Chromium Trioxide Price in Greece - 2023

Contents:

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

Chromium Trioxide Price in Greece (CIF) - 2022

In 2022, the average chromium trioxide import price amounted to $5,196 per ton, rising by 37% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 63% against the previous year. Over the period under review, average import prices reached the peak figure at $6,481 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,117 per ton), while the price for Turkey ($3,859 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Chromium Trioxide Price in Greece (FOB) - 2022

In 2022, the average chromium trioxide export price amounted to $4,721 per ton, rising by 10% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 21%. Over the period under review, the average export prices hit record highs at $4,750 per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($4,993 per ton), while the average price for exports to Cyprus totaled $3,632 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+0.3%), while the prices for the other major destinations experienced a decline.

Chromium Trioxide Imports in Greece

In 2022, approx. 35 tons of chromium trioxides were imported into Greece; declining by -4.6% on the previous year. Overall, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 9.6% against the previous year.

In value terms, chromium trioxide imports surged to $181K in 2022. Over the period under review, imports faced a dramatic decline.

Import of Chromium Trioxide in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A3.415.495.7430.5%
Germany38.234.148.444.25.0%
Turkey53.126.626.634.7-13.2%
FranceN/A3.232.76.542.5%
Spain30068.913.1N/A-79.1%
Netherlands5.54.52.7N/A-29.9%
Others0.3N/AN/AN/A0%
Total397141139181-23.0%

Top Suppliers of Chromium Trioxide to Greece in 2022:

  1. Italy (15.7 tons)
  2. Turkey (9.0 tons)
  3. Germany (8.7 tons)
  4. France (1.5 tons)

Chromium Trioxide Exports in Greece

In 2022, shipments abroad of chromium trioxides decreased by -68% to 1 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 3.9 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, chromium trioxide exports dropped rapidly to $4.7K in 2022. Over the period under review, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Chromium Trioxide in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania7.87.812.94.0-20.0%
CyprusN/A0.30.40.752.8%
Romania4.65.7N/AN/A23.9%
OthersN/AN/AN/AN/A0%
Total12.413.813.44.7-27.6%

Top Export Markets for Chromium Trioxide from Greece in 2022:

  1. Albania (800.0 kg)
  2. Cyprus (200.0 kg)

Source: IndexBox Market Intelligence Platform

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