Chromium Trioxide Price in Kazakhstan - 2021

Contents:

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

Chromium Trioxide Price in Kazakhstan (FOB) - 2022

The average chromium trioxide export price stood at $2,329 per ton in 2022, jumping by 28% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $2,441 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($2,409 per ton) and Hong Kong SAR ($2,391 per ton), while the average price for exports to Russia ($2,201 per ton) and Australia ($2,207 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.1%), while the prices for the other major destinations experienced a decline.

Chromium Trioxide Price in Kazakhstan (CIF) - 2022

The average chromium trioxide import price stood at $4,771 per ton in 2022, waning by -14.6% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 49% against the previous year. As a result, import price reached the peak level of $10,137 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Russia ($6,619 per ton), while the price for Turkey totaled $2,979 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.1%), while the prices for the other major suppliers experienced a decline.

Chromium Trioxide Exports in Kazakhstan

In 2022, approx. 18K tons of chromium trioxides were exported from Kazakhstan; growing by 12% compared with the previous year's figure. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 68% against the previous year. As a result, the exports attained the peak of 21K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, chromium trioxide exports soared to $43M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.3% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 85%. As a result, the exports reached the peak of $45M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Chromium Trioxide in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom15.628.722.630.625.2%
Russia3.810.34.84.88.1%
Belgium0.10.2N/A2.5192.4%
Germany2.62.60.61.9-9.9%
Australia0.71.41.21.426.0%
Hong Kong SAR1.10.40.11.10.0%
Others0.31.10.30.410.1%
Total24.144.629.742.721.0%

Top Export Markets for Chromium Trioxide from Kazakhstan in 2022:

  1. United Kingdom (13.1K tons)
  2. Russia (2.2K tons)
  3. Belgium (1.0K tons)
  4. Germany (0.8K tons)
  5. Australia (0.6K tons)
  6. Hong Kong SAR (0.4K tons)

Chromium Trioxide Imports in Kazakhstan

In 2022, chromium trioxide imports into Kazakhstan skyrocketed to 15 tons, with an increase of 126% against the previous year. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chromium trioxide imports soared to $73K in 2022. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chromium Trioxide in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia39.330.533.046.45.7%
TurkeyN/AN/A3.023.8693.3%
South Africa3.6N/A1.61.6-23.7%
Others0.90.1N/A1.03.6%
Total43.830.637.672.718.4%

Top Suppliers of Chromium Trioxide to Kazakhstan in 2022:

  1. Turkey (8.0 tons)
  2. Russia (7.0 tons)
  3. South Africa (0.2 tons)

Source: IndexBox Market Intelligence Platform

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