Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Paraguay - 2022

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Paraguay (CIF) - 2022
  2. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Paraguay

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

In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $4,966 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2019 an increase of 42% against the previous year. Over the period under review, average import prices hit record highs at $6,328 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 China ($8,114 per ton), while the price for Italy ($1,977 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+245.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, supplies from abroad of chromium oxides and hydroxides; excluding chromium trioxides decreased by 0% to 9 tons, falling for the second year in a row after two years of growth. In general, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 200% against the previous year. As a result, imports attained the peak of 18 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides amounted to $45K in 2022. Overall, imports saw resilient growth. The growth pace was the most rapid in 2020 with an increase of 204% against the previous year. As a result, imports reached the peak of $89K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil14.822.5N/A18.88.3%
Germany8.124.8N/A10.17.6%
China4.626.7N/A9.728.2%
Italy1.210.2N/A6.071.0%
Others0.75.2N/A0.1-47.7%
Total29.489.4N/A44.715.0%

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

  1. Brazil (3.5 tons)
  2. Italy (3.0 tons)
  3. Germany (1.3 tons)
  4. China (1.2 tons)

Source: IndexBox Market Intelligence Platform

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