Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica - 2022

Contents:

1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica (CIF) - 2022
2. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica (FOB) - 2022
3. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica
4. Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica (CIF) - 2022

In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $4,298 per ton, shrinking by -34.6% against the previous year. In general, the import price showed a perceptible descent. The pace of growth was the most pronounced in 2019 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the maximum at $6,572 per ton in 2021, and then fell rapidly in the following year.

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 China ($19,333 per ton), while the price for Colombia stood at $4,297 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica (FOB) - 2022

In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $7,623 per ton, rising by 11% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for chromium oxides and hydroxides; excluding chromium trioxides increased by +62.6% against 2017 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 30%. As a result, the export price reached the peak level of $7,769 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($8,088 per ton), while the average price for exports to the Dominican Republic ($7,060 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 Panama (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica

In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides imported into Costa Rica fell sharply to 31 tons, waning by -54.5% against 2021. Over the period under review, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports reached the peak of 67 tons, and then fell significantly in the following year.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides reduced rapidly to $131K in 2022. Overall, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. As a result, imports reached the peak of $440K, and then contracted remarkably in the following year.

Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Costa Rica in 2022:

1. Colombia (30.5 tons)

Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Costa Rica

For the fourth consecutive year, Costa Rica recorded growth in shipments abroad of chromium oxides and hydroxides; excluding chromium trioxides, which increased by 36% to 8 tons in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides soared to $61K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Costa Rica in 2022:

1. El Salvador (5.0 tons)
2. Panama (2.0 tons)
3. Dominican Republic (1.0 tons)

Source: IndexBox Market Intelligence Platform