Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Switzerland - 2024

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Switzerland (CIF) - 2022
  2. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Switzerland (FOB) - 2022
  3. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Switzerland
  4. Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Switzerland

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

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $89,266 per ton in 2022, increasing by 27% against the previous year. Over the period under review, the import price, however, saw a pronounced descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the peak figure at $113,092 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($179,316 per ton), while the price for the Netherlands ($7,579 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $122,238 per ton, reducing by -1.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 72% against the previous year. As a result, the export price reached the peak level of $239,807 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,009,737 per ton), while the average price for exports to Germany ($68,403 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 Germany (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of chromium and articles thereof; wrought other than waste and scrap into Switzerland dropped notably to 7 tons, reducing by -39.4% against 2021. In general, imports continue to indicate a precipitous decrease. The smallest decline of -13.5% was in 2021.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap declined significantly to $621K in 2022. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany559304309265-22.0%
China17666.22111973.8%
United Kingdom12.315.330.033.539.7%
Austria8.619.725.527.447.1%
Russia76.283.292.118.6-37.5%
Netherlands49.954.322.22.1-65.2%
Spain62.0N/AN/AN/A0%
Others76.010711778.31.0%
Total1,019650806621-15.2%

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

  1. Germany (4191.0 kg)
  2. China (1560.0 kg)
  3. Netherlands (273.0 kg)
  4. Austria (244.0 kg)
  5. United Kingdom (187.0 kg)
  6. Russia (142.0 kg)

Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Switzerland

After three years of growth, overseas shipments of chromium and articles thereof; wrought other than waste and scrap decreased by -34.4% to 5 tons in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 121%. As a result, the exports attained the peak of 7.7 tons, and then declined dramatically in the following year.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap dropped significantly to $617K in 2022. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, the exports reached the peak of $956K, and then declined dramatically in the following year.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13916635326123.4%
Singapore56.613333695.919.2%
United States66.331.985.686.39.2%
Italy69.531.840.138.2-18.1%
Malaysia34.220.521.217.3-20.3%
Others84.112812011812.0%
Total45051295661711.1%

Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Switzerland in 2022:

  1. Germany (3818.0 kg)
  2. United States (668.0 kg)
  3. Italy (117.0 kg)
  4. Singapore (95.0 kg)
  5. Malaysia (28.0 kg)

Source: IndexBox Market Intelligence Platform

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