Price for Chromium Oxides and Hydroxides in Ukraine - 2023

Contents:

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

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

The average chromium oxides and hydroxides import price stood at $3,399 per ton in 2022, jumping by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Poland ($6,250 per ton), while the price for Kazakhstan ($3,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average chromium oxides and hydroxides export price amounted to $14,863 per ton, reducing by -13.3% against the previous year. Over the period under review, the export price, however, showed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 66%. As a result, the export price reached the peak level of $17,150 per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($49,779 per ton), while the average price for exports to Slovakia ($9,348 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 Kazakhstan (+37.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chromium Oxides and Hydroxides in Ukraine

Chromium oxides and hydroxides imports into Ukraine shrank notably to 39 tons in 2022, which is down by -68.5% against 2021. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.

In value terms, chromium oxides and hydroxides imports dropped remarkably to $132K in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.

Import of Chromium Oxides and Hydroxides in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan22476.3120114-20.2%
Turkey0.70.91.98.3128.0%
Russia18610154.1N/A-46.1%
Estonia13643.123.2N/A-58.7%
Netherlands13.811.510.7N/A-11.9%
Others21565.61489.5-64.6%
Total775298357132-44.6%

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

  1. Kazakhstan (36.0 tons)
  2. Turkey (2.0 tons)

Exports of Chromium Oxides and Hydroxides in Ukraine

In 2022, the amount of chromium oxides and hydroxideses exported from Ukraine was estimated at 1.3 tons, with an increase of 3.1% on the previous year. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 448% against the previous year. As a result, the exports attained the peak of 1.7 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chromium oxides and hydroxides exports fell to $19K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 516% against the previous year.

Export of Chromium Oxides and Hydroxides in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia0.29.08.29.6263.4%
Kazakhstan0.15.35.76.5302.1%
GeorgiaN/A1.51.72.939.0%
MoldovaN/A0.50.10.4-10.6%
Germany1.2N/AN/AN/A0%
Others1.20.96.0N/A123.6%
Total2.817.121.719.490.6%

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

  1. Slovakia (1029.0 kg)
  2. Kazakhstan (131.0 kg)
  3. Georgia (126.0 kg)
  4. Moldova (21.0 kg)

Source: IndexBox Market Intelligence Platform

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