Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Portugal - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Portugal (CIF) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Portugal
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Portugal (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $114,234 per ton in 2022, shrinking by -6.4% against the previous year. Over the period under review, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2013 an increase of 8.6%. As a result, import price attained the peak level of $146,535 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($271,231 per ton), while the price for Spain ($112,872 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Portugal
In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap imported into Portugal surged to 5.9 tons, with an increase of 49% compared with 2021. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2020 indices. 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 surged to $670K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2020 indices. 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 Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 330 | 372 | 370 | 636 | 24.4% |
| Russia | 81.1 | 67.5 | 107 | 26.0 | -31.6% |
| France | 35.4 | N/A | N/A | 0.5 | -75.8% |
| Others | 2.6 | 3.1 | 3.7 | 7.3 | 41.1% |
| Total | 449 | 443 | 481 | 670 | 14.3% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Portugal in 2022:
- Spain (5.6 tons)
- Russia (0.2 tons)
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