Price for Chromium Oxides and Hydroxides in Finland - 2023

Contents:

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

Price for Chromium Oxides and Hydroxides in Finland (CIF) - 2022

The average chromium oxides and hydroxides import price stood at $7,352 per ton in 2022, growing by 4.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 19% against the previous year. The import price peaked at $8,949 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,648 per ton), while the price for Turkey ($3,763 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.0%), while the prices for the other major suppliers experienced a decline.

Price for Chromium Oxides and Hydroxides in Finland (FOB) - 2022

The average chromium oxides and hydroxides export price stood at $11,205 per ton in 2022, rising by 24% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by 54% against the previous year. As a result, the export price reached the peak level of $39,238 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($37,900 per ton), while the average price for exports to Latvia ($7,469 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 Sweden (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chromium Oxides and Hydroxides in Finland

In 2022, approx. 46 tons of chromium oxides and hydroxideses were imported into Finland; reducing by -8.9% compared with 2021. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year.

In value terms, chromium oxides and hydroxides imports declined to $340K in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year.

Import of Chromium Oxides and Hydroxides in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany333207316223-12.5%
United States6.41.67.331.670.3%
Sweden1.17.66.828.8196.9%
RussiaN/AN/AN/A22.90%
Turkey77.651.022.918.6-37.9%
Spain15.1N/AN/A1.8-50.8%
Others11.32.44.513.04.8%
Total445270357340-8.6%

Top Suppliers of Chromium Oxides and Hydroxides to Finland in 2022:

  1. Germany (25.8 tons)
  2. Russia (5.4 tons)
  3. Turkey (5.0 tons)
  4. Sweden (4.6 tons)
  5. United States (4.0 tons)
  6. Spain (0.3 tons)

Exports of Chromium Oxides and Hydroxides in Finland

In 2022, approx. 4.4 tons of chromium oxides and hydroxideses were exported from Finland; waning by -62.9% compared with 2021 figures. In general, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. As a result, the exports attained the peak of 12 tons, and then contracted rapidly in the following year.

In value terms, chromium oxides and hydroxides exports declined sharply to $49K in 2022. Overall, exports recorded a sharp curtailment. The smallest decline of -12.9% was in 2021.

Export of Chromium Oxides and Hydroxides in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands23.6N/A12.816.7-10.9%
South Korea9.810.0N/A14.513.9%
SwedenN/AN/A8.18.66.2%
Estonia1.00.80.84.463.9%
Latvia1.55.323.42.111.9%
Lithuania0.60.61.01.329.4%
United States76.253.714.51.1-75.7%
Russia0.331.743.0N/A1097.2%
China68.419.1N/AN/A-72.1%
Others1.21.12.80.2-45.0%
Total18312210649.0-35.5%

Top Export Markets for Chromium Oxides and Hydroxides from Finland in 2022:

  1. Netherlands (2219.0 kg)
  2. Sweden (614.0 kg)
  3. South Korea (592.0 kg)
  4. Estonia (485.0 kg)
  5. Latvia (275.0 kg)
  6. Lithuania (150.0 kg)
  7. United States (30.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Chromium oxides and hydroxides - Finland