Chromium Trioxide Price in Israel - 2023

Chromium Trioxide Price in Israel (CIF) - 2022

In 2022, the average chromium trioxide import price amounted to $3,554 per ton, picking up by 23% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $4,238 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,554 per ton), while the price for Germany ($3,554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+9.4%), while the prices for the other major suppliers experienced a decline.

Chromium Trioxide Price in Israel (FOB) - 2022

In 2022, the average chromium trioxide export price amounted to $508 per ton, picking up by 13% against the previous year. In general, the export price, however, faced a abrupt downturn. Over the period under review, the average export prices attained the peak figure at $3,836 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($3,280 per ton), while the average price for exports to Denmark amounted to $277 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-16.7%).

Chromium Trioxide Imports in Israel

In 2022, supplies from abroad of chromium trioxides decreased by -2.5% to 57 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a noticeable contraction. The growth pace was the most rapid in 2020 when imports increased by 5.5% against the previous year. As a result, imports reached the peak of 65 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chromium trioxide imports surged to $201K in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chromium Trioxide in Israel (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	35.1	62.1	38.9	126	53.1%
United States	17.3	22.9	51.5	65.0	55.5%
Turkey	6.8	7.7	5.9	8.0	5.6%
Spain	32.8	20.9	13.5	N/A	-35.8%
Kazakhstan	31.5	N/A	N/A	N/A	0%
China	26.3	40.5	42.6	N/A	27.3%
France	10.0	11.3	8.7	N/A	-6.7%
South Africa	4.2	1.0	1.1	N/A	-48.8%
Others	8.0	11.7	5.7	2.0	-37.0%
Total	172	178	168	201	5.3%

Top Suppliers of Chromium Trioxide to Israel in 2022:

Germany (35.5 tons)
United States (18.3 tons)
Turkey (2.3 tons)

Chromium Trioxide Exports in Israel

In 2022, shipments abroad of chromium trioxides decreased by -3.1% to 21 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 6.6% against the previous year.

In value terms, chromium trioxide exports expanded sharply to $11K in 2022. Over the period under review, exports continue to indicate a deep contraction.