Price for Chromium Oxides and Hydroxides in Myanmar - 2022
Contents:
- Price for Chromium Oxides and Hydroxides in Myanmar (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides in Myanmar
Price for Chromium Oxides and Hydroxides in Myanmar (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $4,909 per ton in 2022, declining by -7.4% against the previous year. In general, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 an increase of 74%. The import price peaked at $6,466 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 ($6,000 per ton), while the price for Thailand ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.8%), while the prices for the other major suppliers experienced a decline.
Imports of Chromium Oxides and Hydroxides in Myanmar
In 2022, after two years of decline, there was significant decline in purchases abroad of chromium oxides and hydroxideses, when their volume decreased by -45% to 11 kg. In general, imports continue to indicate a sharp reduction.
In value terms, chromium oxides and hydroxides imports fell rapidly to $54 in 2022. Over the period under review, imports faced a precipitous slump.
| Import of Chromium Oxides and Hydroxides in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.8 | N/A | N/A | N/A | 0% |
| South Korea | 4.3 | N/A | N/A | N/A | 0% |
| Germany | 1.3 | N/A | N/A | N/A | 0% |
| China | 15.1 | N/A | N/A | N/A | 0% |
| India | 2.2 | N/A | N/A | N/A | 0% |
| Singapore | 28.4 | N/A | 0.1 | N/A | -94.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 52.2 | N/A | 0.1 | 0.1 | -87.6% |
Top Suppliers of Chromium Oxides and Hydroxides to Myanmar in 2022:
- Singapore (5.0 kg)
- India (2.0 kg)
- China (1.0 kg)
- Thailand (1.0 kg)
- Germany (1.0 kg)
- South Korea (1.0 kg)
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