Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Dominican Republic - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Dominican Republic (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Dominican Republic
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Dominican Republic (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $8,499 per ton in 2022, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 50%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,636 per ton), while the price for Colombia stood at $8,409 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Dominican Republic
Imports of chromium oxides and hydroxides; excluding chromium trioxides into the Dominican Republic soared to 7.7 tons in 2022, increasing by 206% against the previous year. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides skyrocketed to $65K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 12.5 | 3.8 | 8.6 | 42.0 | 49.8% |
| Germany | 9.1 | 3.8 | 3.8 | 22.9 | 36.0% |
| Guatemala | 0.8 | 0.7 | 1.6 | N/A | 41.4% |
| Panama | N/A | 2.5 | N/A | N/A | 0% |
| Brazil | 5.3 | 2.9 | 4.5 | N/A | -7.9% |
| Others | 0.3 | 0.2 | 0.4 | 0.1 | -30.7% |
| Total | 28.0 | 13.9 | 18.8 | 65.1 | 32.5% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to the Dominican Republic in 2022:
- Colombia (5.0 tons)
- Germany (2.6 tons)
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in the Dominican Republic.
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