Thailand - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chromium Ore and Concentrate in Thailand - 2023
Contents:
- Price for Chromium Ore and Concentrate in Thailand (CIF) - 2022
- Price for Chromium Ore and Concentrate in Thailand (FOB) - 2022
- Imports of Chromium Ore and Concentrate in Thailand
- Exports of Chromium Ore and Concentrate in Thailand
Price for Chromium Ore and Concentrate in Thailand (CIF) - 2022
The average chromium ore and concentrate import price stood at $455 per ton in 2022, surging by 34% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The import price peaked at $633 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 China ($1,263 per ton), while the price for South Africa stood at $402 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+40.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chromium Ore and Concentrate in Thailand (FOB) - 2022
The average chromium ore and concentrate export price stood at $527 per ton in 2021, rising by 15% against the previous year. In general, the export price recorded a notable expansion. The growth pace was the most rapid in 2013 when the average export price increased by 195% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,688 per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,269 per ton), while the average price for exports to Hong Kong SAR amounted to $428 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-11.5%).
Imports of Chromium Ore and Concentrate in Thailand
Chromium ore and concentrate imports into Thailand surged to 1.8K tons in 2022, rising by 25% on 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +53.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, chromium ore and concentrate imports skyrocketed to $823K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Chromium Ore and Concentrate in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 515 | 486 | 462 | 688 | 10.1% |
China | 10.5 | 21.1 | 14.5 | 117 | 123.4% |
Others | 48.5 | 13.7 | 16.3 | 16.9 | -29.6% |
Total | 574 | 521 | 493 | 823 | 12.8% |
Top Suppliers of Chromium Ore and Concentrate to Thailand in 2022:
- South Africa (1710.3 tons)
- China (93.0 tons)
Exports of Chromium Ore and Concentrate in Thailand
For the third year in a row, Thailand recorded growth in overseas shipments of chromium ores and concentrates, which increased by 98% to 4.8 tons in 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 16,207% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.
In value terms, chromium ore and concentrate exports soared to $2.5K in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 18,617%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.
Export of Chromium Ore and Concentrate in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Hong Kong SAR | N/A | N/A | 1.8 | 0% | |
Singapore | N/A | N/A | 0.7 | 0% | |
Germany | N/A | 1.1 | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | N/A | 1.1 | 2.5 | 127.3% |
Top Export Markets for Chromium Ore and Concentrate from Thailand in 2022:
- Hong Kong SAR (4.3 tons)
- Singapore (0.6 tons)
This report provides an in-depth analysis of the market for chromium ore and concentrate in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2022, chromium prices are forecast to surge onrising energy costs, while global metal production has not fully recovered from the Covid-crisis.
In 2020, global exports of chromium ores and concentrates reduced sharply by -10.2% y-o-y to 16M tons. China, the major importer of chromium ores and concentrates, comprises over 70% of the total global imports. In Q1 2021, shipments to the country stood at a level slightly lower than in the same period of 2020. South Africa remains the largest exporter worldwide, accounting for 79% of the total global exports.
In value terms, chromium oxides and hydroxides imports totaled $X in 2016. Overall, chromium oxides and hydroxides imports continue to indicate a relatively flat trend pattern. Global chromium oxid...
In value terms, beryllium, chromium, germanium, vanadium exports stood at $X in 2016. In general, beryllium, chromium, germanium, vanadium exports continue to indicate a perceptible deduction. Over...
In value terms, chromium oxides and hydroxides exports stood at $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total exports value decreased at an average annual rate of ...
In 2016, the amount of chrome ore imported worldwide amounted to X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
In 2016, the amount of chrome ore imported worldwide amounted to X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
The global trade in chromium amounted to X million USD in 2015, fluctuating strongly over the period under review. After a X% drop in 2009, exports more than doubled in 2010. The growth trend reversed in 2012, and after a small increase in 2014, exp
Despite a X% drop in exports in 2014 compared to the previous year, South Africa continued its dominance in the global chromium ores and concentrates trade. In 2014, South Africa exported X million tons of chromium ores and concentrates totaling X
In 2016, approx. X tons of office supply were imported worldwide- picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 ...