Price for Chromium Oxides and Hydroxides in Spain - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Spain (CIF) - 2023
- Price for Chromium Oxides and Hydroxides in Spain (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Spain
- Exports of Chromium Oxides and Hydroxides in Spain
Price for Chromium Oxides and Hydroxides in Spain (CIF) - 2023
In August 2023, the average chromium oxides and hydroxides import price amounted to $4,143 per ton, surging by 3.2% against the previous month. Overall, the import price, however, saw a mild decrease. The pace of growth was the most pronounced in April 2023 an increase of 12% month-to-month. The import price peaked at $4,762 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Germany ($5,415 per ton) and India ($5,212 per ton), while the price for China ($3,630 per ton) and Turkey ($3,728 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Chromium Oxides and Hydroxides in Spain (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $5,236 per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,014 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Belgium ($7,468 per ton), while the average price for exports to Brazil ($3,834 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 Belgium (+0.6%), while the prices for the other major destinations experienced a decline.
Imports of Chromium Oxides and Hydroxides in Spain
In 2022, approx. 11K tons of chromium oxides and hydroxideses were imported into Spain; dropping by -19.9% on the previous year's figure. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of 14K tons, and then dropped significantly in the following year.
In value terms, chromium oxides and hydroxides imports expanded sharply to $48M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Chromium Oxides and Hydroxides in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 11.3 | 6.0 | 16.5 | 16.4 | 13.2% |
| Germany | 7.9 | 8.6 | 6.1 | 7.2 | -3.0% |
| China | 0.6 | 0.7 | 1.7 | 6.9 | 125.7% |
| Slovakia | 4.3 | 1.4 | 3.5 | 6.3 | 13.6% |
| Russia | 5.5 | 5.9 | 8.6 | 5.9 | 2.4% |
| United States | 2.0 | 3.5 | 5.7 | 2.3 | 4.8% |
| India | 1.7 | 3.5 | 1.0 | 1.5 | -4.1% |
| Others | 0.9 | 1.2 | 1.0 | 1.5 | 18.6% |
| Total | 34.1 | 30.8 | 43.9 | 47.9 | 12.0% |
Top Suppliers of Chromium Oxides and Hydroxides to Spain in 2022:
- Kazakhstan (3.9K tons)
- Slovakia (1.5K tons)
- China (1.4K tons)
- Germany (1.4K tons)
- Russia (1.4K tons)
- United States (0.6K tons)
- India (0.3K tons)
Exports of Chromium Oxides and Hydroxides in Spain
Chromium oxides and hydroxides exports from Spain shrank to 1.7K tons in 2022, with a decrease of -14.4% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, the exports reached the peak of 2K tons, and then shrank in the following year.
In value terms, chromium oxides and hydroxides exports reduced to $8.9M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. As a result, the exports attained the peak of $9.2M, and then declined slightly in the following year.
| Export of Chromium Oxides and Hydroxides in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,602 | 1,649 | 3,983 | 3,317 | 27.5% |
| France | 1,359 | 792 | 807 | 1,671 | 7.1% |
| Germany | 1,081 | 656 | 837 | 802 | -9.5% |
| Portugal | 710 | 602 | 699 | 664 | -2.2% |
| Turkey | 285 | 734 | 721 | 483 | 19.2% |
| Austria | 282 | 473 | 77.0 | 393 | 11.7% |
| Brazil | N/A | N/A | N/A | 230 | 0% |
| Belgium | 330 | 286 | 455 | 173 | -19.4% |
| Others | 1,480 | 1,205 | 1,632 | 1,197 | -6.8% |
| Total | 7,130 | 6,397 | 9,210 | 8,931 | 7.8% |
Top Export Markets for Chromium Oxides and Hydroxides from Spain in 2022:
- Italy (677.9 tons)
- France (330.3 tons)
- Germany (164.4 tons)
- Portugal (143.9 tons)
- Turkey (76.8 tons)
- Austria (70.1 tons)
- Brazil (60.0 tons)
- Belgium (23.2 tons)
437
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Spain.
692
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
437
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Spain.
692
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
168
Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides reached a peak and are expected to continue growing in the short term. In terms of value, these imports dropped rapidly to $50M in 2023.
861
In value terms, manganese oxides imports stood at $X in 2016. Overall, manganese oxides imports continue to indicate a relatively flat trend pattern. Over the period under review, global manganese ...
1396
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...
168
Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides reached a peak and are expected to continue growing in the short term. In terms of value, these imports dropped rapidly to $50M in 2023.
861
In value terms, manganese oxides imports stood at $X in 2016. Overall, manganese oxides imports continue to indicate a relatively flat trend pattern. Over the period under review, global manganese ...
1396
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...
