Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Mexico - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Mexico (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Mexico
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Mexico (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $5,815 per ton, flattening at the previous year. Over the period under review, the import price, however, saw a slight setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the maximum at $6,694 per ton in 2012; however, from 2013 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 Germany ($8,169 per ton), while the price for China ($5,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced a decline.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Mexico
In 2022, overseas purchases of chromium oxides and hydroxides; excluding chromium trioxides were finally on the rise to reach 261 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp curtailment.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides skyrocketed to $1.5M in 2022. Overall, imports, however, recorded a precipitous decline.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.1 | 3.2 | 0.7 | 1.0 | -31.4% |
| China | 3.6 | N/A | 0.2 | 0.5 | -48.2% |
| Germany | 0.3 | 0.4 | 0.1 | 0.1 | -30.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.0 | 3.6 | 1.0 | 1.5 | -40.2% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Mexico in 2022:
- United States (162.2 tons)
- China (90.5 tons)
- Germany (8.0 tons)
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