Price for Chromium; Waste and Scrap in the United Arab Emirates - 2021

Contents:

  1. Price for Chromium; Waste and Scrap in the United Arab Emirates (FOB) - 2022
  2. Exports of Chromium; Waste and Scrap in the United Arab Emirates

Price for Chromium; Waste and Scrap in the United Arab Emirates (FOB) - 2022

The average chromium; waste and scrap export price stood at $290 per ton in 2022, waning by -89.1% against the previous year. In general, the export price saw a sharp decrease. The pace of growth was the most pronounced in 2021 an increase of 258% against the previous year. Over the period under review, the average export prices hit record highs at $12,367 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to -29.0% per year.

Exports of Chromium; Waste and Scrap in the United Arab Emirates

In 2022, overseas shipments of chromium; waste and scraps were finally on the rise to reach 53 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a noticeable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, chromium; waste and scrap exports soared to $15K in 2022. In general, exports, however, continue to indicate a abrupt descent.

Export of Chromium; Waste and Scrap in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman1.025.50.915.5149.3%
Netherlands5.9N/AN/AN/A0%
Others16.7N/A4.6N/A-47.5%
Total23.625.55.415.5-13.1%

Top Export Markets for Chromium; Waste and Scrap from the United Arab Emirates in 2022:

  1. Oman (53.2 tons)

Source: IndexBox Market Intelligence Platform

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