Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sri Lanka - 2022

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sri Lanka (CIF) - 2022
  2. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sri Lanka

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sri Lanka (CIF) - 2022

In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $4,461 per ton, declining by -33.7% against the previous year. Over the period under review, the import price saw a deep downturn. The growth pace was the most rapid in 2021 an increase of 61%. Over the period under review, average import prices attained the peak figure at $7,934 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 India ($7,079 per ton), while the price for China totaled $4,265 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.3%).

Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sri Lanka

Imports of chromium oxides and hydroxides; excluding chromium trioxides into Sri Lanka surged to 2.7 tons in 2022, jumping by 336% compared with the previous year. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides skyrocketed to $12K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.35.01.110.948.9%
India2.01.31.41.3-13.4%
Others1.51.41.70.1-59.5%
Total6.87.74.212.321.8%

Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Sri Lanka in 2022:

  1. China (2546.0 kg)
  2. India (190.0 kg)

Source: IndexBox Market Intelligence Platform

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