Price for Chromium; Waste and Scrap in Vietnam - 2022
Contents:
- Price for Chromium; Waste and Scrap in Vietnam (CIF) - 2022
- Imports of Chromium; Waste and Scrap in Vietnam
Price for Chromium; Waste and Scrap in Vietnam (CIF) - 2022
The average chromium; waste and scrap import price stood at $13,350 per ton in 2022, reducing by -12% against the previous year. Overall, the import price, however, recorded notable growth. The most prominent rate of growth was recorded in 2018 an increase of 53% against the previous year. Over the period under review, average import prices hit record highs at $15,169 per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +4.6% per year.
Imports of Chromium; Waste and Scrap in Vietnam
In 2022, the amount of chromium; waste and scraps imported into Vietnam was estimated at 1 tons, leveling off at 2021 figures. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 52%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, chromium; waste and scrap imports declined to $13K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33%.
| Import of Chromium; Waste and Scrap in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.6 | 11.5 | 15.2 | 13.3 | 15.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.6 | 11.5 | 15.2 | 13.3 | 15.6% |
Top Suppliers of Chromium; Waste and Scrap to Vietnam in 2022:
- Japan (1.0 tons)
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