Price for Chromium Oxides and Hydroxides in Austria - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Austria (CIF) - 2023
- Price for Chromium Oxides and Hydroxides in Austria (FOB) - 2023
- Imports of Chromium Oxides and Hydroxides in Austria
- Exports of Chromium Oxides and Hydroxides in Austria
Price for Chromium Oxides and Hydroxides in Austria (CIF) - 2023
The average chromium oxides and hydroxides import price stood at $5,901 per ton in August 2023, growing by 13% against the previous month. In general, the import price, however, saw a deep slump. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 28% m-o-m. The import price peaked at $21,145 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($9,568 per ton), while the price for India stood at $4,910 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Japan (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Chromium Oxides and Hydroxides in Austria (FOB) - 2023
In August 2023, the average chromium oxides and hydroxides export price amounted to $14,665 per ton, increasing by 176% against the previous month. Over the period under review, the export price recorded a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($17,195 per ton), while the average price for exports to Slovenia ($6,157 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 Poland (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides in Austria
Chromium oxides and hydroxides imports into Austria declined markedly to 665 tons in 2022, shrinking by -50.9% on 2021. Over the period under review, imports faced a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of 1.4K tons, and then declined significantly in the following year.
In value terms, chromium oxides and hydroxides imports contracted significantly to $4.3M in 2022. Overall, imports saw a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. As a result, imports reached the peak of $6.3M, and then contracted sharply in the following year.
| Import of Chromium Oxides and Hydroxides in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,650 | 2,124 | 2,440 | 2,077 | -7.8% |
| India | 406 | 274 | 1,034 | 1,370 | 50.0% |
| France | 371 | 72.6 | 25.7 | 337 | -3.2% |
| Japan | 240 | 151 | 352 | 187 | -8.0% |
| Spain | 394 | 654 | 236 | 150 | -27.5% |
| Russia | N/A | N/A | 1,118 | 96.7 | -91.4% |
| Italy | 142 | N/A | 6.8 | N/A | -78.1% |
| Others | 201 | 432 | 1,081 | 40.3 | -41.5% |
| Total | 4,405 | 3,708 | 6,293 | 4,258 | -1.1% |
Top Suppliers of Chromium Oxides and Hydroxides to Austria in 2022:
- Germany (299.6 tons)
- India (280.0 tons)
- Spain (25.1 tons)
- Japan (20.0 tons)
- Russia (20.0 tons)
- France (13.2 tons)
Exports of Chromium Oxides and Hydroxides in Austria
Chromium oxides and hydroxides exports from Austria dropped remarkably to 8.2 tons in 2022, reducing by -84.1% against 2021. In general, exports saw a dramatic slump. The smallest decline of -1.2% was in 2020.
In value terms, chromium oxides and hydroxides exports fell dramatically to $57K in 2022. Over the period under review, exports recorded a sharp decrease. The smallest decline of -1.7% was in 2020.
| Export of Chromium Oxides and Hydroxides in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 31.5 | 17.1 | 18.0 | 33.4 | 2.0% |
| Poland | N/A | 2.6 | 2.4 | 6.7 | 60.5% |
| Italy | 0.2 | 3.7 | 5.6 | 4.1 | 173.7% |
| Hungary | 1.5 | 5.3 | 8.1 | 4.0 | 38.7% |
| Czech Republic | 2.5 | 4.9 | 5.4 | 3.6 | 12.9% |
| China | 45.3 | 30.7 | 43.1 | 2.2 | -63.5% |
| United Arab Emirates | N/A | N/A | N/A | 1.1 | 0% |
| Germany | 405 | 414 | 151 | N/A | -38.9% |
| Others | 12.9 | 12.1 | 12.4 | 1.5 | -51.2% |
| Total | 499 | 490 | 246 | 56.6 | -51.6% |
Top Export Markets for Chromium Oxides and Hydroxides from Austria in 2022:
- Slovenia (5.4 tons)
- Poland (1.0 tons)
- Italy (0.5 tons)
- Hungary (0.5 tons)
- Czech Republic (0.4 tons)
- China (0.2 tons)
- United Arab Emirates (0.1 tons)
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