Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates (CIF) - 2022
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates
- Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $5,264 per ton, with an increase of 66% against the previous year. In general, the import price, however, saw a noticeable contraction. Over the period under review, average import prices attained the maximum at $7,882 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,485 per ton), while the price for Italy ($1,919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+25.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $7,598 per ton, increasing by 32% against the previous year. Over the period under review, the export price recorded a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($13,410 per ton), while the average price for exports to Bangladesh ($2,104 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 Djibouti (+197.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates
Imports of chromium oxides and hydroxides; excluding chromium trioxides into the United Arab Emirates skyrocketed to 289 tons in 2022, rising by 25% against the year before. In general, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides surged to $1.5M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.3 | 168 | 54.2 | 1,265 | 175.8% |
| Germany | 223 | 156 | 310 | 164 | -9.7% |
| Italy | 40.1 | 55.3 | 108 | 80.6 | 26.2% |
| India | 10.3 | 1.1 | 27.7 | 6.8 | -12.9% |
| Russia | 26.2 | 31.0 | 47.4 | N/A | 34.5% |
| South Africa | 7.4 | 11.7 | 18.8 | N/A | 59.4% |
| Others | 113 | 102 | 166 | 3.5 | -68.6% |
| Total | 480 | 525 | 733 | 1,519 | 46.8% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to the United Arab Emirates in 2022:
- China (224.0 tons)
- Italy (42.0 tons)
- Germany (19.3 tons)
- India (3.0 tons)
Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates
In 2022, approx. 14 tons of chromium oxides and hydroxides; excluding chromium trioxides were exported from the United Arab Emirates; waning by -41.4% against the previous year's figure. Over the period under review, exports showed a sharp setback. The smallest decline of -26.6% was in 2020.
In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides shrank markedly to $108K in 2022. Overall, exports showed a dramatic downturn.
| Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 187 | 34.2 | 65.0 | 53.0 | -34.3% |
| Bahrain | 4.0 | 3.2 | 13.2 | 13.5 | 50.0% |
| Indonesia | N/A | N/A | N/A | 13.0 | 0% |
| Oman | 15.7 | 2.2 | 7.0 | 8.0 | -20.1% |
| Saudi Arabia | 93.6 | 13.6 | 4.6 | 5.9 | -60.2% |
| Ethiopia | 3.9 | 1.3 | 2.2 | 5.5 | 12.1% |
| Bangladesh | N/A | 3.7 | 6.2 | 3.4 | -4.1% |
| Jordan | 8.5 | 0.3 | 0.4 | 2.1 | -37.3% |
| South Sudan | 54.9 | 104 | N/A | N/A | 89.4% |
| Iran | 114 | 17.2 | 10.2 | N/A | -70.1% |
| Others | 86.1 | 81.2 | 31.0 | 3.5 | -65.6% |
| Total | 568 | 261 | 140 | 108 | -42.5% |
Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from the United Arab Emirates in 2022:
- Kenya (7.4 tons)
- Bangladesh (1.6 tons)
- Indonesia (1.1 tons)
- Bahrain (1.0 tons)
- Ethiopia (1.0 tons)
- Saudi Arabia (0.6 tons)
- Oman (0.6 tons)
- Jordan (0.6 tons)
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in the United Arab Emirates.
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