Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine - 2023

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine (CIF) - 2022
  2. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine (FOB) - 2022
  3. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine
  4. Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine

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

In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $3,414 per ton, dropping by -26.8% against the previous year. Overall, the import price saw a mild decline. The pace of growth was the most pronounced in 2021 an increase of 30% against the previous year. The import price peaked at $4,674 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 China ($7,454 per ton), while the price for Kazakhstan amounted to $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine (FOB) - 2022

In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $15,504 per ton, shrinking by -42.6% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The growth pace was the most rapid in 2021 an increase of 123% against the previous year. As a result, the export price attained the peak level of $26,999 per ton, and then shrank markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +5.0% per year.

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

In 2022, approx. 16 tons of chromium oxides and hydroxides; excluding chromium trioxides were imported into Ukraine; falling by -54% on the year before. Overall, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 8.9%.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides fell remarkably to $56K in 2022. Over the period under review, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 41%.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan26172.067.248.0-43.1%
China30.68.348.61.1-67.0%
Russia18.913.13.0N/A-60.2%
Germany25.111.025.5N/A0.8%
Netherlands136N/AN/AN/A0%
Others16.013.021.76.7-25.2%
Total48711716655.9-51.4%

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

  1. Kazakhstan (16.0 tons)
  2. China (0.2 tons)

Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine

In 2022, exports of chromium oxides and hydroxides; excluding chromium trioxides from Ukraine soared to 1.2 tons, with an increase of 52% compared with the previous year's figure. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 341% against the previous year. As a result, the exports attained the peak of 1.3 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides declined to $19K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 476% against the previous year.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia2.813.94.618.788.3%
KazakhstanN/AN/A15.8N/A0%
OthersN/A2.10.9N/A-57.1%
Total2.816.021.418.788.3%

Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Ukraine in 2022:

  1. Georgia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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