Price for Chromium Oxides and Hydroxides in Greece - 2023

Contents:

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

Price for Chromium Oxides and Hydroxides in Greece (CIF) - 2022

The average chromium oxides and hydroxides import price stood at $5,709 per ton in 2022, picking up by 13% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 35% against the previous year. The import price peaked at $7,366 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 Spain ($8,188 per ton), while the price for Turkey ($3,580 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chromium Oxides and Hydroxides in Greece (FOB) - 2022

The average chromium oxides and hydroxides export price stood at $1,466 per ton in 2022, with a decrease of -17% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 7.5% against the previous year. The export price peaked at $4,971 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Albania ($4,634 per ton), while the average price for exports to Bulgaria amounted to $1,396 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Chromium Oxides and Hydroxides in Greece

After two years of decline, purchases abroad of chromium oxides and hydroxideses increased by 4% to 51 tons in 2022. Overall, imports, however, showed a deep setback.

In value terms, chromium oxides and hydroxides imports skyrocketed to $289K in 2022. In general, imports, however, showed a abrupt contraction.

Import of Chromium Oxides and Hydroxides in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A3.416.388.8411.1%
Germany84.312411084.80.2%
Spain30783.925.963.5-40.9%
Turkey53.126.727.632.2-15.4%
China18.75.86.113.8-9.6%
FranceN/A3.251.96.036.9%
Netherlands11.64.52.8N/A-50.9%
Others23.20.14.30.1-83.7%
Total498252245289-16.6%

Top Suppliers of Chromium Oxides and Hydroxides to Greece in 2022:

  1. Italy (15.7 tons)
  2. Germany (14.5 tons)
  3. Turkey (9.0 tons)
  4. Spain (7.8 tons)
  5. China (2.3 tons)
  6. France (1.5 tons)

Exports of Chromium Oxides and Hydroxides in Greece

After three years of growth, shipments abroad of chromium oxides and hydroxideses decreased by -20.7% to 42 tons in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of 53 tons, and then shrank dramatically in the following year.

In value terms, chromium oxides and hydroxides exports shrank remarkably to $62K in 2022. Overall, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of $94K, and then dropped notably in the following year.

Export of Chromium Oxides and Hydroxides in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria51.343.080.457.63.9%
Albania7.88.013.33.7-22.0%
Romania4.65.7N/AN/A23.9%
Others5.02.70.40.7-48.1%
Total68.759.494.262.0-3.4%

Top Export Markets for Chromium Oxides and Hydroxides from Greece in 2022:

  1. Bulgaria (41.3 tons)
  2. Albania (0.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Chromium oxides and hydroxides - Greece