Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Argentina - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Argentina (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Argentina
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Argentina (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $6,460 per ton, picking up by 44% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $6,698 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,576 per ton), while the price for Russia ($5,252 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Argentina
In 2022, imports of chromium oxides and hydroxides; excluding chromium trioxides into Argentina declined sharply to 58 tons, shrinking by -53.3% on the previous year. In general, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 207% against the previous year. As a result, imports reached the peak of 123 tons, and then reduced dramatically in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides fell rapidly to $372K in 2022. Overall, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 when imports increased by 259% against the previous year. As a result, imports reached the peak of $551K, and then reduced dramatically in the following year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 144 | 37.0 | 377 | 202 | 11.9% |
| Russia | 31.7 | 79.9 | 129 | 105 | 49.1% |
| Germany | 3.7 | 7.5 | 15.2 | 33.8 | 109.0% |
| Colombia | 2.5 | 2.8 | 2.8 | 7.5 | 44.2% |
| Brazil | 30.7 | 21.6 | 14.1 | N/A | -32.2% |
| Others | 7.7 | 4.5 | 12.5 | 23.5 | 45.1% |
| Total | 221 | 153 | 551 | 372 | 19.0% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Argentina in 2022:
- China (33.0 tons)
- Russia (20.0 tons)
- Germany (3.2 tons)
- Colombia (1.0 tons)
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