Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $9,622 per ton in 2022, surging by 41% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chromium oxides and hydroxides; excluding chromium trioxides increased by +44.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($35,085 per ton), while the price for Finland ($4,853 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+54.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden (FOB) - 2022
The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $8,855 per ton in 2022, growing by 45% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for chromium oxides and hydroxides; excluding chromium trioxides increased by +105.3% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 61%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($10,133 per ton), while the average price for exports to Poland ($5,655 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 Germany (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden
In 2022, imports of chromium oxides and hydroxides; excluding chromium trioxides into Sweden declined dramatically to 23 tons, waning by -48.3% against 2021. Overall, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 104%. As a result, imports reached the peak of 45 tons, and then dropped significantly in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides contracted remarkably to $222K in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. As a result, imports reached the peak of $305K, and then shrank remarkably in the following year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 148 | 119 | 167 | 120 | -6.8% |
| Spain | 56.9 | 42.1 | 62.5 | 55.9 | -0.6% |
| Japan | 25.1 | 25.0 | 25.0 | 34.2 | 10.9% |
| Finland | N/A | N/A | 8.7 | 4.7 | -46.0% |
| Denmark | 11.1 | N/A | 4.2 | 1.8 | -45.5% |
| Belgium | 5.5 | 12.4 | 27.8 | N/A | 124.8% |
| Slovenia | 12.9 | N/A | N/A | N/A | 0% |
| Others | 3.1 | 7.2 | 9.6 | 4.6 | 14.1% |
| Total | 263 | 206 | 305 | 222 | -5.5% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Sweden in 2022:
- Germany (14.2 tons)
- Spain (6.1 tons)
- Finland (1.0 tons)
- Japan (1.0 tons)
- Denmark (0.3 tons)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden
In 2022, after three years of growth, there was significant decline in overseas shipments of chromium oxides and hydroxides; excluding chromium trioxides, when their volume decreased by -85.4% to 1.3 tons. In general, exports showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 107%.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides shrank remarkably to $12K in 2022. Overall, exports, however, recorded a measured expansion. The pace of growth appeared the most rapid in 2020 with an increase of 132%.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 5.5 | 6.3 | 6.0 | 8.1 | 13.8% |
| Poland | 3.4 | 1.6 | 5.6 | 2.0 | -16.2% |
| Germany | N/A | N/A | N/A | 0.8 | 0% |
| Italy | N/A | N/A | N/A | 0.7 | 0% |
| Lithuania | N/A | N/A | N/A | 0.4 | 0% |
| Norway | 0.1 | 5.6 | 20.6 | N/A | 1335.3% |
| Latvia | 1.5 | 10.9 | 17.7 | N/A | 243.5% |
| Others | N/A | N/A | 6.2 | N/A | 0% |
| Total | 10.5 | 24.3 | 56.1 | 11.9 | 4.3% |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Sweden in 2022:
- Denmark (797.0 kg)
- Poland (351.0 kg)
- Germany (75.0 kg)
- Italy (75.0 kg)
- Lithuania (50.0 kg)
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