Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $7,717 per ton in 2022, dropping by -6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 22%. As a result, import price attained the peak level of $8,267 per ton, and then declined in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($8,314 per ton), while the price for China ($5,993 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece (FOB) - 2022
In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $1,352 per ton, dropping by -15.4% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 9.1%. Over the period under review, the average export prices hit record highs at $9,566 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bulgaria.
From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to -7.1% per year.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece
In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides imported into Greece skyrocketed to 16 tons, increasing by 31% against the previous year. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides soared to $123K in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.4 | 14.7 | 12.2 | 64.9 | 106.2% |
| Germany | 46.1 | 91.3 | 59.2 | 44.2 | -1.4% |
| China | 18.7 | 5.7 | 6.3 | 13.6 | -10.1% |
| Cyprus | 22.8 | N/A | N/A | N/A | 0% |
| Others | 6.1 | 0.1 | 22.6 | 0.1 | -74.6% |
| Total | 101 | 112 | 100 | 123 | 6.8% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Greece in 2022:
- Spain (7.8 tons)
- Germany (5.8 tons)
- China (2.3 tons)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece
In 2022, overseas shipments of chromium oxides and hydroxides; excluding chromium trioxides decreased by -17.8% to 41 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports attained the peak of 50 tons, and then reduced dramatically in the following year.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides fell rapidly to $56K in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports reached the peak of $80K, and then reduced dramatically in the following year.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 51.3 | 43.1 | 80.2 | 55.8 | 2.8% |
| Others | 5.0 | 2.7 | N/A | N/A | -46.0% |
| Total | 56.3 | 45.7 | 80.2 | 55.8 | -0.3% |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Greece in 2022:
- Bulgaria (41.3 tons)
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