Chromium Trioxide Price in the United Arab Emirates - 2021

Contents:

  1. Chromium Trioxide Price in the United Arab Emirates (CIF) - 2022
  2. Chromium Trioxide Price in the United Arab Emirates (FOB) - 2022
  3. Chromium Trioxide Imports in the United Arab Emirates
  4. Chromium Trioxide Exports in the United Arab Emirates

Chromium Trioxide Price in the United Arab Emirates (CIF) - 2022

The average chromium trioxide import price stood at $3,057 per ton in 2022, approximately mirroring the previous year. In general, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 6.5% against the previous year. The import price peaked at $4,330 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,231 per ton), while the price for Turkey ($2,439 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-1.2%), while the prices for the other major suppliers experienced a decline.

Chromium Trioxide Price in the United Arab Emirates (FOB) - 2022

In 2022, the average chromium trioxide export price amounted to $2,512 per ton, picking up by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. As a result, the export price attained the peak level of $3,386 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($6,952 per ton), while the average price for exports to Oman ($540 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 India (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Chromium Trioxide Imports in the United Arab Emirates

In 2022, the amount of chromium trioxides imported into the United Arab Emirates shrank remarkably to 59 tons, with a decrease of -33% against 2021 figures. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 193%. As a result, imports attained the peak of 87 tons, and then fell remarkably in the following year.

In value terms, chromium trioxide imports dropped rapidly to $179K in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 203%. As a result, imports reached the peak of $269K, and then fell remarkably in the following year.

Import of Chromium Trioxide in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa11.98.510258.770.2%
Turkey74.223.931.525.4-30.0%
India31.38.241.923.3-9.4%
China59.718.838.822.1-28.2%
Russia25.612.729.916.7-13.3%
United States7.83.05.83.3-24.9%
France11.22.12.60.8-58.5%
Others6.411.416.528.664.7%
Total22888.7269179-7.7%

Top Suppliers of Chromium Trioxide to the United Arab Emirates in 2022:

  1. South Africa (18.9 tons)
  2. Turkey (10.4 tons)
  3. India (8.8 tons)
  4. China (7.4 tons)
  5. Russia (6.3 tons)
  6. United States (0.8 tons)
  7. France (0.2 tons)

Chromium Trioxide Exports in the United Arab Emirates

In 2022, the amount of chromium trioxides exported from the United Arab Emirates fell modestly to 24 tons, remaining constant against the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 10%. As a result, the exports attained the peak of 24 tons, leveling off in the following year.

In value terms, chromium trioxide exports expanded slightly to $60K in 2022. Overall, exports recorded a abrupt contraction.

Export of Chromium Trioxide in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan20.236.928.731.015.3%
Iran37.017.516.718.1-21.2%
Oman5.12.83.03.7-10.1%
Saudi Arabia4.32.63.03.3-8.4%
Others4.92.76.24.1-5.8%
Total71.562.457.760.2-5.6%

Top Export Markets for Chromium Trioxide from the United Arab Emirates in 2022:

  1. Pakistan (11.5 tons)
  2. Oman (6.9 tons)
  3. Iran (4.8 tons)
  4. Saudi Arabia (0.5 tons)

Source: IndexBox Market Intelligence Platform

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