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EU - Chromium - Market Analysis, Forecast, Size, Trends and Insights
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Chromium Market Size in the EU
The EU chromium market dropped slightly to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption showed a notable increase. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.
Chromium Production in the EU
In value terms, chromium production fell to $X in 2020 estimated in export prices. Overall, production saw a slight increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.
Production By Country in the EU
The country with the largest volume of chromium production was Finland (X tons), accounting for X% of total volume.
From 2007 to 2020, the average annual growth rate of volume in Finland stood at +X%.
Chromium Exports
Exports in the EU
In 2020, approx. X tons of chromium were exported in the European Union; shrinking by -X% compared with the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2019, and then declined in the following year.
In value terms, chromium exports reduced rapidly to $X in 2020. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.
Exports by Country
France was the key exporting country with an export of around X tons, which finished at X% of total exports. The Netherlands (X tons) occupied the second position in the ranking, distantly followed by Germany (X tons) and Spain (X tons). All these countries together took near X% share of total exports. Belgium (X tons) took a relatively small share of total exports.
From 2007 to 2020, the biggest increases were in Spain, while shipments for the other leaders experienced more modest paces of growth.
In value terms, France ($X) remains the largest chromium supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.
In France, chromium exports remained relatively stable over the period from 2007-2020. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Germany (-X% per year).
Export Prices by Country
In 2020, the chromium export price in the European Union amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, export prices reached the maximum at $X per ton in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced mixed trends in the export price figures.
Chromium Imports
Imports in the EU
In 2020, purchases abroad of chromium decreased by -X% to X tons, falling for the third year in a row after two years of growth. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The volume of import peaked at X tons in 2011; however, from 2012 to 2020, imports failed to regain the momentum.
In value terms, chromium imports fell dramatically to $X in 2020. In general, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.
Imports by Country
In 2020, Germany (X tons) was the major importer of chromium, constituting X% of total imports. It was distantly followed by Italy (X tons), Spain (X tons), Belgium (X tons), the Netherlands (X tons), Austria (X tons) and Sweden (X tons), together constituting a X% share of total imports.
From 2007 to 2020, average annual rates of growth with regard to chromium imports into Germany stood at -X%. At the same time, Spain (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2007-2020. Sweden and Belgium experienced a relatively flat trend pattern. By contrast, Austria (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. Germany (+X p.p.), Spain (+X p.p.), Italy (+X p.p.) and Belgium (+X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($X) constitutes the largest market for imported chromium in the European Union, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.
In Germany, chromium imports decreased by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Italy (-X% per year) and the Netherlands (-X% per year).
Import Prices by Country
In 2020, the chromium import price in the European Union amounted to $X per ton, dropping by -X% against the previous year. Overall, the import price recorded a mild curtailment. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.
Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Germany ($X per ton) and Austria ($X per ton), while Spain ($X per ton) and Belgium ($X per ton) were amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the chromium market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
Country coverage:
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the EU, split by region and country
- Trade (exports and imports) in the EU
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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