Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Czech Republic - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Czech Republic (CIF) - 2023
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Czech Republic (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Czech Republic
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Czech Republic
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Czech Republic (CIF) - 2023
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $88,104 per ton in November 2023, jumping by 23% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 523% month-to-month. The import price peaked at $101K per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($124K per ton), while the price for the Netherlands ($10,282 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.0%), 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 the Czech Republic (FOB) - 2022
The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $45,187 per ton in 2022, with an increase of 25% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 26%. The export price peaked at $83,891 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($163,489 per ton), while the average price for exports to Slovenia ($11,889 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 Italy (+14.9%), 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 the Czech Republic
In 2022, supplies from abroad of chromium and articles thereof; wrought other than waste and scrap increased by 168% to 39 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp slump.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap soared to $1.4M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +64.3% 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 the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 572 | 628 | 749 | 718 | 7.9% |
| Spain | 0.2 | N/A | N/A | 257 | 987.2% |
| China | 138 | 118 | 131 | 188 | 10.9% |
| Poland | 118 | 16.9 | 17.3 | 110 | -2.3% |
| Slovakia | N/A | 0.1 | 0.8 | 26.7 | 1534.0% |
| United Kingdom | 20.5 | 6.3 | 21.5 | 7.2 | -29.4% |
| Netherlands | 16.3 | 3.3 | 7.7 | 4.2 | -36.4% |
| Bulgaria | 17.7 | N/A | N/A | N/A | 0% |
| Austria | 11.2 | 2.7 | N/A | N/A | -75.9% |
| Others | 64.9 | 59.3 | 55.6 | 60.4 | -2.4% |
| Total | 958 | 835 | 982 | 1,372 | 12.7% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to the Czech Republic in 2022:
- Spain (20.0 tons)
- Germany (8.0 tons)
- Poland (4.7 tons)
- China (2.4 tons)
- Slovakia (2.3 tons)
- Netherlands (0.5 tons)
- United Kingdom (0.3 tons)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Czech Republic
In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap exported from the Czech Republic surged to 7.9 tons, with an increase of 18% compared with the year before. Over the period under review, exports posted buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 97% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap soared to $355K in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 108% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 25.0 | 39.0 | 79.2 | 122 | 69.6% |
| Germany | 49.2 | 16.1 | 24.3 | 50.4 | 0.8% |
| Italy | N/A | 8.8 | 22.8 | 36.5 | 103.7% |
| France | N/A | 0.1 | 0.1 | 21.8 | 1376.5% |
| Poland | 12.0 | 12.9 | 10.0 | 19.6 | 17.8% |
| Hungary | 6.1 | 5.8 | 23.7 | 14.9 | 34.7% |
| Croatia | 14.0 | N/A | 0.1 | N/A | -91.5% |
| Others | 41.9 | 33.0 | 80.7 | 90.3 | 29.2% |
| Total | 148 | 116 | 241 | 355 | 33.9% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from the Czech Republic in 2022:
- Slovakia (3200.0 kg)
- Poland (1472.0 kg)
- Germany (1300.0 kg)
- Hungary (1139.0 kg)
- Italy (223.0 kg)
- France (195.0 kg)
- Croatia (1.0 kg)
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