Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada - 2024
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $10,204 per ton in 2022, picking up by 43% against the previous year. In general, the import price, however, saw a slight setback. The import price peaked at $11,661 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 United States ($16,795 per ton), while the price for China ($8,957 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada (FOB) - 2022
In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $8,441 per ton, with a decrease of -42.3% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2014 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices attained the peak figure at $69,495 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($11,500 per ton), while the average price for exports to the United States ($8,313 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 Germany (+8.8%), while the prices for the other major destinations experienced a decline.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada
In 2022, approx. 198 tons of chromium and articles thereof; wrought other than waste and scrap were imported into Canada; reducing by -47.1% against the year before. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 261%. As a result, imports reached the peak of 375 tons, and then declined sharply in the following year.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap contracted significantly to $2M in 2022. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 134%.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,002 | 641 | 493 | 1,154 | -16.8% |
| Germany | 199 | 379 | 1,793 | 724 | 53.8% |
| United States | 103 | 60.8 | 113 | 105 | 0.6% |
| Russia | 947 | 12.7 | 241 | 5.1 | -82.5% |
| Others | 4.5 | 48.6 | 30.5 | 36.1 | 100.2% |
| Total | 3,254 | 1,143 | 2,670 | 2,025 | -14.6% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Canada in 2022:
- China (128.9 tons)
- Germany (60.5 tons)
- United States (6.2 tons)
- Russia (0.5 tons)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada
In 2022, overseas shipments of chromium and articles thereof; wrought other than waste and scrap decreased by -55.8% to 1.8 tons, falling for the second year in a row after two years of growth. In general, exports saw a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 797% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap contracted markedly to $15K in 2022. Overall, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 564%. As a result, the exports reached the peak of $200K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.6 | 198 | 7.3 | 13.6 | -15.6% |
| Germany | 0.4 | N/A | 0.6 | 0.6 | 14.5% |
| China | N/A | N/A | 0.5 | 0.4 | -20.0% |
| Others | 7.1 | 2.2 | 51.3 | 0.7 | -53.8% |
| Total | 30.1 | 200 | 59.8 | 15.3 | -20.2% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Canada in 2022:
- United States (1631.0 kg)
- Germany (52.0 kg)
- China (40.0 kg)
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