Czech Republic: Chrome Ore Market Overview 2020

Chrome Ore Market Size in the Czech Republic

The revenue of the chrome ore market in the Czech Republic amounted to $X in 2017, increasing by X% against the previous year. Overall, chrome ore consumption continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. Over the period under review, the chrome ore market reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Chrome Ore Production in the Czech Republic

In 2017, the amount of chromium ores and concentrates produced in the Czech Republic amounted to X kg, approximately equating the previous year. In general, chrome ore production continues to indicate a relatively flat trend pattern.

Chrome Ore Exports in the Czech Republic

Chrome ore exports from the Czech Republic stood at X tonnes in 2017, picking up by X% against the previous year. In general, chrome ore exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. In that year, the chrome ore exports reached their peak volume of X tonnes. From 2012 to 2017, growth of the chrome ore exports failed to regain its momentum.

In value terms, chrome ore exports totaled $X in 2017. Overall, chrome ore exports continue to indicate a deep decline. In that year, the chrome ore exports reached their peak level of $X. From 2012 to 2017, growth of the chrome ore exports failed to regain its momentum.

Chrome Ore Exports by Country in the Czech Republic

South Africa prevails in chrome ore exports structure, recording X tonnes, which was near X% of total exports in 2017. It was distantly followed by Turkey (X tonnes) and Kazakhstan (X tonnes), together achieving X% share of total exports. Pakistan (X tonnes), Australia (X tonnes), Albania (X tonnes) and Iran (X tonnes) took the weak share of total exports.

South Africa was also the fastest growing in terms of the chromium ores and concentrates exports, with a CAGR of +X% from 2007 to 2017. At the same time, Albania (+X%), Australia (+X%), Iran (+X%) and Pakistan (+X%) displayed positive paces of growth. Turkey and Kazakhstan experienced a relatively flat trend pattern. South Africa (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest chrome ore supplier from the Czech Republic, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

In South Africa, chrome ore exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+X% per year) and Kazakhstan (-X% per year).

Chrome Ore Export Prices by Country in the Czech Republic

In 2017, the chrome ore export price in the Czech Republic amounted to $X per tonne, growing by X% against the previous year. Overall, chrome ore export price continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. The Czech Republic export price peaked of $X per tonne in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Iran ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Chrome Ore Imports in the Czech Republic

In 2017, the amount of chromium ores and concentrates imported into the Czech Republic amounted to X tonnes, reducing by -X% against the previous year. Overall, chrome ore imports continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the chrome ore imports attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, chrome ore imports totaled $X in 2017. In general, chrome ore imports continue to indicate a drastic slump. Over the period under review, the chrome ore imports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Chrome Ore Imports by Country in the Czech Republic

China represented the key importer of chromium ores and concentrates in the world, with the volume of imports accounting for X tonnes, which was approx. X% of total imports in 2017. Mozambique (X tonnes) occupied the second position in the ranking, followed by Russia (X tonnes). All these countries together occupied near X% share of total imports. Sweden (X tonnes) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mozambique (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, Russia (-X%) illustrated a downward trend over the same period. While the share of Mozambique (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported chromium ores and concentrates into the Czech Republic, making up X% of global imports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+X% per year) and Russia (-X% per year).

Chrome Ore Import Prices by Country in the Czech Republic

The chrome ore import price in the Czech Republic stood at $X per tonne in 2017, picking up by X% against the previous year. In general, the import price indicated a temperate expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the chrome ore import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2017, an increase of X% against the previous year. Over the period under review, the import prices for chromium ores and concentrates attained its peak figure level of $X per tonne in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Sweden ($X per tonne), while Mozambique ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sweden (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform