Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $3,242 per ton, growing by 36% against the previous year. Overall, the import price, however, saw a deep slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 37% against the previous year. The import price peaked at $7,568 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 ($6,323 per ton), while the price for South Africa ($521 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand (FOB) - 2022
The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $3,160 per ton in 2022, increasing by 36% against the previous year. Overall, the export price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2018 an increase of 89%. As a result, the export price reached the peak level of $4,797 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +1.7% per year.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand
After three years of growth, supplies from abroad of chromium oxides and hydroxides; excluding chromium trioxides decreased by -30.8% to 1.2K tons in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 131% against the previous year. As a result, imports attained the peak of 1.7K tons, and then dropped dramatically in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides dropped to $3.8M in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 148%. As a result, imports attained the peak of $4M, and then shrank in the following year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 169 | 724 | 2,482 | 2,798 | 154.9% |
| Netherlands | N/A | N/A | N/A | 325 | 0% |
| Spain | 108 | 110 | N/A | 249 | 32.1% |
| Kazakhstan | N/A | N/A | N/A | 158 | 0% |
| Germany | 206 | 242 | 325 | 126 | -15.1% |
| South Africa | N/A | 62.2 | 65.9 | 122 | 40.1% |
| India | N/A | N/A | 187 | N/A | 0% |
| Estonia | 105 | 471 | 804 | N/A | 176.7% |
| Turkey | 391 | N/A | 134 | N/A | -41.5% |
| Others | 4.6 | 11.2 | 27.3 | 10.7 | 32.5% |
| Total | 983 | 1,622 | 4,025 | 3,789 | 56.8% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to New Zealand in 2022:
- China (700.0 tons)
- South Africa (234.0 tons)
- Netherlands (100.0 tons)
- Spain (73.0 tons)
- Kazakhstan (40.0 tons)
- Germany (20.0 tons)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand
In 2022, shipments abroad of chromium oxides and hydroxides; excluding chromium trioxides decreased by 99.9% to 25 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 104% against the previous year. As a result, the exports reached the peak of 63 tons, and then declined sharply in the following year.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides dropped markedly to $79 in 2022. In general, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 86.5 | 115 | 41.9 | 0.1 | -89.5% |
| Australia | N/A | 1.6 | 105 | N/A | 6462.5% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 86.9 | 117 | 147 | 0.1 | -89.5% |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from New Zealand in 2022:
- Fiji (25.0 kg)
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