Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $129,154 per ton in 2022, with an increase of 31% against the previous year. Overall, the import price posted a significant increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 1,008% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($154,500 per ton), while the price for the Czech Republic amounted to $124,545 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+81.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia (FOB) - 2022
In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $63,833 per ton, approximately reflecting the previous year. Overall, the export price saw a buoyant increase. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9%. The export price peaked at $69,727 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($76,000 per ton), while the average price for exports to the Netherlands amounted to $3,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+17.6%).
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia
In 2022, supplies from abroad of chromium and articles thereof; wrought other than waste and scrap decreased by -23.5% to 13 kg, falling for the second year in a row after two years of growth. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 7,353% against the previous year. As a result, imports attained the peak of 1.4 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap stood at $1.7K in 2022. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 6,212%. As a result, imports attained the peak of $81K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1.3 | 1.5 | 1.3 | 1.4 | 2.5% |
| Germany | N/A | 31.6 | N/A | 0.3 | -90.3% |
| Sweden | N/A | 9.4 | N/A | N/A | 0% |
| Poland | N/A | 21.5 | N/A | N/A | 0% |
| Estonia | N/A | 15.5 | N/A | N/A | 0% |
| Others | N/A | 1.4 | 0.4 | N/A | -71.4% |
| Total | 1.3 | 81.1 | 1.7 | 1.7 | 9.4% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Latvia in 2022:
- Czech Republic (11.0 kg)
- Germany (2.0 kg)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia
Exports of chromium and articles thereof; wrought other than waste and scrap from Latvia was estimated at 6 kg in 2022, leveling off at 2021. In general, exports recorded a sharp reduction. The smallest decline of 99.9% was in 2021.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap amounted to $383 in 2022. Over the period under review, exports recorded a dramatic decline. The smallest decline of 99.9% was in 2021.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Lithuania | 756 | N/A | 380 | -29.1% | |
| Netherlands | 11.0 | N/A | 3.0 | -47.8% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 767 | N/A | 383 | -29.3% | |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Latvia in 2022:
- Lithuania (5.0 kg)
- Netherlands (1.0 kg)
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