Chromium Trioxide Price in Indonesia - 2022
Contents:
Chromium Trioxide Price in Indonesia (CIF) - 2022
The average chromium trioxide import price stood at $3,533 per ton in 2022, surging by 5% against the previous year. Overall, the import price, however, showed a mild slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 12%. The import price peaked at $4,257 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,329 per ton), while the price for Estonia ($2,621 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.
Chromium Trioxide Imports in Indonesia
In 2022, chromium trioxide imports into Indonesia fell to 836 tons, which is down by -3.5% against the previous year. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of 866 tons, and then declined in the following year.
In value terms, chromium trioxide imports reached $3M in 2022. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Chromium Trioxide in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 457 | 327 | 808 | 973 | 28.6% |
| United States | 902 | 680 | 1,009 | 911 | 0.3% |
| Turkey | 365 | 121 | 354 | 320 | -4.3% |
| Estonia | 253 | 143 | 321 | 290 | 4.7% |
| China | 260 | 188 | 140 | 126 | -21.5% |
| Russia | 251 | 37.4 | 52.6 | 116 | -22.7% |
| France | 124 | 87.8 | 63.4 | 57.3 | -22.7% |
| India | 27.1 | 33.8 | 46.9 | 47.4 | 20.5% |
| Others | 141 | 106 | 118 | 111 | -7.7% |
| Total | 2,781 | 1,724 | 2,913 | 2,952 | 2.0% |
Top Suppliers of Chromium Trioxide to Indonesia in 2022:
- South Africa (265.9 tons)
- United States (210.4 tons)
- Turkey (110.6 tons)
- Estonia (110.6 tons)
- Russia (42.5 tons)
- China (34.6 tons)
- France (17.1 tons)
- India (16.3 tons)
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