Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ecuador - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ecuador (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ecuador
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ecuador (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $7,230 per ton in 2022, jumping by 18% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $7,403 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($7,808 per ton), while the price for China ($2,806 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ecuador
In 2022, overseas purchases of chromium oxides and hydroxides; excluding chromium trioxides decreased by -46.7% to 4.9 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 115% against the previous year. As a result, imports reached the peak of 9.1 tons, and then reduced markedly in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides contracted markedly to $35K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 110%. As a result, imports attained the peak of $56K, and then fell markedly in the following year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 4.2 | 12.1 | 36.8 | 22.0 | 73.7% |
| Germany | 2.4 | 5.3 | 6.5 | 12.5 | 73.3% |
| China | 1.2 | 1.0 | 0.1 | 0.1 | -56.3% |
| Spain | 5.4 | 7.9 | 6.1 | N/A | 6.3% |
| Others | 1.4 | 0.2 | 6.1 | 0.5 | -29.1% |
| Total | 14.6 | 26.5 | 55.6 | 35.1 | 34.0% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Ecuador in 2022:
- Colombia (2.8 tons)
- Germany (2.0 tons)
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Ecuador.
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