Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria - 2023

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria (CIF) - 2023
  2. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria (FOB) - 2022
  3. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria
  4. Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria (CIF) - 2023

In September 2023, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $7,387 per ton, rising by 24% against the previous month. Overall, the import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in April 2023 an increase of 28% month-to-month. Over the period under review, average import prices attained the peak figure at $8,866 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($30,645 per ton), while the price for India ($5,100 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria (FOB) - 2022

In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $4,589 per ton, growing by 20% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 an increase of 66%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($9,004 per ton), while the average price for exports to Croatia ($166 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 (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria

In 2022, purchases abroad of chromium oxides and hydroxides; excluding chromium trioxides decreased by -52.1% to 631 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. As a result, imports reached the peak of 1.3K tons, and then declined sharply in the following year.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides fell rapidly to $4.2M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. As a result, imports attained the peak of $6.2M, and then dropped remarkably in the following year.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,5882,0682,7471,986-8.4%
India4062739261,40551.3%
France370222343339-2.9%
Japan240151352188-7.8%
Spain392669246154-26.8%
RussiaN/AN/A864101-88.3%
Others1142176776.8-60.9%
Total4,1113,6006,1554,1800.6%

Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Austria in 2022:

  1. India (280.0 tons)
  2. Germany (271.4 tons)
  3. Spain (25.1 tons)
  4. Japan (20.0 tons)
  5. Russia (20.0 tons)
  6. France (13.2 tons)

Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria

For the third year in a row, Austria recorded decline in overseas shipments of chromium oxides and hydroxides; excluding chromium trioxides, which decreased by -91.7% to 4.5 tons in 2022. In general, exports faced a significant decrease. The smallest decline of -1.4% was in 2020.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides fell dramatically to $21K in 2022. Over the period under review, exports recorded a dramatic contraction. The smallest decline of -3.1% was in 2020.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A2.72.46.757.5%
Italy0.23.55.54.0171.4%
Hungary0.71.2N/A3.266.0%
China44.130.942.42.4-62.1%
Czech Republic1.22.10.92.018.6%
RomaniaN/AN/AN/A0.30%
Germany405414148N/A-39.5%
CroatiaN/AN/AN/AN/A0%
Others25.97.98.62.2-56.0%
Total47746220820.8-64.8%

Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Austria in 2022:

  1. Poland (1073.0 kg)
  2. Hungary (971.0 kg)
  3. Romania (721.0 kg)
  4. China (574.0 kg)
  5. Italy (492.0 kg)
  6. Croatia (265.0 kg)
  7. Czech Republic (225.0 kg)

Source: IndexBox Market Intelligence Platform

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