Price for Chromium; Waste and Scrap in Brazil - 2022

Contents:

1. Price for Chromium; Waste and Scrap in Brazil (FOB) - 2021
2. Exports of Chromium; Waste and Scrap in Brazil

Price for Chromium; Waste and Scrap in Brazil (FOB) - 2021

In November 2021, the average chromium; waste and scrap export price amounted to $5,700 per ton, rising by 1.8% against the previous month. In general, the export price showed measured growth. The pace of growth appeared the most rapid in June 2021 when the average export price increased by 24% m-o-m. As a result, the export price reached the peak level of $5,908 per ton. From July 2021 to November 2021, the the average export prices remained at a lower figure.

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

From February 2021 to November 2021, the rate of growth in terms of prices for China amounted to +2.9% per month.

Exports of Chromium; Waste and Scrap in Brazil

In 2022, overseas shipments of chromium; waste and scraps decreased by -34.4% to 314 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 220% against the previous year. As a result, the exports attained the peak of 479 tons, and then reduced sharply in the following year.

In value terms, chromium; waste and scrap exports contracted remarkably to $1.5M in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 400% against the previous year. As a result, the exports attained the peak of $2.5M, and then plummeted in the following year.

Top Export Markets for Chromium; Waste and Scrap from Brazil in 2022:

1. United States (314.5 tons)

Source: IndexBox Market Intelligence Platform