Chromium Trioxide Price in Lithuania - 2023

Contents:

  1. Chromium Trioxide Price in Lithuania (CIF) - 2022
  2. Chromium Trioxide Price in Lithuania (FOB) - 2022
  3. Chromium Trioxide Imports in Lithuania
  4. Chromium Trioxide Exports in Lithuania

Chromium Trioxide Price in Lithuania (CIF) - 2022

In 2022, the average chromium trioxide import price amounted to $8,000 per ton, picking up by 56% against the previous year. Overall, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Slovenia amounted to +4.2% per year.

Chromium Trioxide Price in Lithuania (FOB) - 2022

The average chromium trioxide export price stood at $287,268 per ton in 2022, surging by 522% against the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 1,423%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($1,118,000 per ton), while the average price for exports to Russia amounted to $266,500 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+92.0%).

Chromium Trioxide Imports in Lithuania

In 2022, supplies from abroad of chromium trioxides decreased by -79.8% to 562 kg, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous slump. The pace of growth appeared the most rapid in 2020 when imports increased by 160% against the previous year. As a result, imports attained the peak of 3.4 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chromium trioxide imports shrank significantly to $4.5K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 205%.

Import of Chromium Trioxide in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.513.813.02.9-13.6%
Others0.10.11.31.6152.0%
Total4.614.014.34.5-0.7%

Top Suppliers of Chromium Trioxide to Lithuania in 2022:

  1. Poland (551.0 kg)

Chromium Trioxide Exports in Lithuania

In 2022, overseas shipments of chromium trioxides decreased by -82.3% to 41 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 2,800%. As a result, the exports reached the peak of 232 kg, and then dropped sharply in the following year.

In value terms, chromium trioxide exports expanded significantly to $12K in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 12,080%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Chromium Trioxide in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A1.29.210.7198.6%
IsraelN/AN/AN/A1.10%
KazakhstanN/AN/A1.6N/A0%
OthersN/AN/AN/AN/A0%
TotalN/A1.210.711.8213.6%

Top Export Markets for Chromium Trioxide from Lithuania in 2022:

  1. Russia (40.0 kg)
  2. Israel (1.0 kg)

Source: IndexBox Market Intelligence Platform

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