Price for Chromium Oxides and Hydroxides in Belarus - 2022

Contents:

  1. Price for Chromium Oxides and Hydroxides in Belarus (CIF) - 2022
  2. Price for Chromium Oxides and Hydroxides in Belarus (FOB) - 2022
  3. Imports of Chromium Oxides and Hydroxides in Belarus
  4. Exports of Chromium Oxides and Hydroxides in Belarus

Price for Chromium Oxides and Hydroxides in Belarus (CIF) - 2022

The average chromium oxides and hydroxides import price stood at $5,248 per ton in 2022, rising by 58% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $5,252 per ton in 2012; however, from 2013 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 Czech Republic ($10,653 per ton), while the price for Poland ($2,541 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Chromium Oxides and Hydroxides in Belarus (FOB) - 2022

The average chromium oxides and hydroxides export price stood at $2,147 per ton in 2022, waning by -8% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 3.5%. Over the period under review, the average export prices attained the peak figure at $5,523 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($126,000 per ton), while the average price for exports to Egypt amounted to $1,999 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+20.3%).

Imports of Chromium Oxides and Hydroxides in Belarus

In 2022, the amount of chromium oxides and hydroxideses imported into Belarus dropped sharply to 24 tons, shrinking by -73.7% against 2021 figures. In general, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 29%.

In value terms, chromium oxides and hydroxides imports contracted sharply to $124K in 2022. Over the period under review, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

Import of Chromium Oxides and Hydroxides in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan73.065.797.443.2-16.0%
Russia97.613.656.525.0-36.5%
Germany53.145.124.119.7-28.1%
United States16.630.014.78.8-19.1%
China20.913.012.04.9-38.3%
Poland29.938.648.44.6-46.4%
Others35.428.644.717.6-20.8%
Total326235298124-27.5%

Top Suppliers of Chromium Oxides and Hydroxides to Belarus in 2022:

  1. Kazakhstan (11.2 tons)
  2. Russia (4.5 tons)
  3. Germany (3.2 tons)
  4. Poland (1.8 tons)
  5. United States (1.3 tons)
  6. China (1.0 tons)

Exports of Chromium Oxides and Hydroxides in Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of chromium oxides and hydroxideses, when their volume decreased by -16.7% to 1.7 tons. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 787%.

In value terms, chromium oxides and hydroxides exports shrank significantly to $3.6K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 733% against the previous year.

Export of Chromium Oxides and Hydroxides in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt0.32.54.33.3122.4%
OthersN/AN/A0.40.3-25.0%
Total0.32.54.73.6128.9%

Top Export Markets for Chromium Oxides and Hydroxides from Belarus in 2022:

  1. Egypt (1675.0 kg)

Source: IndexBox Market Intelligence Platform

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