Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Uzbekistan - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Uzbekistan (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Uzbekistan
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Uzbekistan (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $8,282 per ton, rising by 104% against the previous year. Over the period under review, the import price saw a significant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 419%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($10,960 per ton), while the price for China ($1,882 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+82.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Uzbekistan
In 2022, purchases abroad of chromium oxides and hydroxides; excluding chromium trioxides decreased by -96.2% to 71 kg, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp slump. The growth pace was the most rapid in 2020 with an increase of 520% against the previous year. As a result, imports attained the peak of 3.1 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides shrank significantly to $588 in 2022. Over the period under review, imports showed a sharp decline. The growth pace was the most rapid in 2020 with an increase of 556% against the previous year. As a result, imports attained the peak of $8.2K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 0.5 | 0% |
| China | N/A | 8.2 | 7.5 | N/A | -8.5% |
| India | 1.2 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 8.2 | 7.5 | 0.6 | -20.6% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Uzbekistan in 2022:
- Russia (50.0 kg)
- China (17.0 kg)
- Netherlands (4.0 kg)
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