Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium (FOB) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium (CIF) - 2022
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium (FOB) - 2022
In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $19,707 per ton, waning by -2% against the previous year. In general, the export price, however, saw a temperate increase. The growth pace was the most rapid in 2021 when the average export price increased by 77% against the previous year. As a result, the export price reached the peak level of $20,112 per ton, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($30,739 per ton), while the average price for exports to Germany ($5,341 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $6,234 per ton in 2022, which is down by -22.2% against the previous year. In general, the import price showed a deep reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 96% against the previous year. As a result, import price reached the peak level of $42,296 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 the UK ($210,000 per ton), while the price for India ($3,271 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium
In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap exported from Belgium soared to 42 tons, growing by 42% compared with 2021 figures. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 596% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap soared to $834K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,130% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.4 | 6.3 | 545 | 746 | 329.7% |
| Germany | 8.9 | 7.6 | 3.3 | 34.3 | 56.8% |
| United States | 4.8 | 4.8 | 12.4 | 8.5 | 21.0% |
| France | 6.0 | 4.1 | 7.4 | 4.7 | -7.8% |
| Poland | 4.4 | 4.4 | 4.6 | 4.4 | 0.0% |
| Italy | 8.4 | 6.9 | 7.0 | 4.2 | -20.6% |
| Others | 23.1 | 14.8 | 21.8 | 31.5 | 10.9% |
| Total | 65.1 | 48.9 | 601 | 834 | 134.0% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Belgium in 2022:
- Netherlands (32.7 tons)
- Germany (6.4 tons)
- United States (0.8 tons)
- Italy (0.5 tons)
- Poland (0.4 tons)
- France (0.3 tons)
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium
For the fourth year in a row, Belgium recorded growth in purchases abroad of chromium and articles thereof; wrought other than waste and scrap, which increased by 62% to 63 tons in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap surged to $395K in 2022. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 96%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 101 | 104 | 235 | 364 | 53.3% |
| Netherlands | 42.8 | 27.4 | 16.0 | 16.2 | -27.7% |
| India | 1.4 | 2.9 | 3.0 | 3.2 | 31.7% |
| China | 4.6 | 17.4 | 0.1 | 2.9 | -14.3% |
| Others | 11.1 | 7.1 | 57.9 | 8.4 | -8.9% |
| Total | 161 | 159 | 312 | 395 | 34.9% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Belgium in 2022:
- Germany (60.5 tons)
- Netherlands (1.1 tons)
- India (1.0 tons)
- China (0.1 tons)
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