Chromium Trioxide Price in Serbia - 2023
Contents:
- Chromium Trioxide Price in Serbia (CIF) - 2022
- Chromium Trioxide Price in Serbia (FOB) - 2022
- Chromium Trioxide Imports in Serbia
- Chromium Trioxide Exports in Serbia
Chromium Trioxide Price in Serbia (CIF) - 2022
In 2022, the average chromium trioxide import price amounted to $3,866 per ton, jumping by 31% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 34%. As a result, import price reached the peak level of $4,327 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($7,300 per ton), while the price for Italy ($2,359 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.5%).
Chromium Trioxide Price in Serbia (FOB) - 2022
In 2022, the average chromium trioxide export price amounted to $3,200 per ton, picking up by 31% against the previous year. Over the period under review, the export price showed a mild expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 66% against the previous year. The export price peaked at $3,360 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($3,450 per ton), while the average price for exports to Bosnia and Herzegovina totaled $2,200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-1.3%).
Chromium Trioxide Imports in Serbia
In 2022, supplies from abroad of chromium trioxides decreased by -45.8% to 17 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 109% against the previous year. As a result, imports attained the peak of 46 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, chromium trioxide imports dropped markedly to $67K in 2022. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 17%. As a result, imports attained the peak of $111K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Chromium Trioxide in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 36.8 | 108 | 86.2 | 52.2 | 12.4% |
| Italy | N/A | N/A | N/A | 11.3 | 0% |
| Turkey | N/A | N/A | 7.5 | 1.5 | -80.0% |
| Germany | 29.3 | 0.1 | N/A | 0.8 | -69.9% |
| Spain | 28.7 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 2.9 | 0.9 | 1.1 | 30.1% |
| Total | 95.3 | 111 | 94.6 | 66.9 | -11.1% |
Top Suppliers of Chromium Trioxide to Serbia in 2022:
- Russia (12.0 tons)
- Italy (4.8 tons)
- Turkey (0.2 tons)
- Germany (0.1 tons)
Chromium Trioxide Exports in Serbia
Chromium trioxide exports from Serbia surged to 25 kg in 2022, growing by 56% compared with the previous year's figure. In general, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 700% against the previous year.
In value terms, chromium trioxide exports surged to $80 in 2022. Over the period under review, exports recorded a perceptible increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,200%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Chromium Trioxide in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 46.0 | N/A | 15.0 | 69.0 | 14.5% |
| Bosnia and Herzegovina | 25.0 | 3.0 | 24.0 | 11.0 | -23.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 71.0 | 3.0 | 39.0 | 80.0 | 4.1% |
Top Export Markets for Chromium Trioxide from Serbia in 2022:
- Montenegro (20.0 kg)
- Bosnia and Herzegovina (5.0 kg)
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