Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia - 2024

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia (CIF) - 2022
  2. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia (FOB) - 2022
  3. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia
  4. Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia (CIF) - 2022

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $14,421 per ton in 2022, with an increase of 31% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The import price peaked at $18,126 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($17,530 per ton), while the price for Germany ($5,285 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia (FOB) - 2022

In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $26,886 per ton, approximately mirroring the previous year. Over the period under review, the export price, however, posted significant growth. The growth pace was the most rapid in 2013 when the average export price increased by 1,550%. Over the period under review, the average export prices reached the peak figure at $27,151 per ton in 2021, and then reduced slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +762.1% per year.

Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia

After two years of decline, supplies from abroad of chromium and articles thereof; wrought other than waste and scrap increased by 171% to 424 tons in 2022. Over the period under review, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap skyrocketed to $6.1M in 2022. In general, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom11.26.92384,953661.9%
China63575.7121392-14.9%
Malta79.269.915028853.8%
France1,5271,028421223-47.3%
Germany70.921861.521143.8%
Spain114129142N/A11.6%
Russia34.628.7103N/A72.5%
Belgium1,147122221N/A-56.1%
Brazil45.721.9212N/A115.4%
Others63.711259.649.9-7.8%
Total3,7291,8121,7296,11717.9%

Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Australia in 2022:

  1. United Kingdom (282.5 tons)
  2. China (41.3 tons)
  3. Malta (40.0 tons)
  4. Germany (40.0 tons)
  5. France (20.0 tons)

Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia

In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap exported from Australia soared to 6.2 tons, rising by 3,769% compared with the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap soared to $165K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A1.80.6165857.4%
Papua New GuineaN/A5.9N/AN/A0%
Indonesia1.525.13.5N/A52.8%
Others0.22.70.3N/A22.5%
Total1.835.44.3165350.9%

Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Australia in 2022:

  1. Netherlands (6.2 tons)

Source: IndexBox Market Intelligence Platform

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