Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Israel - 2022

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Israel (CIF) - 2022
  2. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Israel

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

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $42,308 per ton in 2022, increasing by 84% against the previous year. Over the period under review, the import price enjoyed a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($174,334 per ton), while the price for the UK ($13,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third consecutive year, Israel recorded decline in purchases abroad of chromium and articles thereof; wrought other than waste and scrap, which decreased by -49% to 4.4 tons in 2022. Overall, imports continue to indicate a sharp setback. The smallest decline of -9.6% was in 2020.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap fell to $187K in 2022. In general, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2020 with an increase of 48%. As a result, imports reached the peak of $311K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States84.812582.893.03.1%
Germany70.815178.572.00.6%
Taiwan (Chinese)N/A7.49.67.0-2.7%
United Kingdom8.33.72.65.0-15.5%
China4.24.23.84.0-1.6%
FranceN/AN/AN/A3.00%
Russia11.4N/AN/AN/A0%
South Africa8.09.19.1N/A6.7%
Italy4.44.03.2N/A-14.7%
Netherlands5.66.05.7N/A0.9%
Others12.71.33.63.0-38.2%
Total210311199187-3.8%

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

  1. United States (3070.0 kg)
  2. Germany (413.0 kg)
  3. United Kingdom (372.0 kg)
  4. Taiwan (Chinese) (271.0 kg)
  5. China (155.0 kg)
  6. France (117.0 kg)

Source: IndexBox Market Intelligence Platform

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