Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $2,832 per ton, with a decrease of -25.5% against the previous year. Over the period under review, the import price showed a pronounced decline. The growth pace was the most rapid in 2021 when the average import price increased by 114% against the previous year. The import price peaked at $5,259 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,352 per ton), while the price for Italy ($1,327 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 Arab Emirates (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran (FOB) - 2022
In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $494 per ton, with an increase of 115% against the previous year. Over the period under review, the export price, however, showed a sharp decline. Over the period under review, the average export prices hit record highs at $6,196 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Armenia.
From 2012 to 2022, the rate of growth in terms of prices for Armenia amounted to -22.3% per year.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran
After two years of decline, supplies from abroad of chromium oxides and hydroxides; excluding chromium trioxides increased by 8.7% to 218 tons in 2022. In general, imports, however, saw a dramatic slump.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides reduced remarkably to $616K in 2022. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 21.1 | 38.3 | 176 | 200 | 111.6% |
| Italy | 193 | 154 | 129 | 146 | -8.9% |
| Turkey | 111 | 132 | 94.2 | 107 | -1.2% |
| China | 423 | 93.2 | 332 | 81.6 | -42.2% |
| United Arab Emirates | 149 | 33.7 | 15.7 | 55.2 | -28.2% |
| Others | 8.4 | 20.2 | 13.7 | 26.5 | 46.7% |
| Total | 906 | 472 | 761 | 616 | -12.1% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Iran in 2022:
- Italy (110.3 tons)
- Turkey (38.7 tons)
- Russia (38.3 tons)
- China (15.3 tons)
- United Arab Emirates (12.2 tons)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran
In 2022, overseas shipments of chromium oxides and hydroxides; excluding chromium trioxides decreased by -65.9% to 5 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 472% against the previous year. As a result, the exports reached the peak of 15 tons, and then declined rapidly in the following year.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides contracted significantly to $2.5K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 113%. As a result, the exports attained the peak of $3.4K, and then reduced sharply in the following year.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | 1.1 | 1.6 | 0.3 | 2.5 | 31.5% |
| Azerbaijan | N/A | N/A | 3.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 1.6 | 3.4 | 2.5 | 31.5% |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Iran in 2022:
- Armenia (5.0 tons)
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