Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg (CIF) - 2022
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg (FOB) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg
- Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg (CIF) - 2022
In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $17,750 per ton, waning by -51.7% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 81%. As a result, import price reached the peak level of $49,747 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 France ($58,464 per ton), while the price for Hungary ($6,833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.6%), 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 Luxembourg (FOB) - 2022
The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $39,000 per ton in 2022, waning by -92.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2013 an increase of 197% against the previous year. The export price peaked at $543,083 per ton in 2021, and then reduced markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -5.0% per year.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg
In 2022, imports of chromium and articles thereof; wrought other than waste and scrap into Luxembourg skyrocketed to 7.7 tons, jumping by 81% against the previous year's figure. Overall, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap reduced to $137K in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. As a result, imports attained the peak of $156K, and then fell in the following year.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 100 | 105 | 106 | 89.2 | -3.7% |
| Hungary | N/A | N/A | N/A | 23.5 | 0% |
| Spain | N/A | N/A | N/A | 7.7 | 0% |
| Belgium | 6.2 | 9.8 | 6.4 | 6.5 | 1.6% |
| France | 2.1 | 2.3 | 42.9 | 5.7 | 39.5% |
| Others | 6.8 | 3.7 | 0.8 | 4.2 | -14.8% |
| Total | 116 | 120 | 156 | 137 | 5.7% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Luxembourg in 2022:
- Germany (3.8 tons)
- Hungary (3.4 tons)
- Belgium (0.2 tons)
- Spain (0.2 tons)
- France (0.1 tons)
Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg
After two years of decline, overseas shipments of chromium and articles thereof; wrought other than waste and scrap decreased by -91.7% to 1 kg in 2022. Over the period under review, exports continue to indicate a precipitous decrease.
In value terms, exports of chromium and articles thereof; wrought other than waste and scrap reduced sharply to $39 in 2022. In general, exports, however, showed significant growth.
| Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | 5.9 | N/A | 0% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 0.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | 6.5 | N/A | 0% |
Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Luxembourg in 2022:
- France (1.0 kg)
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