Price for Chromium Oxides and Hydroxides in Tanzania - 2022
Contents:
- Price for Chromium Oxides and Hydroxides in Tanzania (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Tanzania (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Tanzania
- Exports of Chromium Oxides and Hydroxides in Tanzania
Price for Chromium Oxides and Hydroxides in Tanzania (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $924 per ton in 2022, dropping by -74.5% against the previous year. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 33%. As a result, import price reached the peak level of $4,437 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($3,462 per ton), while the price for Pakistan ($647 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides in Tanzania (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $2,342 per ton in 2022, with an increase of 27% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +8.5% per year.
Imports of Chromium Oxides and Hydroxides in Tanzania
In 2022, purchases abroad of chromium oxides and hydroxideses was finally on the rise to reach 1.9 tons after two years of decline. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chromium oxides and hydroxides imports soared to $1.7K in 2022. In general, imports, however, recorded a perceptible contraction.
| Import of Chromium Oxides and Hydroxides in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 21.0 | 29.0 | 7.0 | 790 | 235.1% |
| Egypt | N/A | N/A | 7.0 | 634 | 8957.1% |
| United Arab Emirates | 15.0 | 72.0 | 44.0 | 322 | 177.9% |
| China | 190 | 11.0 | 63.0 | N/A | -42.4% |
| Malaysia | 665 | 636 | 271 | N/A | -36.2% |
| India | 273 | 26.0 | 101 | N/A | -39.2% |
| Italy | 742 | 736 | 498 | N/A | -18.1% |
| Others | 112 | 113 | 313 | N/A | 67.2% |
| Total | 2,018 | 1,623 | 1,304 | 1,746 | -4.7% |
Top Suppliers of Chromium Oxides and Hydroxides to Tanzania in 2022:
- Pakistan (1221.0 kg)
- Egypt (576.0 kg)
- United Arab Emirates (93.0 kg)
Exports of Chromium Oxides and Hydroxides in Tanzania
In 2022, exports of chromium oxides and hydroxideses from Tanzania shrank sharply to 1.9 tons, reducing by -49.1% compared with the previous year. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 154%. As a result, the exports attained the peak of 3.8 tons, and then shrank rapidly in the following year.
In value terms, chromium oxides and hydroxides exports fell remarkably to $4.5K in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 246%. As a result, the exports reached the peak of $7K, and then contracted rapidly in the following year.
| Export of Chromium Oxides and Hydroxides in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 3.9 | 2.0 | 7.0 | 4.5 | 4.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.9 | 2.0 | 7.0 | 4.5 | 4.9% |
Top Export Markets for Chromium Oxides and Hydroxides from Tanzania in 2022:
- Uganda (1.9 tons)
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