Price for Chromium Oxides and Hydroxides in Israel - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Israel (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Israel (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Israel
- Exports of Chromium Oxides and Hydroxides in Israel
Price for Chromium Oxides and Hydroxides in Israel (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $5,026 per ton in 2022, increasing by 32% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $5,789 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($5,510 per ton) and Spain ($5,510 per ton), while the price for the United States ($4,798 per ton) and Germany ($5,000 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chromium Oxides and Hydroxides in Israel (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $6,897 per ton in 2022, surging by 58% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -0.1% per year.
Imports of Chromium Oxides and Hydroxides in Israel
Chromium oxides and hydroxides imports into Israel contracted to 229 tons in 2022, reducing by -14.4% compared with the previous year's figure. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 81%. As a result, imports attained the peak of 267 tons, and then reduced in the following year.
In value terms, chromium oxides and hydroxides imports amounted to $1.1M in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 113% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Chromium Oxides and Hydroxides in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 220 | 305 | 397 | 680 | 45.7% |
| United States | 36.8 | 42.4 | 87.3 | 241 | 87.1% |
| Belgium | 1.8 | 0.9 | 0.2 | 119 | 304.4% |
| Spain | 194 | 34.1 | 466 | 85.0 | -24.0% |
| Kazakhstan | 55.6 | N/A | N/A | N/A | 0% |
| Others | 64.1 | 95.8 | 68.2 | 24.0 | -27.9% |
| Total | 572 | 478 | 1,019 | 1,149 | 26.2% |
Top Suppliers of Chromium Oxides and Hydroxides to Israel in 2022:
- Germany (136.0 tons)
- United States (50.2 tons)
- Belgium (21.6 tons)
- Spain (15.4 tons)
Exports of Chromium Oxides and Hydroxides in Israel
In 2022, shipments abroad of chromium oxides and hydroxideses increased by 45% to 435 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a precipitous contraction.
In value terms, chromium oxides and hydroxides exports skyrocketed to $3K in 2022. Over the period under review, exports, however, saw a significant contraction.
| Export of Chromium Oxides and Hydroxides in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 3.0 | 0% |
| Germany | 11.7 | 1.4 | 1.0 | N/A | -70.8% |
| Denmark | 3.0 | 0.3 | 0.2 | N/A | -74.2% |
| Romania | 1.3 | 0.2 | 0.1 | N/A | -72.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.0 | 2.0 | 1.3 | 3.0 | -42.8% |
Top Export Markets for Chromium Oxides and Hydroxides from Israel in 2022:
- Sweden (435.0 kg)
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