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

Contents:

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

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

In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $6,250 per ton, with a decrease of -36.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 458% against the previous year. As a result, import price reached the peak level of $37,125 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +828.6% per year.

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

In 2022, purchases abroad of chromium and articles thereof; wrought other than waste and scrap decreased by -85.7% to 4 kg, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. As a result, imports reached the peak of 99 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap fell remarkably to $25 in 2022. In general, imports faced a sharp decline. The growth pace was the most rapid in 2020 with an increase of 97% against the previous year. As a result, imports attained the peak of $1.4K. 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 Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India69370.027725.0-67.0%
TurkeyN/A1,297N/AN/A0%
OthersN/AN/AN/AN/A0%
Total6931,36727725.0-67.0%

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

  1. India (4.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Chromium and articles thereof; wrought other than waste and scrap - Sri Lanka