Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Finland - 2023

Contents:

1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Finland (CIF) - 2023
2. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Finland (FOB) - 2022
3. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Finland
4. Exports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Finland

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Finland (CIF) - 2023

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $53,781 per ton in October 2023, reducing by -6.9% against the previous month. In general, the import price, however, recorded a modest increase. The pace of growth was the most pronounced in June 2023 an increase of 21% against the previous month. The import price peaked at $58,624 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +10.4% per month.

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

In 2021, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $75,333 per ton, picking up by 348% against the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 3,263% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +11.4% per year.

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

Imports of chromium and articles thereof; wrought other than waste and scrap into Finland skyrocketed to 67 tons in 2022, with an increase of 96% against the year before. In general, imports, however, showed a noticeable descent.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap soared to $3.5M in 2022. Overall, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (49.8 tons)
2. Spain (17.0 tons)

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

After two years of growth, shipments abroad of chromium and articles thereof; wrought other than waste and scrap decreased by -87.1% to 9 kg in 2021. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 3,400%. As a result, the exports reached the peak of 70 kg, and then declined markedly in the following year.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap shrank dramatically to $678 in 2021. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 117,600%. As a result, the exports attained the peak of $1.2K, and then shrank remarkably in the following year.

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

1. Uruguay (9.0 kg)

Source: IndexBox Market Intelligence Platform