Price for Chromium; Waste and Scrap in Libya - 2022
Contents:
- Price for Chromium; Waste and Scrap in Libya (FOB) - 2022
- Exports of Chromium; Waste and Scrap in Libya
Price for Chromium; Waste and Scrap in Libya (FOB) - 2022
The average chromium; waste and scrap export price stood at $2,117 per ton in 2022, jumping by 37% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromium; waste and scrap export price increased by +123.8% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 63% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +7.8% per year.
Exports of Chromium; Waste and Scrap in Libya
Chromium; waste and scrap exports from Libya rose modestly to 117 tons in 2022, picking up by 2.2% against the previous year's figure. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 2.2% against the previous year.
In value terms, chromium; waste and scrap exports surged to $248K in 2022. In general, exports, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year.
Export of Chromium; Waste and Scrap in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 260 | 106 | 177 | 248 | -1.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 260 | 106 | 177 | 248 | -1.6% |
Top Export Markets for Chromium; Waste and Scrap from Libya in 2022:
- Turkey (117.0 tons)
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Global chromium exports totaled $447M in 2018. After bottoming out from 2015-2016, it increased robustly over the last two years.