Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $5,902 per ton, jumping by 19% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $6,479 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 the United States ($10,915 per ton), while the price for Canada ($5,260 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 (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa (FOB) - 2022
In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $388 per ton, reducing by -87.7% against the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by 52%. Over the period under review, the average export prices hit record highs at $4,686 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($8,456 per ton), while the average price for exports to Turkey ($294 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa
In 2022, after three years of growth, there was significant decline in supplies from abroad of chromium oxides and hydroxides; excluding chromium trioxides, when their volume decreased by -64.8% to 134 tons. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 106% against the previous year. As a result, imports reached the peak of 381 tons, and then shrank dramatically in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides dropped notably to $793K in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 99.9% against the previous year. As a result, imports reached the peak of $1.9M, and then fell remarkably in the following year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 455 | 518 | 1,232 | 442 | -1.0% |
| Germany | 398 | 291 | 520 | 148 | -28.1% |
| Canada | N/A | N/A | 109 | 126 | 15.6% |
| Spain | 0.3 | N/A | N/A | 44.8 | 430.5% |
| India | 113 | 114 | 9.2 | 23.9 | -40.4% |
| Others | 3.1 | 24.9 | 24.9 | 7.9 | 36.6% |
| Total | 969 | 947 | 1,895 | 793 | -6.5% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to South Africa in 2022:
- China (83.1 tons)
- Canada (24.0 tons)
- Germany (17.0 tons)
- Spain (5.5 tons)
- India (4.0 tons)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa
In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides exported from South Africa skyrocketed to 396 tons, jumping by 1,586% on 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides surged to $154K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 115 | 0% |
| Zimbabwe | 30.8 | 34.8 | 43.6 | 27.1 | -4.2% |
| Namibia | 3.2 | 1.8 | 6.7 | 0.5 | -46.1% |
| United Arab Emirates | N/A | N/A | 13.2 | N/A | 0% |
| Others | 27.1 | 39.2 | 10.6 | 11.2 | -25.5% |
| Total | 61.0 | 75.7 | 74.0 | 154 | 36.2% |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from South Africa in 2022:
- Turkey (390.0 tons)
- Zimbabwe (3.2 tons)
- Namibia (0.5 tons)
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