Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nepal - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nepal (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nepal
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nepal (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $2,858 per ton, declining by -17.3% against the previous year. Over the period under review, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 170% against the previous year. Over the period under review, average import prices hit record highs at $3,455 per ton in 2021, and then declined remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +18.4% per year.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nepal
In 2022, overseas purchases of chromium oxides and hydroxides; excluding chromium trioxides were finally on the rise to reach 2.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides surged to $6.8K in 2022. Overall, imports posted 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 Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.1 | 1.7 | 1.6 | 6.8 | 47.9% |
| Others | 1.3 | 1.0 | 1.1 | N/A | -8.0% |
| Total | 3.4 | 2.7 | 2.7 | 6.8 | 26.0% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Nepal in 2022:
- India (2.4 tons)
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