Chromium Trioxide Price in Argentina - 2023

Contents:

  1. Chromium Trioxide Price in Argentina (CIF) - 2022
  2. Chromium Trioxide Price in Argentina (FOB) - 2022
  3. Chromium Trioxide Imports in Argentina
  4. Chromium Trioxide Exports in Argentina

Chromium Trioxide Price in Argentina (CIF) - 2022

In 2022, the average chromium trioxide import price amounted to $2,468 per ton, remaining relatively unchanged against the previous year. In general, the import price, however, saw a abrupt decline. The growth pace was the most rapid in 2014 an increase of 44%. As a result, import price attained the peak level of $7,334 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($31,998 per ton), while the price for Turkey ($1,726 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+20.2%), while the prices for the other major suppliers experienced a decline.

Chromium Trioxide Price in Argentina (FOB) - 2022

In 2022, the average chromium trioxide export price amounted to $3,104 per ton, with an increase of 2% against the previous year. In general, the export price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 5.3% against the previous year. Over the period under review, the average export prices hit record highs at $4,770 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($16,519 per ton), while the average price for exports to Brazil ($1,433 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+11.1%), while the prices for the other major destinations experienced a decline.

Chromium Trioxide Imports in Argentina

In 2022, supplies from abroad of chromium trioxides was finally on the rise to reach 440 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a drastic downturn.

In value terms, chromium trioxide imports expanded rapidly to $1.1M in 2022. Over the period under review, imports, however, faced a abrupt setback.

Import of Chromium Trioxide in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,009659442547-18.5%
Estonia2492572773016.5%
United States13811710392.3-12.5%
South Africa68.359.554.455.0-7.0%
China39.134.331.429.0-9.5%
Russia36.341.713.823.9-13.0%
IndiaN/A15.313.812.5-9.6%
Others39.525.127.125.4-13.7%
Total1,5781,2099621,086-11.7%

Top Suppliers of Chromium Trioxide to Argentina in 2022:

  1. Turkey (317.0 tons)
  2. United States (48.7 tons)
  3. South Africa (24.8 tons)
  4. Russia (12.9 tons)
  5. China (12.3 tons)
  6. Estonia (9.4 tons)
  7. India (7.1 tons)

Chromium Trioxide Exports in Argentina

In 2022, shipments abroad of chromium trioxides was finally on the rise to reach 57 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a mild setback.

In value terms, chromium trioxide exports totaled $175K in 2022. Over the period under review, exports, however, continue to indicate a noticeable decrease.

Export of Chromium Trioxide in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela69.471.670.276.23.2%
Brazil71.965.957.555.5-8.3%
Mexico34.634.031.832.9-1.7%
Chile10.23.85.86.1-15.7%
Others5.85.44.84.8-6.1%
Total192181170175-3.0%

Top Export Markets for Chromium Trioxide from Argentina in 2022:

  1. Brazil (38.7 tons)
  2. Venezuela (13.4 tons)
  3. Mexico (2.0 tons)
  4. Chile (1.7 tons)

Source: IndexBox Market Intelligence Platform

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