Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Turkey - 2024
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Turkey (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Turkey (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Turkey
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Turkey
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Turkey (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $85,129 per ton in 2022, surging by 23% against the previous year. In general, the import price showed pronounced growth. The most prominent rate of growth was recorded in 2019 an increase of 75% against the previous year. The import price peaked at $89,339 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($154,685 per ton), while the price for the Netherlands ($12,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+32.9%), 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 Turkey (FOB) - 2022
The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $11,957 per ton in 2022, rising by 33% against the previous year. Over the period under review, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 42%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16,415 per ton), while the average price for exports to Romania ($3,404 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 Hungary (+42.4%), 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 Turkey
Imports of chromium and articles thereof; wrought other than waste and scrap into Turkey expanded notably to 6.8 tons in 2022, surging by 12% on 2021 figures. In general, imports, however, faced a deep downturn.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap soared to $581K in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained 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 Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 102 | 56.4 | 124 | 244 | 33.7% |
Germany | 354 | 210 | 226 | 195 | -18.0% |
France | N/A | N/A | N/A | 52.4 | 0% |
Russia | N/A | 19.2 | 21.1 | 40.2 | 44.7% |
United States | 15.2 | 2.3 | 12.7 | 19.6 | 8.8% |
United Kingdom | 23.6 | 24.6 | 17.0 | 10.0 | -24.9% |
Italy | 86.1 | 0.1 | 5.7 | 5.0 | -61.3% |
Others | 0.2 | 0.6 | 14.8 | 15.0 | 321.7% |
Total | 581 | 313 | 421 | 581 | 0.0% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Turkey in 2022:
- China (2368.0 kg)
- Germany (1406.0 kg)
- France (1290.0 kg)
- Russia (1250.0 kg)
- United Kingdom (255.0 kg)
- United States (127.0 kg)
- Italy (111.0 kg)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Turkey
Exports of chromium and articles thereof; wrought other than waste and scrap from Turkey declined notably to 39 tons in 2022, shrinking by -24.6% compared with the previous year's figure. Over the period under review, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap fell modestly to $469K in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year.
Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 528 | 227 | 346 | 313 | -16.0% |
Cyprus | 5.8 | 6.3 | 28.9 | 50.9 | 106.3% |
France | N/A | N/A | 2.6 | 24.4 | 838.5% |
Norway | N/A | N/A | 0.3 | 12.6 | 4100.0% |
Hungary | 0.1 | N/A | N/A | 11.0 | 379.1% |
Romania | 64.6 | 8.8 | 36.9 | 6.9 | -52.6% |
United Kingdom | N/A | N/A | 1.1 | 5.9 | 436.4% |
Iraq | 78.0 | 3.7 | 2.6 | 1.4 | -73.8% |
Others | 90.1 | 66.1 | 51.6 | 43.5 | -21.6% |
Total | 767 | 312 | 470 | 469 | -15.1% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Turkey in 2022:
- Germany (19.0 tons)
- Cyprus (6.8 tons)
- Norway (3.7 tons)
- France (2.3 tons)
- Romania (2.0 tons)
- Hungary (1.0 tons)
- United Kingdom (0.7 tons)
- Iraq (0.3 tons)
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Global chromium exports totaled $447M in 2018. After bottoming out from 2015-2016, it increased robustly over the last two years.