Price for Chromium Oxides and Hydroxides in the UK - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in the UK (CIF) - 2023
- Price for Chromium Oxides and Hydroxides in the UK (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in the UK
- Exports of Chromium Oxides and Hydroxides in the UK
Price for Chromium Oxides and Hydroxides in the UK (CIF) - 2023
The average chromium oxides and hydroxides import price stood at $4,349 per ton in August 2023, approximately mirroring the previous month. In general, the import price showed a perceptible reduction. The growth pace was the most rapid in May 2023 an increase of 5.9% against the previous month. The import price peaked at $7,910 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($15,698 per ton), while the price for Hong Kong SAR ($2,080 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Chromium Oxides and Hydroxides in the UK (FOB) - 2022
In 2022, the average chromium oxides and hydroxides export price amounted to $4,206 per ton, with an increase of 24% against the previous year. Over the period under review, the export price, however, showed a noticeable shrinkage. Over the period under review, the average export prices attained the maximum at $5,901 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($6,259 per ton), while the average price for exports to Germany ($3,197 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 the Netherlands (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides in the UK
Chromium oxides and hydroxides imports into the UK surged to 18K tons in 2022, picking up by 47% on 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.3% 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 +50.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chromium oxides and hydroxides imports soared to $92M in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 39.9 | 23.4 | 30.5 | 73.1 | 22.4% |
| United States | 10.1 | 5.9 | 4.8 | 9.2 | -3.1% |
| China | N/A | 0.1 | 1.1 | 7.3 | 754.4% |
| Russia | N/A | N/A | N/A | 1.0 | 0% |
| Others | 1.9 | 1.8 | 1.4 | 1.6 | -5.6% |
| Total | 52.0 | 31.2 | 37.8 | 92.3 | 21.1% |
Top Suppliers of Chromium Oxides and Hydroxides to the UK in 2022:
- Kazakhstan (13.0K tons)
- United States (3.0K tons)
- China (1.5K tons)
- Russia (0.3K tons)
Exports of Chromium Oxides and Hydroxides in the UK
In 2022, after three years of growth, there was decline in shipments abroad of chromium oxides and hydroxideses, when their volume decreased by -3.7% to 348 tons. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 19%.
In value terms, chromium oxides and hydroxides exports skyrocketed to $1.5M in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chromium Oxides and Hydroxides in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 335 | 275 | 590 | 642 | 24.2% |
| Romania | 421 | 169 | 320 | 268 | -14.0% |
| Netherlands | 60.2 | 40.6 | 29.4 | 178 | 43.5% |
| Sweden | 4.3 | 8.2 | 2.1 | 33.7 | 98.6% |
| Belgium | 199 | 101 | 8.3 | 27.8 | -48.1% |
| Japan | 61.8 | 79.7 | 55.8 | 25.8 | -25.3% |
| Switzerland | 81.4 | 57.5 | N/A | 12.3 | -46.7% |
| Estonia | N/A | 45.0 | N/A | N/A | 0% |
| Ukraine | N/A | 23.7 | N/A | N/A | 0% |
| Others | 163 | 299 | 217 | 277 | 19.3% |
| Total | 1,326 | 1,098 | 1,222 | 1,464 | 3.4% |
Top Export Markets for Chromium Oxides and Hydroxides from the UK in 2022:
- Germany (200.7 tons)
- Romania (79.2 tons)
- Netherlands (28.4 tons)
- Sweden (6.7 tons)
- Japan (6.1 tons)
- Belgium (4.6 tons)
- Switzerland (0.7 tons)
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in the UK.
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This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in the UK.
657
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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In February 2023, the oxides and hydroxides price amounted to $4,647 per ton (CIF, United Kingdom), dropping by -20.3% against the previous month.
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In value terms, manganese oxides imports stood at $X in 2016. Overall, manganese oxides imports continue to indicate a relatively flat trend pattern. Over the period under review, global manganese ...
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In value terms, manganese oxides exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indica...
250
In February 2023, the oxides and hydroxides price amounted to $4,647 per ton (CIF, United Kingdom), dropping by -20.3% against the previous month.
827
In value terms, manganese oxides imports stood at $X in 2016. Overall, manganese oxides imports continue to indicate a relatively flat trend pattern. Over the period under review, global manganese ...
1359
In value terms, manganese oxides exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indica...
