Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil - 2024

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil (CIF) - 2022
  2. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil (FOB) - 2022
  3. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil
  4. Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil (CIF) - 2022

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $26,386 per ton in 2022, shrinking by -37.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 118%. As a result, import price attained the peak level of $56,352 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 ($268,933 per ton), while the price for China ($11,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil (FOB) - 2022

The average export price for chromium and articles thereof; wrought other than waste and scrap stood at $114,580 per ton in 2022, growing by 57% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 413% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +1,669.9% per year.

Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil

In 2022, imports of chromium and articles thereof; wrought other than waste and scrap into Brazil surged to 129 tons, increasing by 152% against the previous year. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap skyrocketed to $3.4M in 2022. In general, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5471403241,14728.0%
United Kingdom9.81866261,131386.9%
United States858628625565-13.0%
Others5626065835660.2%
Total1,9771,5602,1583,40819.9%

Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Brazil in 2022:

  1. China (100.9 tons)
  2. United Kingdom (17.9 tons)
  3. United States (7.8 tons)

Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil

In 2022, overseas shipments of chromium and articles thereof; wrought other than waste and scrap decreased by -99.3% to 50 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 990%.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap fell dramatically to $5.7K in 2022. Over the period under review, exports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 1,020% against the previous year. As a result, the exports reached the peak of $515K, and then declined dramatically in the following year.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)17.120.617.85.7-30.7%
United States5.9N/A21.6N/A91.3%
SingaporeN/AN/A357N/A0%
AustraliaN/A24.6118N/A379.7%
OthersN/A0.8N/AN/A0%
Total23.146.05155.7-37.3%

Top Export Markets for Chromium and Articles Thereof; Wrought Other than Waste and Scrap from Brazil in 2022:

  1. Taiwan (Chinese) (50.0 kg)

Source: IndexBox Market Intelligence Platform

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