Chromium Trioxide Price in Romania - 2023
Contents:
- Chromium Trioxide Price in Romania (CIF) - 2023
- Chromium Trioxide Price in Romania (FOB) - 2022
- Chromium Trioxide Imports in Romania
- Chromium Trioxide Exports in Romania
Chromium Trioxide Price in Romania (CIF) - 2023
In July 2023, the average chromium trioxide import price amounted to $4,801 per ton, remaining relatively unchanged against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 16% m-o-m. The import price peaked at $4,854 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From July 2022 to July 2023, the rate of growth in terms of prices for South Africa amounted to +5.2% per month.
Chromium Trioxide Price in Romania (FOB) - 2022
The average chromium trioxide export price stood at $10,273 per ton in 2022, jumping by 17% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 318%. The export price peaked at $29,000 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bulgaria.
From 2013 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +4.4% per year.
Chromium Trioxide Imports in Romania
In 2022, chromium trioxide imports into Romania shrank slightly to 851 tons, reducing by -3.8% compared with the previous year's figure. In general, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 136%. As a result, imports reached the peak of 884 tons, and then fell slightly in the following year.
In value terms, chromium trioxide imports surged to $3.3M in 2022. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 119% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Chromium Trioxide in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 537 | 536 | 1,170 | 1,973 | 54.3% |
| Belgium | 594 | 265 | 523 | 629 | 1.9% |
| United States | 480 | 48.0 | 316 | 305 | -14.0% |
| South Africa | N/A | N/A | 54.1 | 290 | 436.0% |
| Germany | 76.1 | 35.5 | 70.8 | 93.6 | 7.1% |
| Russia | N/A | N/A | 273 | N/A | 0% |
| United Kingdom | 261 | 181 | N/A | N/A | -30.7% |
| Turkey | 96.8 | 95.3 | 202 | N/A | 44.5% |
| Others | 44.0 | 39.8 | 22.7 | 41.8 | -1.7% |
| Total | 2,088 | 1,201 | 2,632 | 3,332 | 16.9% |
Top Suppliers of Chromium Trioxide to Romania in 2022:
- United Kingdom (undefined tons)
- Italy (468.0 tons)
- Belgium (184.1 tons)
- South Africa (90.0 tons)
- United States (79.2 tons)
- Germany (21.5 tons)
Chromium Trioxide Exports in Romania
In 2022, shipments abroad of chromium trioxides decreased by -26.7% to 22 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 465%. As a result, the exports reached the peak of 441 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, chromium trioxide exports shrank dramatically to $226 in 2022. In general, exports saw a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 136%. As a result, the exports attained the peak of $2.9K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Chromium Trioxide in Romania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 1.0 | N/A | N/A | 226 | 509.1% |
| Germany | 1,209 | 644 | 1.0 | N/A | -97.1% |
| Moldova | N/A | 612 | 61.0 | N/A | -90.0% |
| Ukraine | N/A | 1,604 | 203 | N/A | -87.3% |
| Others | N/A | -1.0 | 1.0 | N/A | -200.0% |
| Total | 1,210 | 2,859 | 266 | 226 | -42.8% |
Top Export Markets for Chromium Trioxide from Romania in 2022:
- Bulgaria (22.0 kg)
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