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

Contents:

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

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

In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $9,579 per ton, rising by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2020 when the average import price increased by 21%. The import price peaked at $13,106 per ton in 2014; however, from 2015 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 the United States ($26,717 per ton), while the price for China ($8,412 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 States (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $19,587 per ton, surging by 65% against the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 370% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($125,784 per ton), while the average price for exports to the Netherlands ($8,264 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 Turkey (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of chromium oxides and hydroxides; excluding chromium trioxides into Switzerland contracted to 136 tons in 2022, shrinking by -14.3% against 2021. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 28%.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides fell slightly to $1.3M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of $1.4M, and then declined in the following year.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1738751,1891,2291.6%
United States87.011246.146.8-18.7%
Others73.663.012822.4-32.7%
Total1,3341,0491,3631,298-0.9%

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

  1. Germany (131.3 tons)
  2. United States (1.8 tons)

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

In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides exported from Switzerland expanded significantly to 6 tons, picking up by 11% compared with the previous year. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 797% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides soared to $118K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 886%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.6N/A4.266.3379.9%
Poland7.64.441.628.655.5%
NetherlandsN/AN/A10.813.222.2%
Germany4.60.76.88.522.7%
Others5.71.30.71.4-37.4%
Total18.66.564.111885.1%

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

  1. Poland (3.3 tons)
  2. Netherlands (1.6 tons)
  3. United States (0.5 tons)
  4. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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