Price for Chromium; Waste and Scrap in South Africa - 2022
Contents:
- Price for Chromium; Waste and Scrap in South Africa (FOB) - 2022
- Exports of Chromium; Waste and Scrap in South Africa
Price for Chromium; Waste and Scrap in South Africa (FOB) - 2022
The average chromium; waste and scrap export price stood at $21,720 per ton in 2022, jumping by 167% against the previous year. In general, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($35,960 per ton), while the average price for exports to the Netherlands ($7,238 per ton) was amongst the lowest.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.0%), while the prices for the other major destinations experienced a decline.
Exports of Chromium; Waste and Scrap in South Africa
Chromium; waste and scrap exports from South Africa contracted remarkably to 50 kg in 2022, declining by -81.3% compared with 2021. Overall, exports faced a precipitous slump.
In value terms, chromium; waste and scrap exports plummeted to $1.1K in 2022. In general, exports continue to indicate a dramatic contraction.
Export of Chromium; Waste and Scrap in South Africa (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
United States | N/A | 899 | 0% | ||
Netherlands | 1,786 | 152 | -91.5% | ||
Germany | 251 | 24.0 | -90.4% | ||
United Kingdom | 136 | 11.0 | -91.9% | ||
Others | N/A | N/A | 0% | ||
Total | 2,173 | 1,086 | -50.0% |
Top Export Markets for Chromium; Waste and Scrap from South Africa in 2022:
- United States (25.0 kg)
- Netherlands (21.0 kg)
- Germany (3.0 kg)
- United Kingdom (1.0 kg)
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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.
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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.