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

Contents:

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

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

The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $5,344 per ton in 2022, dropping by -21.5% against the previous year. Over the period under review, the import price saw a perceptible reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 12% against the previous year. The import price peaked at $7,925 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($8,576 per ton), while the price for the Netherlands ($1,375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $8,858 per ton in 2022, reducing by -86.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 97%. Over the period under review, the average export prices reached the peak figure at $66,014 per ton in 2021, and then shrank sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +43.1% per year.

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

For the fourth consecutive year, Lithuania recorded growth in supplies from abroad of chromium oxides and hydroxides; excluding chromium trioxides, which increased by 1,347% to 61 tons in 2022. Overall, imports showed a significant expansion. 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 skyrocketed to $326K in 2022. In general, imports showed significant 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 Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A0.3N/A2852982.2%
NetherlandsN/AN/A13.926.187.8%
Czech Republic9.414.313.09.0-1.4%
Others0.70.81.85.8102.4%
Total10.115.428.7326218.4%

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

  1. France (40.0 tons)
  2. Netherlands (19.0 tons)
  3. Czech Republic (1.3 tons)

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

In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides exported from Lithuania surged to 33 tons, growing by 43,955% compared with the year before. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides surged to $289K in 2022. Over the period under review, exports posted 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 Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia12.2N/A0.1285185.9%
OthersN/AN/A4.84.0-16.7%
Total12.2N/A4.9289187.2%

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

  1. Russia (32.6 tons)

Source: IndexBox Market Intelligence Platform

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