Price for Chromium; Waste and Scrap in the UK - 2023

Contents:

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

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

The average chromium; waste and scrap export price stood at $8,191 per ton in 2022, which is down by -2.9% against the previous year. Overall, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 127%. Over the period under review, the average export prices attained the peak figure at $11,543 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 Germany ($15,784 per ton), while the average price for exports to the Czech Republic ($12 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 (+39.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average chromium; waste and scrap import price amounted to $6,507 per ton, dropping by -27.7% against the previous year. In general, the import price, however, recorded a noticeable increase. The pace of growth appeared the most rapid in 2016 an increase of 177% against the previous year. Over the period under review, average import prices hit record highs at $9,005 per ton in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($11,766 per ton), while the price for Austria ($2,479 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Chromium; Waste and Scrap in the UK

In 2022, the amount of chromium; waste and scraps exported from the UK soared to 195 tons, increasing by 52% on the previous year. Overall, exports, however, recorded a drastic downturn.

In value terms, chromium; waste and scrap exports skyrocketed to $1.6M in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn.

Export of Chromium; Waste and Scrap in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0714831,0501,52112.4%
Germany40549031.455.5-48.4%
France32646.2N/A13.4-65.5%
Czech RepublicN/AN/AN/A0.10%
Brazil193N/AN/AN/A0%
Others18.717.8N/A9.0-21.6%
Total2,0141,0361,0811,600-7.4%

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

  1. United States (180.8 tons)
  2. Czech Republic (10.0 tons)
  3. Germany (3.5 tons)
  4. France (0.3 tons)

Imports of Chromium; Waste and Scrap in the UK

In 2022, supplies from abroad of chromium; waste and scraps was finally on the rise to reach 36 tons after two years of decline. In general, imports, however, continue to indicate a sharp curtailment.

In value terms, chromium; waste and scrap imports fell rapidly to $233K in 2022. Overall, imports, however, showed a precipitous slump.

Import of Chromium; Waste and Scrap in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore11.16.010892.4102.7%
RussiaN/AN/AN/A58.80%
Germany23.9N/AN/A58.334.6%
Austria0.272.1N/A12.0291.5%
United States368311N/A2.6-80.8%
France18.935.0N/A2.1-51.9%
Sweden70.7N/AN/AN/A0%
Egypt43.6N/AN/AN/A0%
Netherlands329108180N/A-26.0%
Others16.443.14.26.8-25.4%
Total882575293233-35.8%

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

  1. Singapore (19.2 tons)
  2. Germany (5.0 tons)
  3. Russia (5.0 tons)
  4. Austria (4.8 tons)
  5. United States (0.7 tons)
  6. France (0.3 tons)

Source: IndexBox Market Intelligence Platform

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