Price for Chromium Oxides and Hydroxides in Saudi Arabia - 2021
Contents:
- Price for Chromium Oxides and Hydroxides in Saudi Arabia (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides in Saudi Arabia
Price for Chromium Oxides and Hydroxides in Saudi Arabia (CIF) - 2022
In 2021, the average chromium oxides and hydroxides import price amounted to $15,628 per ton, standing approx. at the previous year. In general, the import price, however, posted significant growth. The growth pace was the most rapid in 2014 when the average import price increased by 245% against the previous year. Over the period under review, average import prices attained the peak figure at $19,075 per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +19.6% per year.
Imports of Chromium Oxides and Hydroxides in Saudi Arabia
In 2021, approx. 533 tons of chromium oxides and hydroxideses were imported into Saudi Arabia; waning by -5.6% against 2020. Overall, imports recorded a significant curtailment.
In value terms, chromium oxides and hydroxides imports contracted to $8.3M in 2021. Over the period under review, imports saw a dramatic decrease.
| Import of Chromium Oxides and Hydroxides in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 18.5 | 8.6 | 8.0 | -34.2% | |
| Others | 0.1 | 0.2 | 0.3 | 73.2% | |
| Total | 18.5 | 8.8 | 8.3 | -33.0% | |
Top Suppliers of Chromium Oxides and Hydroxides to Saudi Arabia in 2022:
- United States (482.0 tons)
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