Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia - 2022
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia (FOB) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia (CIF) - 2022
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia (FOB) - 2022
In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $9,395 per ton, remaining constant against the previous year. Overall, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the maximum at $12,938 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($60,809 per ton), while the average price for exports to the United States ($6,424 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 South Korea (-3.9%), while the prices for the other major destinations experienced a decline.
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $28,005 per ton in 2022, picking up by 44% against the previous year. In general, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 247%. The import price peaked at $176,598 per ton in 2016; however, from 2017 to 2022, 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 Germany ($30,601 per ton), while the price for Turkey ($13,951 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+80.6%), 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 Russia
Exports of chromium and articles thereof; wrought other than waste and scrap from Russia shrank to 1.7K tons in 2022, reducing by -9.4% on the previous year's figure. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 17%.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap fell to $16M in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.3 | 7.3 | 9.8 | 9.2 | -15.6% |
| Japan | 1.2 | 2.0 | 2.2 | 2.1 | 20.5% |
| Taiwan (Chinese) | 1.5 | 0.8 | 0.8 | 1.7 | 4.3% |
| United Kingdom | N/A | N/A | 1.4 | 1.4 | 0.0% |
| South Korea | 0.9 | 0.5 | 0.5 | 0.7 | -8.0% |
| United Arab Emirates | 0.5 | 0.6 | 0.6 | 0.4 | -7.2% |
| Canada | 0.9 | N/A | 0.2 | N/A | -52.9% |
| Others | 1.9 | 1.7 | 2.2 | 0.7 | -28.3% |
| Total | 22.2 | 12.9 | 17.8 | 16.2 | -10.0% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Russia in 2022:
- United States (1434.4 tons)
- South Korea (78.8 tons)
- Japan (75.3 tons)
- United Arab Emirates (58.6 tons)
- United Kingdom (30.4 tons)
- Taiwan (Chinese) (28.2 tons)
- Canada (0.9 tons)
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia
In 2022, after three years of growth, there was significant decline in overseas purchases of chromium and articles thereof; wrought other than waste and scrap, when their volume decreased by -20% to 19 tons. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 344% against the previous year. As a result, imports reached the peak of 24 tons, and then contracted notably in the following year.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap surged to $530K in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 16%. As a result, imports reached the peak of $601K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.3 | 14.0 | 20.8 | 268 | 165.6% |
| China | N/A | N/A | 345 | 230 | -33.3% |
| Turkey | N/A | N/A | N/A | 21.0 | 0% |
| Belarus | 374 | 516 | N/A | N/A | 38.0% |
| Others | 130 | 71.5 | 92.8 | 11.1 | -56.0% |
| Total | 518 | 601 | 459 | 530 | 0.8% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Russia in 2022:
- Germany (8.8 tons)
- China (8.4 tons)
- Turkey (1.5 tons)
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