Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $1,258 per ton, falling by -64.7% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 67%. Over the period under review, average import prices reached the maximum at $3,562 per ton in 2021, and then declined remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($3,157 per ton), while the price for Egypt stood at $964 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania (FOB) - 2022
The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $1,357 per ton in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a noticeable increase. The growth pace was the most rapid in 2020 when the average export price increased by 4.4% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +2.7% per year.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania
In 2022, overseas purchases of chromium oxides and hydroxides; excluding chromium trioxides decreased by -98.6% to 760 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 162% against the previous year. As a result, imports reached the peak of 56 tons, and then contracted dramatically in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides declined sharply to $956 in 2022. Over the period under review, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 278% against the previous year. As a result, imports reached the peak of $200K, and then reduced remarkably in the following year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | 2.1 | 0.6 | -71.4% |
| United Arab Emirates | 0.4 | 2.4 | 12.8 | 0.3 | -9.1% |
| China | 12.9 | 17.1 | 61.2 | N/A | 117.8% |
| Germany | 0.8 | 0.8 | 2.2 | N/A | 65.8% |
| Malaysia | 19.5 | 21.2 | 79.2 | N/A | 101.5% |
| India | 8.0 | 8.7 | 25.3 | N/A | 77.8% |
| Kenya | 1.3 | 1.1 | 2.1 | N/A | 27.1% |
| Others | 1.4 | 1.7 | 15.4 | N/A | 231.7% |
| Total | 44.4 | 53.0 | 200 | 1.0 | -71.8% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Tanzania in 2022:
- Egypt (658.0 kg)
- United Arab Emirates (102.0 kg)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania
In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides exported from Tanzania stood at 750 kg, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports saw a sharp curtailment. The smallest decline of -50% was in 2020.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides amounted to $1K in 2022. In general, exports faced a sharp shrinkage. The smallest decline of -47.8% was in 2020.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 3.9 | 2.0 | N/A | 1.0 | -36.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.9 | 2.0 | N/A | 1.0 | -36.5% |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Tanzania in 2022:
- Uganda (750.0 kg)
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