Price for Chromium Oxides and Hydroxides in Luxembourg - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Luxembourg (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Luxembourg (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Luxembourg
- Exports of Chromium Oxides and Hydroxides in Luxembourg
Price for Chromium Oxides and Hydroxides in Luxembourg (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $7,606 per ton in 2022, shrinking by -3.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 186%. As a result, import price attained the peak level of $24,000 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,320 per ton), while the price for Spain ($7,444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chromium Oxides and Hydroxides in Luxembourg (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $8,144 per ton in 2022, declining by -14.5% against the previous year. Overall, the export price, however, saw a prominent expansion. The growth pace was the most rapid in 2020 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the maximum at $34,000 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($8,478 per ton), while the average price for exports to Thailand ($7,454 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 Thailand (-1.5%), while the prices for the other major destinations experienced a decline.
Imports of Chromium Oxides and Hydroxides in Luxembourg
Chromium oxides and hydroxides imports into Luxembourg reduced notably to 13 tons in 2022, with a decrease of -60.1% against 2021 figures. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 3,031%. As a result, imports reached the peak of 33 tons, and then reduced sharply in the following year.
In value terms, chromium oxides and hydroxides imports plummeted to $100K in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 3,129% against the previous year. As a result, imports attained the peak of $259K, and then fell dramatically in the following year.
| Import of Chromium Oxides and Hydroxides in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.3 | N/A | 54.9 | 67.0 | 109.4% |
| Italy | 16.8 | N/A | 23.5 | 32.0 | 24.0% |
| Germany | 7.1 | 7.5 | 179 | 0.4 | -61.7% |
| Others | 4.1 | 0.5 | 1.8 | 0.4 | -54.0% |
| Total | 35.3 | 8.0 | 259 | 99.8 | 41.4% |
Top Suppliers of Chromium Oxides and Hydroxides to Luxembourg in 2022:
- Spain (9.0 tons)
- Italy (4.0 tons)
- Germany (0.1 tons)
Exports of Chromium Oxides and Hydroxides in Luxembourg
In 2022, chromium oxides and hydroxides exports from Luxembourg dropped markedly to 6.3 tons, falling by -44.8% compared with 2021 figures. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 7,567%. As a result, the exports attained the peak of 12 tons, and then shrank remarkably in the following year.
In value terms, chromium oxides and hydroxides exports reduced notably to $52K in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 6,766%. As a result, the exports attained the peak of $110K, and then declined remarkably in the following year.
| Export of Chromium Oxides and Hydroxides in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 91.8 | 28.3 | -69.2% |
| United Kingdom | N/A | 1.5 | N/A | 15.8 | 224.6% |
| Thailand | 14.9 | N/A | 15.7 | 7.5 | -20.5% |
| Others | 0.2 | 0.1 | 2.1 | 0.1 | -20.6% |
| Total | 15.1 | 1.6 | 110 | 51.7 | 50.7% |
Top Export Markets for Chromium Oxides and Hydroxides from Luxembourg in 2022:
- Italy (3.5 tons)
- United Kingdom (1.9 tons)
- Thailand (1.0 tons)
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