Chromium Trioxide Price in Colombia - 2022
Contents:
- Chromium Trioxide Price in Colombia (CIF) - 2022
- Chromium Trioxide Price in Colombia (FOB) - 2022
- Chromium Trioxide Imports in Colombia
- Chromium Trioxide Exports in Colombia
Chromium Trioxide Price in Colombia (CIF) - 2022
In 2022, the average chromium trioxide import price amounted to $4,455 per ton, remaining relatively unchanged against the previous year. Overall, the import price showed a slight curtailment. The pace of growth appeared the most rapid in 2019 an increase of 8.1% against the previous year. The import price peaked at $5,088 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($13,982 per ton), while the price for Turkey ($3,579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Chromium Trioxide Price in Colombia (FOB) - 2022
The average chromium trioxide export price stood at $6,364 per ton in 2022, growing by 5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2018 an increase of 22% against the previous year. The export price peaked at $6,538 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +12.3% per year.
Chromium Trioxide Imports in Colombia
In 2022, the amount of chromium trioxides imported into Colombia reduced to 132 tons, with a decrease of -13% on the year before. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 35%.
In value terms, chromium trioxide imports declined to $589K in 2022. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year.
| Import of Chromium Trioxide in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 479 | 369 | 430 | 421 | -4.2% |
| Brazil | 111 | 70.1 | 104 | 102 | -2.8% |
| Turkey | 86.4 | 44.8 | 23.5 | 49.8 | -16.8% |
| India | N/A | N/A | 90.0 | N/A | 0% |
| Others | 29.1 | 16.1 | 31.4 | 16.4 | -17.4% |
| Total | 706 | 500 | 679 | 589 | -5.9% |
Top Suppliers of Chromium Trioxide to Colombia in 2022:
- United States (108.9 tons)
- Turkey (13.9 tons)
- Brazil (7.3 tons)
Chromium Trioxide Exports in Colombia
In 2022, exports of chromium trioxides from Colombia soared to 3.8 tons, jumping by 46% on the previous year's figure. Overall, exports showed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 65% against the previous year. As a result, the exports attained the peak of 5 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, chromium trioxide exports surged to $24K in 2022. In general, exports saw resilient growth. The growth pace was the most rapid in 2020 when exports increased by 100% against the previous year. As a result, the exports reached the peak of $32K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Chromium Trioxide in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 16.2 | 29.6 | 13.4 | 23.9 | 13.8% |
| Others | N/A | 2.8 | 2.1 | N/A | -25.0% |
| Total | 16.2 | 32.4 | 15.5 | 23.9 | 13.8% |
Top Export Markets for Chromium Trioxide from Colombia in 2022:
- Ecuador (3.8 tons)
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