Price for Chromium Oxides and Hydroxides in Serbia - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Serbia (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Serbia (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Serbia
- Exports of Chromium Oxides and Hydroxides in Serbia
Price for Chromium Oxides and Hydroxides in Serbia (CIF) - 2022
In 2022, the average chromium oxides and hydroxides import price amounted to $6,126 per ton, surging by 40% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromium oxides and hydroxides import price increased by +71.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,353 per ton), while the price for Italy ($2,359 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides in Serbia (FOB) - 2022
In 2022, the average chromium oxides and hydroxides export price amounted to $6,504 per ton, with an increase of 73% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromium oxides and hydroxides export price increased by +93.4% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Israel ($6,967 per ton), while the average price for exports to Bosnia and Herzegovina ($2,200 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 North Macedonia (+0.0%), while the prices for the other major destinations experienced a decline.
Imports of Chromium Oxides and Hydroxides in Serbia
In 2022, purchases abroad of chromium oxides and hydroxideses decreased by -27.7% to 33 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2020 with an increase of 68%. As a result, imports attained the peak of 60 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, chromium oxides and hydroxides imports amounted to $204K in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 14%. As a result, imports attained the peak of $214K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Chromium Oxides and Hydroxides in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 16.8 | 59.1 | 63.7 | 85.2 | 71.8% |
| Russia | 36.8 | 108 | 86.2 | 52.2 | 12.4% |
| Germany | 99.1 | 35.9 | 39.4 | 47.8 | -21.6% |
| Italy | N/A | N/A | N/A | 11.3 | 0% |
| Czech Republic | 1.7 | 2.5 | 2.7 | 4.2 | 35.2% |
| Spain | 28.7 | N/A | N/A | N/A | 0% |
| Others | 4.9 | 8.7 | 9.5 | 3.4 | -11.5% |
| Total | 188 | 214 | 201 | 204 | 2.8% |
Top Suppliers of Chromium Oxides and Hydroxides to Serbia in 2022:
- Russia (12.0 tons)
- Slovenia (10.0 tons)
- Germany (5.1 tons)
- Italy (4.8 tons)
- Czech Republic (0.7 tons)
Exports of Chromium Oxides and Hydroxides in Serbia
After three years of growth, overseas shipments of chromium oxides and hydroxideses decreased by -73.3% to 977 kg in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 3,754%.
In value terms, chromium oxides and hydroxides exports fell dramatically to $6.4K in 2022. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 2,882%.
| Export of Chromium Oxides and Hydroxides in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 5.7 | 0% |
| North Macedonia | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Montenegro | 0.2 | N/A | 10.8 | 0.2 | 0.0% |
| Bosnia and Herzegovina | N/A | 6.7 | 2.6 | N/A | -61.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | 6.7 | 13.7 | 6.4 | 217.5% |
Top Export Markets for Chromium Oxides and Hydroxides from Serbia in 2022:
- Israel (825.0 kg)
- Montenegro (97.0 kg)
- North Macedonia (50.0 kg)
- Bosnia and Herzegovina (5.0 kg)
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Serbia.
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This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Serbia.
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This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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In value terms, manganese oxides exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indica...
