Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bolivia - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bolivia (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bolivia
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bolivia (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $14,964 per ton in 2022, with an increase of 71% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +3.4% per year.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bolivia
Imports of chromium oxides and hydroxides; excluding chromium trioxides into Bolivia shrank markedly to 2.9 tons in 2022, dropping by -33.7% compared with 2021. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 156% against the previous year. As a result, imports reached the peak of 4.4 tons, and then declined significantly in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides expanded rapidly to $44K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 33.2 | 19.2 | 35.0 | 43.6 | 9.5% |
| Peru | 1.2 | 0.8 | 1.8 | N/A | 22.5% |
| Brazil | 1.2 | 0.6 | 1.2 | N/A | 0.0% |
| Others | 1.2 | 0.4 | 0.6 | 0.1 | -56.3% |
| Total | 36.8 | 21.1 | 38.6 | 43.8 | 6.0% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Bolivia in 2022:
- Colombia (2.9 tons)
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