Chromium Trioxide Price in Latvia - 2023
Contents:
Chromium Trioxide Price in Latvia (CIF) - 2022
In 2022, the average chromium trioxide import price amounted to $4,013 per ton, growing by 20% against the previous year. Overall, the import price enjoyed a mild increase. The growth pace was the most rapid in 2016 when the average import price increased by 175%. As a result, import price attained the peak level of $9,668 per ton. From 2017 to 2022, the average import prices remained at a 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 Germany ($10,500 per ton), while the price for Poland amounted to $3,239 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Chromium Trioxide Imports in Latvia
After two years of growth, purchases abroad of chromium trioxides decreased by -93% to 75 kg in 2022. Over the period under review, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. As a result, imports reached the peak of 1.1 tons, and then dropped dramatically in the following year.
In value terms, chromium trioxide imports shrank rapidly to $301 in 2022. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 186% against the previous year. As a result, imports reached the peak of $3.6K, and then dropped dramatically in the following year.
| Import of Chromium Trioxide in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Poland | 1,213 | 561 | 217 | -57.7% | |
| Germany | N/A | 735 | 84.0 | -88.6% | |
| Russia | N/A | 2,308 | N/A | 0% | |
| Others | 49.0 | N/A | N/A | 0% | |
| Total | 1,262 | 3,604 | 301 | -51.2% | |
Top Suppliers of Chromium Trioxide to Latvia in 2022:
- Poland (67.0 kg)
- Germany (8.0 kg)
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