Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Algeria - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Algeria (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Algeria
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Algeria (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $4,594 per ton, shrinking by -10.5% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 31% against the previous year. The import price peaked at $9,000 per ton in 2013; however, from 2014 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 France ($7,729 per ton), while the price for China ($2,991 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.2%), while the prices for the other major suppliers experienced a decline.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Algeria
In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides imported into Algeria reduced remarkably to 7.1 tons, declining by -24.4% against the year before. Overall, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 116% against the previous year. As a result, imports reached the peak of 9.3 tons, and then dropped significantly in the following year.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides declined remarkably to $32K in 2022. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 183%. As a result, imports attained the peak of $48K, and then reduced rapidly in the following year.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 14.4 | 5.7 | 14.8 | 14.2 | -0.5% |
| China | 8.2 | 4.0 | 21.4 | 11.8 | 12.9% |
| Germany | 12.7 | 3.6 | 6.5 | 3.1 | -37.5% |
| Spain | 2.7 | 2.4 | 2.8 | 1.7 | -14.3% |
| Italy | 2.7 | 1.0 | 2.2 | 1.6 | -16.0% |
| Others | 1.3 | 0.2 | 0.3 | 0.1 | -57.5% |
| Total | 42.0 | 17.0 | 48.0 | 32.5 | -8.2% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Algeria in 2022:
- China (4.0 tons)
- France (1.8 tons)
- Germany (0.5 tons)
- Italy (0.4 tons)
- Spain (0.3 tons)
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