Chromium Trioxide Price in Hungary - 2023
Contents:
- Chromium Trioxide Price in Hungary (CIF) - 2022
- Chromium Trioxide Price in Hungary (FOB) - 2022
- Chromium Trioxide Imports in Hungary
- Chromium Trioxide Exports in Hungary
Chromium Trioxide Price in Hungary (CIF) - 2022
The average chromium trioxide import price stood at $5,972 per ton in 2022, rising by 3.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2018 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($6,121 per ton), while the price for Slovakia ($4,315 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Chromium Trioxide Price in Hungary (FOB) - 2022
In 2022, the average chromium trioxide export price amounted to $10,231 per ton, surging by 14% against the previous year. Overall, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2015 an increase of 42%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($10,584 per ton), while the average price for exports to Russia stood at $10,213 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+9.7%).
Chromium Trioxide Imports in Hungary
In 2022, imports of chromium trioxides into Hungary soared to 72 tons, picking up by 70% compared with the previous year's figure. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 217%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, chromium trioxide imports soared to $432K in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 253% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Chromium Trioxide in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 56.4 | 262 | 232 | 340 | 82.0% |
| China | N/A | N/A | N/A | 89.1 | 0% |
| Others | 20.9 | 10.5 | 13.0 | 2.9 | -48.2% |
| Total | 77.3 | 272 | 245 | 432 | 77.5% |
Top Suppliers of Chromium Trioxide to Hungary in 2022:
- Germany (55.5 tons)
- China (16.2 tons)
Chromium Trioxide Exports in Hungary
In 2022, after two years of decline, there was significant decline in overseas shipments of chromium trioxides, when their volume decreased by -13.3% to 26 kg. In general, exports recorded a sharp decrease.
In value terms, chromium trioxide exports fell to $266 in 2022. Overall, exports showed a sharp slump.
| Export of Chromium Trioxide in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 0.3 | 0% |
| Slovakia | 25.9 | N/A | N/A | N/A | 0% |
| Romania | 5.0 | N/A | 0.3 | N/A | -75.5% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 31.1 | N/A | 0.3 | 0.3 | -78.7% |
Top Export Markets for Chromium Trioxide from Hungary in 2022:
- Russia (25.0 kg)
- Romania (1.0 kg)
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