Chromium Trioxide Price in Sweden - 2023

Contents:

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

Chromium Trioxide Price in Sweden (CIF) - 2022

In 2022, the average chromium trioxide import price amounted to $5,896 per ton, picking up by 73% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromium trioxide import price increased by +83.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($6,207 per ton) and the United States ($5,784 per ton), while the price for the UK ($4,283 per ton) and Poland ($4,675 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Chromium Trioxide Price in Sweden (FOB) - 2022

The average chromium trioxide export price stood at $2,863 per ton in 2022, growing by 6.6% against the previous year. Overall, the export price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 18%. The export price peaked at $7,194 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($11,163 per ton), while the average price for exports to Finland stood at $2,845 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+29.2%), while the prices for the other major destinations experienced mixed trend patterns.

Chromium Trioxide Imports in Sweden

In 2022, supplies from abroad of chromium trioxides was finally on the rise to reach 76 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a noticeable reduction.

In value terms, chromium trioxide imports skyrocketed to $446K in 2022. Over the period under review, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chromium Trioxide in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23618816933712.6%
United KingdomN/AN/A4.736.3672.3%
Poland6.112.215.826.162.3%
United StatesN/AN/A0.126.025900.0%
France18.653.116.19.4-20.3%
Others0.10.23.711.9391.9%
Total26125420944619.6%

Top Suppliers of Chromium Trioxide to Sweden in 2022:

  1. Germany (54.3 tons)
  2. United Kingdom (8.5 tons)
  3. Poland (5.6 tons)
  4. United States (4.5 tons)
  5. France (1.8 tons)

Chromium Trioxide Exports in Sweden

In 2022, approx. 9 tons of chromium trioxides were exported from Sweden; dropping by -11.1% on the year before. In general, exports faced a abrupt decline. The smallest decline of -9.4% was in 2021.

In value terms, chromium trioxide exports declined to $26K in 2022. Over the period under review, exports saw a drastic downturn.

Export of Chromium Trioxide in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland27.224.524.625.7-1.9%
Norway4.71.12.00.2-65.1%
Lithuania6.06.1N/AN/A1.7%
Others1.10.40.7N/A-20.2%
Total38.932.227.325.9-12.7%

Top Export Markets for Chromium Trioxide from Sweden in 2022:

  1. Norway (undefined tons)
  2. Finland (9.0 tons)

Source: IndexBox Market Intelligence Platform

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