Chromium Trioxide Price in Peru - 2021

Chromium Trioxide Price in Peru (CIF) - 2022

The average chromium trioxide import price stood at $3,503 per ton in 2022, flattening at the previous year. Overall, the import price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2017 an increase of 25% against the previous year. The import price peaked at $5,203 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($11,975 per ton), while the price for the United States ($3,303 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Chromium Trioxide Price in Peru (FOB) - 2022

The average chromium trioxide export price stood at $2,800 per ton in 2022, increasing by 14% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 75% against the previous year. The export price peaked at $9,010 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +20.4% per year.

Chromium Trioxide Imports in Peru

In 2022, approx. 85 tons of chromium trioxides were imported into Peru; reducing by -24.8% against 2021. In general, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 97%. As a result, imports attained the peak of 114 tons, and then dropped rapidly in the following year.

In value terms, chromium trioxide imports reduced notably to $299K in 2022. Overall, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of $393K, and then contracted markedly in the following year.

Import of Chromium Trioxide in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	242	178	351	269	3.6%
Italy	12.9	20.6	26.5	20.3	16.3%
Turkey	3.5	3.5	12.9	9.9	41.4%
Others	3.4	4.0	2.6	N/A	-12.6%
Total	262	206	393	299	4.5%

Top Suppliers of Chromium Trioxide to Peru in 2022:

United States (81.5 tons)
Turkey (2.3 tons)
Italy (1.7 tons)

Chromium Trioxide Exports in Peru

In 2022, after three years of growth, there was significant decline in overseas shipments of chromium trioxides, when their volume decreased by -34.8% to 2.1 tons. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 230% against the previous year. As a result, the exports reached the peak of 3.3 tons, and then contracted sharply in the following year.

In value terms, chromium trioxide exports dropped notably to $6K in 2022. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. As a result, the exports reached the peak of $8.1K, and then declined significantly in the following year.