Price for Chromium Oxides and Hydroxides in Norway - 2023

Contents:

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

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

In 2022, the average chromium oxides and hydroxides import price amounted to $9,847 per ton, with a decrease of -1.9% against the previous year. Overall, the import price, however, saw noticeable growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 185%. As a result, import price reached the peak level of $10,035 per ton, and then dropped in the following year.

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 France ($31,895 per ton), while the price for Sweden ($4,160 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+101.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average chromium oxides and hydroxides export price amounted to $4,075 per ton, which is down by -4.4% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 372% against the previous year. As a result, the export price reached the peak level of $34,299 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -6.5% per year.

Imports of Chromium Oxides and Hydroxides in Norway

In 2022, supplies from abroad of chromium oxides and hydroxideses was finally on the rise to reach 1.3 tons after two years of decline. Over the period under review, imports, however, showed a dramatic decrease.

In value terms, chromium oxides and hydroxides imports totaled $12K in 2022. In general, imports, however, recorded a sharp decrease.

Import of Chromium Oxides and Hydroxides in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.60.50.39.720.1%
United States0.20.1N/A1.386.6%
France0.1N/AN/A0.681.7%
Sweden0.40.10.90.2-20.6%
Spain27.88.95.8N/A-54.3%
Belgium16.65.33.5N/A-54.1%
Denmark4.50.70.3N/A-74.2%
Netherlands6.60.8N/AN/A-87.9%
Others7.52.71.60.7-54.6%
Total69.219.212.412.5-43.5%

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

  1. Germany (1150.0 kg)
  2. Sweden (50.0 kg)
  3. United States (42.0 kg)
  4. France (19.0 kg)

Exports of Chromium Oxides and Hydroxides in Norway

In 2022, exports of chromium oxides and hydroxideses from Norway surged to 23 tons, with an increase of 97% on 2021 figures. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,797%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, chromium oxides and hydroxides exports surged to $94K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 766%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Chromium Oxides and Hydroxides in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A93.70%
Sweden1.62.849.7N/A457.3%
Others3.82.9N/AN/A-23.7%
Total5.45.749.793.7158.9%

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

  1. Poland (23.0 tons)

Source: IndexBox Market Intelligence Platform

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