Price for Chromium Oxides and Hydroxides in Slovakia - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Slovakia (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Slovakia (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Slovakia
- Exports of Chromium Oxides and Hydroxides in Slovakia
Price for Chromium Oxides and Hydroxides in Slovakia (CIF) - 2022
In 2022, the average chromium oxides and hydroxides import price amounted to $4,208 per ton, rising by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The import price peaked at $5,277 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the Czech Republic ($7,360 per ton), while the price for Kazakhstan ($2,649 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides in Slovakia (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $3,633 per ton in 2022, dropping by -6.2% against the previous year. Overall, the export price saw a noticeable slump. The pace of growth was the most pronounced in 2018 an increase of 50%. The export price peaked at $5,910 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hungary ($4,082 per ton) and the Czech Republic ($4,058 per ton), while the average price for exports to Austria ($2,987 per ton) and Romania ($4,005 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Chromium Oxides and Hydroxides in Slovakia
In 2022, approx. 127 tons of chromium oxides and hydroxideses were imported into Slovakia; increasing by 12% compared with 2021 figures. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +62.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, chromium oxides and hydroxides imports surged to $535K in 2022. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Chromium Oxides and Hydroxides in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 160 | 133 | 304 | 267 | 18.6% |
| Turkey | N/A | N/A | N/A | 100 | 0% |
| Kazakhstan | 96.1 | 79.1 | 53.2 | 61.4 | -13.9% |
| Russia | 0.1 | N/A | N/A | 55.5 | 721.8% |
| South Africa | 21.2 | 24.3 | 21.6 | 10.9 | -19.9% |
| Italy | 40.3 | 2.1 | N/A | N/A | -94.8% |
| Others | 2.8 | 14.0 | 38.5 | 40.1 | 142.8% |
| Total | 321 | 253 | 417 | 535 | 18.6% |
Top Suppliers of Chromium Oxides and Hydroxides to Slovakia in 2022:
- Germany (51.5 tons)
- Turkey (34.8 tons)
- Kazakhstan (23.2 tons)
- Russia (10.0 tons)
- South Africa (2.4 tons)
Exports of Chromium Oxides and Hydroxides in Slovakia
After two years of decline, shipments abroad of chromium oxides and hydroxideses increased by 11% to 24 tons in 2022. Over the period under review, exports, however, continue to indicate a deep reduction.
In value terms, chromium oxides and hydroxides exports rose slightly to $89K in 2022. Overall, exports, however, continue to indicate a deep downturn.
| Export of Chromium Oxides and Hydroxides in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 19.3 | 16.7 | 17.7 | 36.1 | 23.2% |
| Austria | 22.3 | 35.1 | 20.2 | 27.6 | 7.4% |
| Czech Republic | 60.9 | 57.8 | 43.7 | 21.9 | -28.9% |
| Hungary | 38.8 | 15.1 | 3.7 | 3.0 | -57.4% |
| Others | 6.2 | 2.1 | N/A | N/A | -66.1% |
| Total | 148 | 127 | 85.2 | 88.6 | -15.7% |
Top Export Markets for Chromium Oxides and Hydroxides from Slovakia in 2022:
- Austria (9.3 tons)
- Romania (9.0 tons)
- Czech Republic (5.4 tons)
- Hungary (0.7 tons)
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