Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Philippines - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Philippines (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Philippines
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Philippines (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $7,991 per ton in 2022, growing by 32% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 204%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($9,522 per ton), while the price for the UK ($1,313 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Philippines
In 2022, approx. 21 tons of chromium oxides and hydroxides; excluding chromium trioxides were imported into the Philippines; dropping by -66.6% on the previous year's figure. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 22%.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides dropped notably to $170K in 2022. Overall, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 46%.
Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 35.5 | 52.9 | 76.6 | 111 | 46.2% |
Japan | 13.6 | 3.2 | 13.1 | 41.6 | 45.2% |
China | 74.2 | 64.7 | 220 | 8.2 | -52.0% |
Taiwan (Chinese) | 5.8 | 0.9 | 0.6 | 2.8 | -21.6% |
United Kingdom | 72.1 | N/A | N/A | 0.2 | -85.9% |
Netherlands | N/A | 50.9 | N/A | N/A | 0% |
Australia | 53.0 | 30.9 | 40.6 | N/A | -12.5% |
United States | 133 | 47.0 | 15.2 | N/A | -66.2% |
Brazil | 43.0 | N/A | N/A | N/A | 0% |
Others | 34.2 | 13.6 | 18.5 | 5.8 | -44.6% |
Total | 465 | 264 | 385 | 170 | -28.5% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to the Philippines in 2022:
- Germany (15.0 tons)
- Japan (4.4 tons)
- China (1.2 tons)
- Taiwan (Chinese) (0.3 tons)
- United Kingdom (0.2 tons)
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in the Philippines.
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in the Philippines.
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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