Chromium Trioxide Price in Spain - 2023
Contents:
- Chromium Trioxide Price in Spain (CIF) - 2023
- Chromium Trioxide Price in Spain (FOB) - 2023
- Chromium Trioxide Imports in Spain
- Chromium Trioxide Exports in Spain
Chromium Trioxide Price in Spain (CIF) - 2023
The average chromium trioxide import price stood at $4,002 per ton in August 2023, increasing by 28% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $4,361 per ton in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was France ($5,417 per ton), while the price for Turkey ($3,728 per ton) was amongst the lowest.
From August 2022 to August 2023, 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 more modest paces of growth.
Chromium Trioxide Price in Spain (FOB) - 2023
The average chromium trioxide export price stood at $5,147 per ton in August 2023, growing by 31% against the previous month. Overall, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in June 2023 an increase of 1,170% month-to-month. Over the period under review, the average export prices hit record highs at $6,369 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Italy ($7,261 per ton), while the average price for exports to Portugal ($4,158 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Chromium Trioxide Imports in Spain
In 2022, overseas purchases of chromium trioxides decreased by -36.3% to 861 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 78% against the previous year. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, chromium trioxide imports declined notably to $3.5M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 95%. As a result, imports reached the peak of $5M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Chromium Trioxide in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 551 | 414 | 590 | 1,016 | 22.6% |
| Turkey | 403 | 441 | 584 | 988 | 34.8% |
| Germany | 1,099 | 3,948 | 3,094 | 827 | -9.0% |
| Italy | 247 | N/A | 46.8 | 272 | 3.3% |
| South Africa | N/A | 53.7 | 54.1 | 119 | 48.9% |
| China | N/A | N/A | N/A | 108 | 0% |
| Kazakhstan | 48.0 | 47.0 | N/A | 68.0 | 12.3% |
| Others | 211 | 94.1 | 56.6 | 132 | -14.5% |
| Total | 2,559 | 4,998 | 4,425 | 3,529 | 11.3% |
Top Suppliers of Chromium Trioxide to Spain in 2022:
- United States (261.0 tons)
- Turkey (234.0 tons)
- Germany (197.2 tons)
- Italy (62.9 tons)
- South Africa (36.0 tons)
- China (23.0 tons)
- Kazakhstan (18.0 tons)
Chromium Trioxide Exports in Spain
Chromium trioxide exports from Spain dropped dramatically to 215 tons in 2022, declining by -52.2% against 2021. In general, exports saw a sharp reduction. The smallest decline of -6.6% was in 2020.
In value terms, chromium trioxide exports reduced dramatically to $832K in 2022. Over the period under review, exports saw a precipitous decrease. The smallest decline of -12.1% was in 2021.
| Export of Chromium Trioxide in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 607 | 543 | 513 | 580 | -1.5% |
| France | 212 | 134 | 150 | 124 | -16.4% |
| Chile | 8.9 | 35.1 | 26.7 | 89.3 | 115.7% |
| Poland | N/A | 1.1 | N/A | 23.5 | 362.2% |
| Germany | 352 | 189 | 204 | 0.3 | -90.5% |
| United States | 247 | 152 | N/A | N/A | -38.5% |
| Greece | 270 | 93.8 | 28.7 | N/A | -67.4% |
| Italy | 535 | 488 | 498 | N/A | -3.5% |
| Turkey | 207 | 251 | 227 | N/A | 4.7% |
| Others | 461 | 490 | 441 | 15.0 | -68.1% |
| Total | 2,899 | 2,377 | 2,089 | 832 | -34.0% |
Top Export Markets for Chromium Trioxide from Spain in 2022:
- Turkey (undefined tons)
- Portugal (127.8 tons)
- France (62.5 tons)
- Chile (18.0 tons)
- Poland (4.5 tons)
- Germany (0.1 tons)
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