Price for Chromium Oxides and Hydroxides in Paraguay - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Paraguay (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides in Paraguay
Price for Chromium Oxides and Hydroxides in Paraguay (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $8,018 per ton in 2022, increasing by 30% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromium oxides and hydroxides import price increased by +128.5% against 2018 indices. The growth pace was the most rapid in 2019 when the average import price increased by 43%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($8,106 per ton), while the price for China amounted to $4,697 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+247.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides in Paraguay
In 2022, supplies from abroad of chromium oxides and hydroxideses decreased by -9.1% to 1.3 tons, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 159% against the previous year. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, chromium oxides and hydroxides imports skyrocketed to $10K in 2022. Over the period under review, imports faced a dramatic curtailment. The growth pace was the most rapid in 2020 when imports increased by 158%. As a result, imports attained the peak of $98K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Chromium Oxides and Hydroxides in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 23.6 | 53.6 | 5.0 | 10.1 | -24.6% |
| China | 4.6 | 17.8 | 0.9 | 0.2 | -64.8% |
| Germany | 8.0 | 16.5 | 1.8 | N/A | -52.6% |
| Italy | 1.2 | 6.8 | 1.1 | N/A | -4.3% |
| Others | 0.7 | 3.5 | N/A | N/A | 400.0% |
| Total | 38.0 | 98.2 | 8.7 | 10.3 | -35.3% |
Top Suppliers of Chromium Oxides and Hydroxides to Paraguay in 2022:
- Brazil (1250.0 kg)
- China (33.0 kg)
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