Price for Chromium; Waste and Scrap in Japan - 2023

Contents:

1. Price for Chromium; Waste and Scrap in Japan (FOB) - 2022
2. Price for Chromium; Waste and Scrap in Japan (CIF) - 2022
3. Exports of Chromium; Waste and Scrap in Japan
4. Imports of Chromium; Waste and Scrap in Japan

Price for Chromium; Waste and Scrap in Japan (FOB) - 2022

In 2022, the average chromium; waste and scrap export price amounted to $11,028 per ton, rising by 129% against the previous year. Overall, the export price posted a perceptible increase. The export price peaked at $14,964 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($18,806 per ton), while the average price for exports to the UK ($4,225 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 Vietnam (+27.7%), while the prices for the other major destinations experienced a decline.

Price for Chromium; Waste and Scrap in Japan (CIF) - 2022

The average chromium; waste and scrap import price stood at $8,104 per ton in 2022, increasing by 40% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $11,631 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 South Korea ($10,899 per ton), while the price for Thailand ($4,922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Chromium; Waste and Scrap in Japan

In 2022, approx. 24 tons of chromium; waste and scraps were exported from Japan; declining by -71.3% on the previous year. Overall, exports, however, showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 413% against the previous year. As a result, the exports reached the peak of 82 tons, and then declined sharply in the following year.

In value terms, chromium; waste and scrap exports declined remarkably to $259K in 2022. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 173%. As a result, the exports attained the peak of $396K, and then contracted sharply in the following year.

Top Export Markets for Chromium; Waste and Scrap from Japan in 2022:

1. United States (20.7 tons)
2. United Kingdom (1.8 tons)
3. Vietnam (1.0 tons)

Imports of Chromium; Waste and Scrap in Japan

In 2022, chromium; waste and scrap imports into Japan totaled 26 tons, picking up by 12% against the year before. Overall, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 256%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, chromium; waste and scrap imports skyrocketed to $214K in 2022. In general, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 233%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Chromium; Waste and Scrap to Japan in 2022:

1. Germany (10.5 tons)
2. Taiwan (Chinese) (6.1 tons)
3. Thailand (3.3 tons)
4. Indonesia (3.0 tons)
5. South Korea (2.6 tons)
6. France (0.9 tons)

Source: IndexBox Market Intelligence Platform