rising by 308% against the previous month. Over the period under review, the export price showed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +9.5% per month.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $19,796 per ton in 2022, rising by 6.2% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2019 an increase of 261% against the previous year. The import price peaked at $23,221 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 Germany ($28,310 per ton), while the price for the United States stood at $19,764 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+71.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France
In 2022, overseas shipments of chromium oxides and hydroxides; excluding chromium trioxides decreased by -48.8% to 83 tons, falling for the second year in a row after two years of growth. In general, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 345 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides reduced rapidly to $972K in 2022. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 8.9%. As a result, the exports attained the peak of $1.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 211 | 221 | 326 | 374 | 21.0% |
| Germany | 143 | 163 | 168 | 145 | 0.5% |
| United Kingdom | 755 | 822 | 301 | 85.9 | -51.5% |
| Turkey | 0.1 | N/A | 19.3 | 79.4 | 826.0% |
| China | 4.4 | 17.2 | 38.5 | 52.3 | 128.2% |
| Algeria | 15.3 | N/A | N/A | 45.7 | 44.0% |
| India | 12.7 | 27.5 | 38.1 | 32.6 | 36.9% |
| Poland | 26.2 | 2.4 | 4.0 | 26.7 | 0.6% |
| United States | N/A | N/A | 212 | 20.2 | -90.5% |
| United Arab Emirates | N/A | 10.5 | 0.1 | 17.3 | 28.4% |
| Italy | 16.0 | 2.0 | 5.7 | 16.4 | 0.8% |
| Netherlands | 263 | 538 | 109 | 0.1 | -92.8% |
| Brazil | 191 | N/A | N/A | N/A | 0% |
| Others | 98.6 | 87.0 | 127 | 76.7 | -8.0% |
| Total | 1,736 | 1,891 | 1,348 | 972 | -17.6% |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from France in 2022:
- United Kingdom (19.8 tons)
- Austria (15.3 tons)
- Germany (11.9 tons)
- Turkey (10.3 tons)
- India (4.0 tons)
- Algeria (3.7 tons)
- United States (3.6 tons)
- China (3.5 tons)
- Poland (3.1 tons)
- Italy (2.1 tons)
- United Arab Emirates (2.0 tons)
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France
In 2022, imports of chromium oxides and hydroxides; excluding chromium trioxides into France shrank remarkably to 22 tons, with a decrease of -26.9% compared with the year before. In general, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year. As a result, imports attained the peak of 30 tons, and then reduced notably in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides shrank dramatically to $431K in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, imports attained the peak of $555K, and then reduced notably in the following year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 358 | 300 | 516 | 427 | 6.1% |
| Italy | 40.0 | N/A | 5.9 | N/A | -61.6% |
| Others | 7.2 | 7.5 | 32.6 | 4.4 | -15.1% |
| Total | 405 | 307 | 555 | 431 | 2.1% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to France in 2022:
- United States (21.6 tons)
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