Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iraq - 2022

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iraq (CIF) - 2022
  2. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iraq

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

The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $1,983 per ton in 2022, approximately equating the previous year. Overall, the import price faced a deep contraction. The growth pace was the most rapid in 2017 an increase of 34% against the previous year. The import price peaked at $11,136 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -15.8% per year.

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

Imports of chromium oxides and hydroxides; excluding chromium trioxides into Iraq expanded remarkably to 58 kg in 2022, picking up by 14% on the previous year. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% 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 decreased by -9.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56% against the previous year. As a result, imports attained the peak of 64 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides reached $115 in 2022. In general, imports, however, continue to indicate a abrupt decrease.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Iraq (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey28.012810211560.1%
United Arab Emirates132N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total160128102115-10.4%

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

  1. Turkey (58.0 kg)

Source: IndexBox Market Intelligence Platform

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