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

Contents:

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

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

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $56,682 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price saw a remarkable increase. The pace of growth appeared the most rapid in 2019 an increase of 56% against the previous year. As a result, import price attained the peak level of $58,759 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

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 United States ($481,000 per ton), while the price for China ($24,979 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.3%), 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 Peru

In 2022, approx. 641 kg of chromium and articles thereof; wrought other than waste and scrap were imported into Peru; surging by 6.5% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 7.9% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap reached $36K in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained 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 Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A30.30%
China1.10.80.73.648.5%
United States9.07.21.52.4-35.6%
Italy1.73.43.8N/A49.5%
Turkey16.718.524.7N/A21.6%
Others2.72.63.0N/A5.4%
Total31.332.533.736.35.1%

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

  1. India (492.0 kg)
  2. China (144.0 kg)
  3. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform

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