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

Contents:

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

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

The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $2,579 per ton in 2022, surging by 6.9% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 224%. Over the period under review, the average export prices reached the maximum at $4,580 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($2,807 per ton) and Germany ($2,583 per ton), while the average price for exports to Austria ($2,094 per ton) and Latvia ($2,167 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $8,690 per ton in 2022, dropping by -11.5% against the previous year. Overall, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 4.2%. The import price peaked at $10,940 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($9,762 per ton) and China ($9,634 per ton), while the price for the United States ($6,619 per ton) and the UK ($6,750 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of chromium oxides and hydroxides; excluding chromium trioxides, when their volume decreased by -30.8% to 4.9 tons. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 79% against the previous year. As a result, the exports reached the peak of 7 tons, and then shrank markedly in the following year.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides shrank markedly to $13K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 109%. As a result, the exports attained the peak of $17K, and then declined dramatically in the following year.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.17.515.38.913.4%
SloveniaN/AN/A0.22.51150.0%
AustriaN/A0.20.20.441.4%
PolandN/AN/A0.20.350.0%
LatviaN/AN/A0.20.350.0%
CroatiaN/AN/AN/A0.20%
United KingdomN/A0.4N/AN/A0%
OthersN/AN/A0.8N/A0%
Total6.18.117.012.627.4%

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

  1. Germany (3442.0 kg)
  2. Slovenia (900.0 kg)
  3. Austria (170.0 kg)
  4. Poland (132.0 kg)
  5. Latvia (132.0 kg)
  6. Croatia (98.0 kg)

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

In 2022, approx. 691 kg of chromium oxides and hydroxides; excluding chromium trioxides were imported into Ireland; waning by -74.7% against 2021. Overall, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 32%.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides reduced sharply to $6K in 2022. In general, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.3N/A9.93.640.4%
United StatesN/A0.70.91.019.5%
ItalyN/AN/A0.60.833.3%
Germany0.60.6N/A0.60.0%
United Kingdom20.718.59.80.1-83.1%
Spain3.1N/AN/AN/A0%
Denmark1.7N/A2.9N/A30.6%
Others0.6N/A2.80.1-45.0%
Total27.919.826.86.0-40.1%

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

  1. China (369.0 kg)
  2. United States (147.0 kg)
  3. Italy (80.0 kg)
  4. Germany (77.0 kg)
  5. United Kingdom (8.0 kg)

Source: IndexBox Market Intelligence Platform

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