Germany - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chromium Ore and Concentrate in Germany - 2023
Contents:
- Price for Chromium Ore and Concentrate in Germany (CIF) - 2023
- Price for Chromium Ore and Concentrate in Germany (FOB) - 2023
- Imports of Chromium Ore and Concentrate in Germany
- Exports of Chromium Ore and Concentrate in Germany
Price for Chromium Ore and Concentrate in Germany (CIF) - 2023
The average chromium ore and concentrate import price stood at $342 per ton in August 2023, reducing by -12% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 31% against the previous month. As a result, import price reached the peak level of $410 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($398 per ton), while the price for South Africa totaled $233 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%).
Price for Chromium Ore and Concentrate in Germany (FOB) - 2023
In August 2023, the average chromium ore and concentrate export price amounted to $509 per ton, shrinking by -8% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 27% m-o-m. The export price peaked at $605 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($582 per ton), while the average price for exports to the Netherlands ($100 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium Ore and Concentrate in Germany
Chromium ore and concentrate imports into Germany expanded notably to 137K tons in 2022, growing by 5.5% against the previous year. Over the period under review, imports, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 5.8%.
In value terms, chromium ore and concentrate imports surged to $41M in 2022. In general, imports, however, showed a deep setback.
Import of Chromium Ore and Concentrate in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 39.8 | 20.0 | 19.3 | 29.1 | -9.9% |
Turkey | 6.2 | 5.3 | 8.8 | 10.5 | 19.2% |
Netherlands | 1.4 | 1.8 | 1.7 | 1.2 | -5.0% |
Others | 1.6 | 0.3 | 0.3 | 0.5 | -32.1% |
Total | 49.0 | 27.4 | 30.1 | 41.4 | -5.5% |
Top Suppliers of Chromium Ore and Concentrate to Germany in 2022:
- South Africa (99.6K tons)
- Turkey (33.8K tons)
- Netherlands (2.5K tons)
Exports of Chromium Ore and Concentrate in Germany
In 2022, approx. 43K tons of chromium ores and concentrates were exported from Germany; rising by 41% on the previous year. In general, exports, however, continue to indicate a abrupt setback.
In value terms, chromium ore and concentrate exports soared to $20M in 2022. Overall, exports, however, recorded a deep downturn.
Export of Chromium Ore and Concentrate in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 16.9 | 4.7 | 4.5 | 13.1 | -8.1% |
Poland | 2.4 | 1.8 | 1.9 | 2.1 | -4.4% |
Belgium | 2.0 | 0.7 | 0.8 | 1.0 | -20.6% |
Czech Republic | 1.9 | 0.9 | 0.8 | 0.9 | -22.0% |
France | 1.7 | 1.0 | 0.5 | 0.8 | -22.2% |
Austria | 1.5 | 0.6 | 1.8 | 0.7 | -22.4% |
Slovakia | 1.8 | 0.7 | 0.6 | 0.5 | -34.8% |
Others | 1.8 | 1.7 | 1.2 | 1.2 | -12.6% |
Total | 29.9 | 11.9 | 12.1 | 20.3 | -12.1% |
Top Export Markets for Chromium Ore and Concentrate from Germany in 2022:
- Russia (25.6K tons)
- Poland (4.8K tons)
- Czech Republic (2.4K tons)
- Belgium (2.4K tons)
- Austria (1.9K tons)
- France (1.6K tons)
- Slovakia (1.4K tons)
This report provides an in-depth analysis of the market for chromium ore and concentrate in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In July 2022, the office supply price per ton amounted to $7.1K (CIF, Germany), jumping by 18% against the previous month.
In September 2022, the measuring instrument price amounted to $69.3 per unit (FOB, Germany), growing by 2.3% against the previous month.
During the period from July 2023 to September 2023, the export of Acrylonitrile experienced a notable decline. The value of Acrylonitrile exports plummeted to $18M in September 2023.
In May 2023, the Radar Apparatus price was $2,216 per unit (FOB, Germany), showing a decrease of 5.3% compared to the previous month.
From December 2022 to August 2023, the export growth experienced a slight decrease. In terms of value, exports of Radar Apparatus significantly expanded to $225M by August 2023.
In 2022, chromium prices are forecast to surge onrising energy costs, while global metal production has not fully recovered from the Covid-crisis.
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