Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Norway - 2024

Contents:

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

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

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $6,623 per ton in 2022, dropping by -19.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 75% against the previous year. The import price peaked at $15,257 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($10,871 per ton), while the price for the Netherlands ($4,253 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $66,273 per ton in 2022, picking up by 243% against the previous year. Overall, the export price showed a prominent increase. The export price peaked at $172,500 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($130,000 per ton), while the average price for exports to Denmark ($8,475 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+18.7%), 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 Norway

In 2022, approx. 4.5 tons of chromium and articles thereof; wrought other than waste and scrap were imported into Norway; waning by -43.8% on the year before. In general, imports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of 105% against the previous year.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap shrank sharply to $30K in 2022. Over the period under review, imports faced a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 99% against the previous year.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30.27.86.315.9-19.3%
Germany7.53.27.65.5-9.8%
Netherlands2.61.75.21.8-11.5%
Turkey0.30.10.11.049.4%
Spain13.15.211.6N/A-5.9%
Belgium1.80.71.5N/A-8.7%
Taiwan (Chinese)13.85.612.7N/A-4.1%
Others10.19.121.25.8-16.9%
Total79.633.466.430.0-27.8%

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

  1. China (2957.0 kg)
  2. Germany (947.0 kg)
  3. Netherlands (419.0 kg)
  4. Turkey (93.0 kg)

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

In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap exported from Norway skyrocketed to 88 kg, increasing by 2,833% compared with the previous year. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap surged to $5.8K in 2022. In general, exports, however, faced a sharp reduction.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Norway (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Sweden1.6N/A3.343.6%
United Kingdom3.0N/A2.2-14.4%
Denmark0.6N/A0.3-29.3%
Others4.2N/AN/A0%
Total9.30.15.8-21.0%

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

  1. Denmark (40.0 kg)
  2. Sweden (31.0 kg)
  3. United Kingdom (17.0 kg)

Source: IndexBox Market Intelligence Platform

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