Price for Chromium; Waste and Scrap in the United States - 2023
Contents:
- Price for Chromium; Waste and Scrap in the United States (CIF) - 2023
- Price for Chromium; Waste and Scrap in the United States (FOB) - 2022
- Imports of Chromium; Waste and Scrap in the United States
- Exports of Chromium; Waste and Scrap in the United States
Price for Chromium; Waste and Scrap in the United States (CIF) - 2023
In September 2023, the average chromium; waste and scrap import price amounted to $6,162 per ton, reducing by -29.3% against the previous month. Over the period under review, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in May 2023 an increase of 42% month-to-month. As a result, import price reached the peak level of $12,297 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($8,708 per ton), while the price for Taiwan (Chinese) amounted to $3,993 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium; Waste and Scrap in the United States (FOB) - 2022
In 2022, the average chromium; waste and scrap export price amounted to $17,442 per ton, jumping by 77% against the previous year. In general, the export price, however, continues to indicate a mild slump. The export price peaked at $20,112 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($23,149 per ton), while the average price for exports to Canada ($6,368 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 Brazil (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium; Waste and Scrap in the United States
In 2022, the amount of chromium; waste and scraps imported into the United States contracted to 99 tons, declining by -12% against 2021. In general, imports faced a significant decrease.
In value terms, chromium; waste and scrap imports fell to $617K in 2022. Over the period under review, imports saw a sharp setback.
| Import of Chromium; Waste and Scrap in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 950 | 718 | 480 | 420 | -23.8% |
| China | 157 | N/A | N/A | 139 | -4.0% |
| South Africa | N/A | N/A | N/A | 22.7 | 0% |
| Canada | 131 | 67.1 | 122 | 18.1 | -48.3% |
| Japan | 298 | 119 | 35.2 | 16.3 | -62.0% |
| France | N/A | 34.0 | N/A | N/A | 0% |
| Taiwan (Chinese) | 313 | 13.8 | 14.6 | N/A | -78.4% |
| Others | 84.0 | N/A | 20.8 | 1.3 | -75.1% |
| Total | 1,934 | 953 | 673 | 617 | -31.7% |
Top Suppliers of Chromium; Waste and Scrap to the United States in 2022:
- United Kingdom (69.2 tons)
- South Africa (14.4 tons)
- China (8.1 tons)
- Canada (4.6 tons)
- Japan (2.5 tons)
Exports of Chromium; Waste and Scrap in the United States
In 2022, overseas shipments of chromium; waste and scraps increased by 153% to 27 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a pronounced decline.
In value terms, chromium; waste and scrap exports soared to $466K in 2022. In general, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chromium; Waste and Scrap in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 223 | 0% |
| United Kingdom | 9.5 | 209 | 19.8 | 212 | 181.5% |
| Canada | 15.6 | 22.5 | 51.5 | 30.2 | 24.6% |
| Russia | N/A | N/A | 32.7 | N/A | 0% |
| China | 213 | N/A | N/A | N/A | 0% |
| Netherlands | 91.2 | N/A | N/A | N/A | 0% |
| Others | 3.3 | 25.8 | N/A | N/A | 681.8% |
| Total | 332 | 258 | 104 | 466 | 12.0% |
Top Export Markets for Chromium; Waste and Scrap from the United States in 2022:
- Taiwan (Chinese) (12.8 tons)
- United Kingdom (9.2 tons)
- Canada (4.7 tons)
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