Price for Chromium Oxides and Hydroxides in Slovenia - 2023

Contents:

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

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

In 2022, the average chromium oxides and hydroxides import price amounted to $6,863 per ton, rising by 11% against the previous year. In general, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 58% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,994 per ton), while the price for the UK ($4,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average chromium oxides and hydroxides export price amounted to $8,409 per ton, increasing by 3.8% against the previous year. In general, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 93%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($10,980 per ton), while the average price for exports to Germany ($7,318 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 Thailand (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chromium Oxides and Hydroxides in Slovenia

Chromium oxides and hydroxides imports into Slovenia plummeted to 33 tons in 2022, which is down by -47.4% compared with 2021. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports reached the peak of 62 tons, and then reduced markedly in the following year.

In value terms, chromium oxides and hydroxides imports declined dramatically to $225K in 2022. In general, imports faced a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 21%.

Import of Chromium Oxides and Hydroxides in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany357294365199-17.7%
Austria8.310.113.010.78.8%
South Africa6.07.25.87.99.6%
United States1.8N/AN/A2.714.5%
United Kingdom23.00.1N/AN/A-99.6%
Others5.77.82.34.6-6.9%
Total402319386225-17.6%

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

  1. United Kingdom (undefined tons)
  2. Germany (28.5 tons)
  3. Austria (1.8 tons)
  4. South Africa (1.5 tons)
  5. United States (0.5 tons)

Exports of Chromium Oxides and Hydroxides in Slovenia

In 2022, shipments abroad of chromium oxides and hydroxideses decreased by -27.2% to 15 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 30 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, chromium oxides and hydroxides exports fell notably to $128K in 2022. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 15%. As a result, the exports attained the peak of $204K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Chromium Oxides and Hydroxides in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia32.461.766.493.942.6%
Russia13683.371.421.8-45.7%
Croatia2.134.323.15.941.1%
Germany0.3N/AN/A3.7131.0%
Bosnia and Herzegovina0.510.01.72.775.4%
ItalyN/A14.26.7N/A-52.8%
Others5.60.10.4N/A-73.3%
Total177204170128-10.2%

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

  1. Serbia (10.8 tons)
  2. Russia (2.9 tons)
  3. Croatia (0.8 tons)
  4. Germany (0.5 tons)
  5. Bosnia and Herzegovina (0.3 tons)

Source: IndexBox Market Intelligence Platform

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