Price for Chromium Oxides and Hydroxides in Croatia - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Croatia (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Croatia (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Croatia
- Exports of Chromium Oxides and Hydroxides in Croatia
Price for Chromium Oxides and Hydroxides in Croatia (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $4,921 per ton in 2022, reducing by -21.2% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 26%. Over the period under review, average import prices hit record highs at $9,080 per ton in 2012; however, from 2013 to 2022, 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 Germany ($12,384 per ton), while the price for Italy ($4,644 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Chromium Oxides and Hydroxides in Croatia (FOB) - 2022
In 2021, the average chromium oxides and hydroxides export price amounted to $14,433 per ton, increasing by 161% against the previous year. Overall, the export price posted a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for North Macedonia.
From 2012 to 2021, the rate of growth in terms of prices for Serbia amounted to +9.5% per year.
Imports of Chromium Oxides and Hydroxides in Croatia
For the fourth year in a row, Croatia recorded growth in purchases abroad of chromium oxides and hydroxideses, which increased by 687% to 167 tons in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chromium oxides and hydroxides imports surged to $822K in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.8 | 8.9 | 59.7 | 742 | 436.7% |
| Germany | 2.0 | 18.1 | 46.3 | 65.0 | 219.1% |
| Slovenia | 9.3 | 27.3 | 23.7 | 6.1 | -13.1% |
| Others | 3.8 | 1.4 | 2.9 | 9.0 | 33.3% |
| Total | 19.9 | 55.6 | 133 | 822 | 245.7% |
Top Suppliers of Chromium Oxides and Hydroxides to Croatia in 2022:
- Italy (159.8 tons)
- Germany (5.3 tons)
- Slovenia (0.8 tons)
Exports of Chromium Oxides and Hydroxides in Croatia
In 2021, chromium oxides and hydroxides exports from Croatia declined significantly to 30 kg, which is down by -97.9% against the previous year. Overall, exports saw a dramatic shrinkage. The smallest decline of -5% was in 2020.
In value terms, chromium oxides and hydroxides exports declined remarkably to $433 in 2021. In general, exports recorded a dramatic decrease. The smallest decline of -42.4% was in 2020.
| Export of Chromium Oxides and Hydroxides in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| North Macedonia | N/A | N/A | 0.4 | 0% | |
| Bosnia and Herzegovina | 2.0 | 6.8 | N/A | 240.0% | |
| Serbia | 11.7 | 1.1 | N/A | -90.6% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 13.7 | 7.9 | 0.4 | -82.9% | |
Top Export Markets for Chromium Oxides and Hydroxides from Croatia in 2022:
- North Macedonia (30.0 kg)
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