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

Contents:

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

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

The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $6,008 per ton in 2022, increasing by 42% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The import price peaked at $7,742 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,427 per ton), while the price for France ($3,682 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $7,787 per ton, increasing by 57% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($10,020 per ton), while the average price for exports to Hungary ($5,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of chromium oxides and hydroxides; excluding chromium trioxides decreased by -0.7% to 870 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 876 tons, leveling off in the following year.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides surged to $5.2M in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 49%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5911,0731,6443,96488.6%
Russia5251,0281,137368-11.2%
France14.42.4595265164.0%
Italy708202224203-34.1%
China2510.2N/A191-8.7%
Czech Republic18.54.14.712991.0%
Estonia13139.162.011.1-56.1%
Others12614649.495.9-8.7%
Total2,3652,4953,7165,22730.3%

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

  1. Germany (616.8 tons)
  2. Russia (80.8 tons)
  3. France (71.8 tons)
  4. China (33.9 tons)
  5. Italy (32.3 tons)
  6. Czech Republic (22.1 tons)
  7. Estonia (2.0 tons)

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

In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides exported from Poland surged to 33 tons, increasing by 52% against 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides surged to $255K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A4.50.1177527.2%
Czech Republic45.144.179.447.71.9%
Hungary57.746.4N/A11.4-41.8%
Lithuania0.80.31.76.7103.1%
ItalyN/A67.61.01.2-86.7%
Ukraine12.23.1N/AN/A-74.6%
Others15.07.424.410.6-10.9%
Total13117310725524.9%

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

  1. Russia (20.3 tons)
  2. Czech Republic (8.2 tons)
  3. Hungary (2.0 tons)
  4. Lithuania (0.8 tons)
  5. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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