Chromium Trioxide Price in Turkey - 2023
Contents:
Chromium Trioxide Price in Turkey (CIF) - 2023
In September 2023, the average chromium trioxide import price amounted to $4,962 per ton, surging by 23% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.8%. The pace of growth was the most pronounced in August 2023 an increase of 23% month-to-month. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,102 per ton), while the price for South Africa stood at $3,296 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.0%).
Chromium Trioxide Imports in Turkey
Chromium trioxide imports into Turkey surged to 964 tons in 2022, with an increase of 15% on 2021 figures. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, chromium trioxide imports surged to $3.5M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium Trioxide in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,314 | 1,373 | 1,533 | 1,510 | 4.7% |
| South Africa | 440 | 679 | 599 | 1,462 | 49.2% |
| Kazakhstan | 251 | 135 | 393 | 401 | 16.9% |
| Russia | N/A | N/A | N/A | 74.3 | 0% |
| Germany | 267 | 84.8 | 6.7 | 3.0 | -77.6% |
| Others | 87.0 | 7.3 | 49.1 | 0.9 | -78.2% |
| Total | 2,359 | 2,279 | 2,581 | 3,451 | 13.5% |
Top Suppliers of Chromium Trioxide to Turkey in 2022:
- South Africa (447.7 tons)
- United States (368.6 tons)
- Kazakhstan (127.0 tons)
- Russia (19.8 tons)
- Germany (0.3 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 Turkey.
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This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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