Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark - 2023

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark (CIF) - 2022
  2. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark (FOB) - 2022
  3. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark
  4. Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark (CIF) - 2022

In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $191,832 per ton, surging by 35% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 609% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($748,333 per ton), while the price for the UK ($14,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+43.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark (FOB) - 2022

The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $69,667 per ton in 2022, increasing by 68% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 264%. As a result, the export price reached the peak level of $247,800 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Faroe Islands ($171,000 per ton), while the average price for exports to Norway stood at $49,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark

After two years of decline, overseas purchases of chromium and articles thereof; wrought other than waste and scrap increased by 151% to 113 kg in 2022. Overall, imports, however, faced a precipitous curtailment.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap surged to $22K in 2022. Over the period under review, imports, however, showed a dramatic slump.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A14.20%
SwedenN/AN/AN/A4.50%
LiechtensteinN/AN/AN/A2.60%
BelgiumN/AN/AN/A0.30%
Hungary0.5N/AN/AN/A0%
United Kingdom25.51.60.8N/A-82.3%
Netherlands28.331.6N/AN/A11.7%
Others0.21.25.6N/A429.2%
Total54.534.46.421.7-26.4%

Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Denmark in 2022:

  1. Germany (100.0 kg)
  2. Sweden (6.0 kg)
  3. Liechtenstein (4.0 kg)
  4. Belgium (2.0 kg)
  5. United Kingdom (1.0 kg)

Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark

In 2022, after three years of growth, there was significant decline in shipments abroad of chromium and articles thereof; wrought other than waste and scrap, when their volume decreased by -96.6% to 6 kg. In general, exports showed a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 255% against the previous year.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap contracted sharply to $418 in 2022. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 250% against the previous year.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Faroe IslandsN/AN/AN/A0.20%
Norway0.62.20.20.2-30.7%
SwitzerlandN/AN/A2.8N/A0%
United KingdomN/AN/A4.3N/A0%
Others0.10.1N/AN/A0.0%
Total0.72.47.30.4-17.0%

Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Denmark in 2022:

  1. Norway (5.0 kg)
  2. Faroe Islands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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