Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania - 2023

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania (CIF) - 2022
  2. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania (FOB) - 2022
  3. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania
  4. Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania

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

In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $5,846 per ton, approximately mirroring the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chromium oxides and hydroxides; excluding chromium trioxides increased by +65.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 56% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($6,604 per ton) and Italy ($6,579 per ton), while the price for Germany ($5,463 per ton) and Austria ($6,344 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania (FOB) - 2022

In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $447,483 per ton, growing by 4,830% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +5.2% per year.

Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania

In 2022, approx. 29 tons of chromium oxides and hydroxides; excluding chromium trioxides were imported into Romania; which is down by -21% on the year before. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 126%.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides contracted notably to $170K in 2022. Overall, imports saw a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by 139% against the previous year. As a result, imports reached the peak of $214K, and then fell markedly in the following year.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany41.675.318511741.2%
Spain7.26.917.139.075.6%
Italy1.0N/AN/A7.999.2%
Poland3.73.50.11.8-21.4%
United States47.7N/AN/AN/A0%
Netherlands22.02.2N/AN/A-90.0%
Turkey47.5N/AN/AN/A0%
Others6.01.711.64.3-10.5%
Total17789.7214170-1.3%

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

  1. Germany (21.4 tons)
  2. Spain (5.9 tons)
  3. Italy (1.2 tons)
  4. Poland (0.3 tons)

Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania

In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides exported from Romania rose rapidly to 29 kg, with an increase of 12% against the previous year. In general, exports, however, saw a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 550%.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides surged to $13K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A13.00%
Spain4.3N/AN/AN/A0%
UkraineN/AN/A0.2N/A0%
OthersN/AN/AN/AN/A0%
Total4.4N/A0.213.043.5%

Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Romania in 2022:

  1. United States (29.0 kg)

Source: IndexBox Market Intelligence Platform

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