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

Contents:

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

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

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $17,838 per ton in 2022, reducing by -3.4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 222% against the previous year. As a result, import price attained the peak level of $27,404 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($64,533 per ton), while the price for Italy totaled $16,929 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.5%), 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 Serbia (FOB) - 2022

In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $9,470 per ton, with an increase of 35% against the previous year. In general, the export price, however, saw a noticeable curtailment. Over the period under review, the average export prices attained the peak figure at $71,000 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +32.5% per year.

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

In 2022, approx. 1 tons of chromium and articles thereof; wrought other than waste and scrap were imported into Serbia; growing by 121% against the previous year. In general, imports posted buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 1,760% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap skyrocketed to $18K in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,265%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A17.10%
Belgium0.30.5N/A1.049.4%
ChinaN/AN/A1.7N/A0%
GermanyN/A0.16.8N/A6700.0%
United States8.8N/AN/AN/A0%
Netherlands3.4N/AN/AN/A0%
Others0.10.1N/A0.344.2%
Total12.70.68.618.312.9%

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

  1. Italy (1009.0 kg)
  2. Belgium (15.0 kg)

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

In 2022, approx. 509 kg of chromium and articles thereof; wrought other than waste and scrap were exported from Serbia; increasing by 50,800% against 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of chromium and articles thereof; wrought other than waste and scrap surged to $4.8K in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina0.2N/AN/A4.8188.4%
United States4.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.8N/AN/A4.80.0%

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

  1. Bosnia and Herzegovina (509.0 kg)

Source: IndexBox Market Intelligence Platform

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