Price for Chromium Oxides and Hydroxides in Sweden - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Sweden (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Sweden (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Sweden
- Exports of Chromium Oxides and Hydroxides in Sweden
Price for Chromium Oxides and Hydroxides in Sweden (CIF) - 2022
In 2022, the average chromium oxides and hydroxides import price amounted to $6,151 per ton, with an increase of 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2016 an increase of 27%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($9,376 per ton), while the price for Denmark ($4,157 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides in Sweden (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $3,207 per ton in 2022, waning by -53.6% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 53%. Over the period under review, the average export prices attained the peak figure at $7,023 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($6,897 per ton), while the average price for exports to Finland ($2,604 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 Poland (-1.3%), while the prices for the other major destinations experienced a decline.
Imports of Chromium Oxides and Hydroxides in Sweden
In 2022, approx. 102 tons of chromium oxides and hydroxideses were imported into Sweden; waning by -4.2% compared with the year before. Overall, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.
In value terms, chromium oxides and hydroxides imports skyrocketed to $630K in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 384 | 309 | 344 | 429 | 3.8% |
| Spain | 56.9 | 42.4 | 62.5 | 56.3 | -0.4% |
| United Kingdom | N/A | N/A | 5.3 | 33.4 | 530.2% |
| Japan | 25.1 | 25.5 | 24.5 | 32.6 | 9.1% |
| United States | 0.3 | 1.7 | 1.1 | 24.5 | 333.9% |
| Poland | 6.1 | 12.0 | 19.4 | 23.7 | 57.2% |
| France | 20.6 | 54.6 | 20.1 | 10.7 | -19.6% |
| Denmark | 11.1 | N/A | 8.1 | 10.6 | -1.5% |
| Others | 19.2 | 15.3 | 38.3 | 9.4 | -21.2% |
| Total | 523 | 460 | 523 | 630 | 6.4% |
Top Suppliers of Chromium Oxides and Hydroxides to Sweden in 2022:
- Germany (69.5 tons)
- United Kingdom (6.3 tons)
- Spain (6.0 tons)
- United States (5.3 tons)
- Poland (5.0 tons)
- Japan (3.9 tons)
- Denmark (2.5 tons)
- France (2.2 tons)
Exports of Chromium Oxides and Hydroxides in Sweden
Chromium oxides and hydroxides exports from Sweden declined to 11 tons in 2022, waning by -11% on 2021. In general, exports saw a abrupt slump. The smallest decline of -1.6% was in 2021.
In value terms, chromium oxides and hydroxides exports shrank markedly to $35K in 2022. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. As a result, the exports attained the peak of $85K, and then contracted significantly in the following year.
| Export of Chromium Oxides and Hydroxides in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 27.2 | 24.5 | 25.8 | 23.4 | -4.9% |
| Denmark | 6.4 | 6.2 | 6.0 | 7.3 | 4.5% |
| Poland | 3.4 | 1.7 | 6.3 | 2.1 | -14.8% |
| Lithuania | 6.0 | 6.1 | N/A | 0.4 | -59.5% |
| Norway | 4.8 | 6.3 | 22.6 | 0.2 | -65.3% |
| Latvia | 1.5 | 10.7 | 17.5 | N/A | 241.6% |
| Others | 0.1 | 0.4 | 6.4 | 1.5 | 146.6% |
| Total | 49.4 | 56.1 | 84.6 | 34.9 | -10.9% |
Top Export Markets for Chromium Oxides and Hydroxides from Sweden in 2022:
- Norway (undefined tons)
- Finland (9.0 tons)
- Denmark (1.3 tons)
- Poland (0.3 tons)
- Lithuania (0.1 tons)
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