Price for Chromium Oxides and Hydroxides in Kazakhstan - 2021
Contents:
- Price for Chromium Oxides and Hydroxides in Kazakhstan (FOB) - 2022
- Price for Chromium Oxides and Hydroxides in Kazakhstan (CIF) - 2022
- Exports of Chromium Oxides and Hydroxides in Kazakhstan
- Imports of Chromium Oxides and Hydroxides in Kazakhstan
Price for Chromium Oxides and Hydroxides in Kazakhstan (FOB) - 2022
In 2022, the average chromium oxides and hydroxides export price amounted to $2,464 per ton, rising by 33% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hong Kong SAR ($2,671 per ton) and Belgium ($2,488 per ton), while the average price for exports to the UK ($2,305 per ton) and Russia ($2,346 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Chromium Oxides and Hydroxides in Kazakhstan (CIF) - 2022
In 2022, the average chromium oxides and hydroxides import price amounted to $4,889 per ton, dropping by -24.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 39%. Over the period under review, average import prices attained the maximum at $7,828 per ton in 2014; however, from 2015 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 Russia ($6,700 per ton), while the price for Turkey stood at $2,979 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.2%), while the prices for the other major suppliers experienced a decline.
Exports of Chromium Oxides and Hydroxides in Kazakhstan
Chromium oxides and hydroxides exports from Kazakhstan plummeted to 47K tons in 2022, shrinking by -15% on 2021. Overall, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year. As a result, the exports reached the peak of 56K tons, and then dropped significantly in the following year.
In value terms, chromium oxides and hydroxides exports amounted to $117M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Chromium Oxides and Hydroxides in Kazakhstan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 42.9 | 29.8 | 44.0 | 37.6 | -4.3% |
Belgium | 25.3 | 14.6 | 26.0 | 34.1 | 10.5% |
Hong Kong SAR | 7.3 | 4.7 | 10.3 | 32.5 | 64.5% |
Russia | 4.9 | 5.5 | 6.1 | 6.4 | 9.3% |
Germany | 3.8 | 2.8 | 2.4 | 2.7 | -10.8% |
Australia | 1.4 | 1.5 | 4.8 | 1.6 | 4.6% |
Others | 2.3 | 4.3 | 9.9 | 2.1 | -3.0% |
Total | 87.9 | 63.2 | 104 | 117 | 10.0% |
Top Export Markets for Chromium Oxides and Hydroxides from Kazakhstan in 2022:
- United Kingdom (16.3K tons)
- Belgium (13.7K tons)
- Hong Kong SAR (12.2K tons)
- Russia (2.7K tons)
- Germany (1.1K tons)
- Australia (0.7K tons)
Imports of Chromium Oxides and Hydroxides in Kazakhstan
In 2022, approx. 16 tons of chromium oxides and hydroxideses were imported into Kazakhstan; increasing by 54% against the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chromium oxides and hydroxides imports soared to $78K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Chromium Oxides and Hydroxides in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 53.7 | 35.9 | 46.5 | 51.1 | -1.6% |
Turkey | N/A | N/A | 3.0 | 23.8 | 693.3% |
Germany | 7.2 | 5.2 | N/A | N/A | -27.8% |
Ukraine | N/A | N/A | 15.6 | N/A | 0% |
Others | 3.7 | 0.1 | 1.9 | 2.8 | -8.9% |
Total | 64.7 | 41.2 | 67.0 | 77.7 | 6.3% |
Top Suppliers of Chromium Oxides and Hydroxides to Kazakhstan in 2022:
- Turkey (8.0 tons)
- Russia (7.6 tons)
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Kazakhstan.
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Kazakhstan.
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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