Chromium Trioxide Price in Italy - 2023
Contents:
Chromium Trioxide Price in Italy (CIF) - 2022
The average chromium trioxide import price stood at $3,397 per ton in 2022, rising by 37% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $3,523 per ton in 2012; however, from 2013 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 the United States ($3,936 per ton), while the price for Germany ($2,594 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Chromium Trioxide Imports in Italy
Chromium trioxide imports into Italy totaled 2.9K tons in 2022, approximately equating the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, chromium trioxide imports skyrocketed to $9.9M in 2022. In general, imports posted a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Chromium Trioxide in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2.1 | 1.8 | 3.3 | 5.4 | 37.0% |
| United States | 1.6 | 1.3 | 1.6 | 2.7 | 19.1% |
| South Africa | 0.5 | 0.4 | 0.5 | 0.8 | 17.0% |
| Germany | 1.0 | 0.4 | 0.5 | 0.5 | -20.6% |
| France | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Spain | 0.4 | 0.4 | 0.6 | N/A | 22.5% |
| Others | 0.2 | 0.2 | 0.5 | 0.1 | -20.6% |
| Total | 6.0 | 4.8 | 7.2 | 9.9 | 18.2% |
Top Suppliers of Chromium Trioxide to Italy in 2022:
- Turkey (1692.6 tons)
- United States (677.3 tons)
- South Africa (234.0 tons)
- Germany (192.7 tons)
- France (108.0 tons)
- Spain (4.5 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 Italy.
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