Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $7,700 per ton, picking up by 51% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $10,189 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +0.2% per year.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama (FOB) - 2022
In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $4,878 per ton, flattening at the previous year. Over the period under review, the export price faced a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price decreased by -40.8%. The export price peaked at $30,065 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2013 to 2022, the rate of growth in terms of prices for Venezuela amounted to -21.3% per year.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama
In 2022, overseas purchases of chromium oxides and hydroxides; excluding chromium trioxides decreased by -63.8% to 130 kg, falling for the second year in a row after two years of growth. In general, imports showed a sharp contraction. The growth pace was the most rapid in 2020 when imports increased by 407%. As a result, imports attained the peak of 1.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides shrank significantly to $1K in 2022. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 443%. As a result, imports reached the peak of $8.1K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1.1 | 6.3 | 0.8 | 1.0 | -3.1% |
| Mexico | 0.4 | 1.7 | 1.0 | N/A | 58.1% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.5 | 8.1 | 1.8 | 1.0 | -12.6% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Panama in 2022:
- Colombia (130.0 kg)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama
Exports of chromium oxides and hydroxides; excluding chromium trioxides from Panama totaled 948 kg in 2022, therefore, remained relatively stable against the previous year. Overall, exports saw a dramatic decline. The smallest decline of 99.9% was in 2021.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides totaled $4.6K in 2022. In general, exports showed a precipitous contraction. The smallest decline of 99.9% was in 2021.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Venezuela | 5.4 | N/A | 4.6 | -7.7% | |
| Dominican Republic | 3.8 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 9.2 | N/A | 4.6 | -29.3% | |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Panama in 2022:
- Venezuela (948.0 kg)
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