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

Contents:

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

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bulgaria (CIF) - 2022

The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $5,870 per ton in 2022, which is down by -30.7% against the previous year. Over the period under review, the import price saw a mild decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 187%. Over the period under review, average import prices reached the peak figure at $8,476 per ton in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($9,299 per ton), while the price for Romania ($2,358 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $10,218 per ton in 2022, standing approx. at the previous year. In general, the export price faced a abrupt shrinkage. The growth pace was the most rapid in 2018 a decrease of -52.5% against the previous year. The export price peaked at $21,115 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($11,401 per ton), while the average price for exports to Greece ($2,294 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+5.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of chromium oxides and hydroxides; excluding chromium trioxides increased by 241% to 3.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed slight growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides soared to $20K in 2022. Overall, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A8.511.130.6%
RomaniaN/AN/AN/A4.70%
SpainN/AN/AN/A1.50%
China3.5N/AN/A0.1-69.4%
Germany9.812.9N/AN/A31.6%
Others0.41.2N/A2.686.6%
Total13.714.28.520.013.4%

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

  1. Romania (1992.0 kg)
  2. Belgium (1195.0 kg)
  3. Spain (199.0 kg)
  4. China (14.0 kg)

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

In 2022, exports of chromium oxides and hydroxides; excluding chromium trioxides from Bulgaria stood at 501 kg, stabilizing at the year before. Overall, exports recorded a precipitous contraction. The smallest decline of 99.9% was in 2021.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides amounted to $5.1K in 2022. In general, exports faced a dramatic setback. The smallest decline of 99.9% was in 2021.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Bulgaria (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Georgia8.6N/A3.5-36.2%
Netherlands0.2N/A1.6182.8%
Greece0.1N/AN/A0%
OthersN/AN/AN/A0%
Total8.9N/A5.1-24.3%

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

  1. Georgia (304.0 kg)
  2. Netherlands (179.0 kg)
  3. Greece (17.0 kg)

Source: IndexBox Market Intelligence Platform

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