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

Contents:

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

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

In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $6,027 per ton, with an increase of 48% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $6,454 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($6,027 per ton), while the price for the United States ($6,026 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $4,878 per ton in 2022, jumping by 57% against the previous year. In general, the export price, however, continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,698 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +3.2% per year.

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

In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides imported into Israel contracted sharply to 157 tons, shrinking by -24.8% against 2021 figures. In general, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 162% against the previous year. As a result, imports reached the peak of 209 tons, and then shrank sharply in the following year.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides reached $948K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 184% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany94.0105213833106.9%
Spain11515629985.0-9.6%
United States3.74.98.316.062.9%
Others18734.633214.0-57.9%
Total40030085194833.3%

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

  1. Germany (138.2 tons)
  2. Spain (14.1 tons)
  3. United States (2.7 tons)

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

In 2022, approx. 615 kg of chromium oxides and hydroxides; excluding chromium trioxides were exported from Israel; rising by 46% against the previous year. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 65%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides surged to $3K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A3.00%
BelgiumN/A0.9N/AN/A0%
Switzerland1.00.10.1N/A-68.4%
IndiaN/A0.91.2N/A33.3%
OthersN/AN/AN/AN/A0%
Total1.02.01.33.044.2%

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

  1. Sweden (615.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Chromium oxides and hydroxides; excluding chromium trioxide - Israel