Price for Chromium Oxides and Hydroxides in Denmark - 2023
Contents:
- Price for Chromium Oxides and Hydroxides in Denmark (CIF) - 2023
- Price for Chromium Oxides and Hydroxides in Denmark (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Denmark
- Exports of Chromium Oxides and Hydroxides in Denmark
Price for Chromium Oxides and Hydroxides in Denmark (CIF) - 2023
The average chromium oxides and hydroxides import price stood at $4,461 per ton in July 2023, falling by -4.1% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 133% m-o-m. As a result, import price reached the peak level of $9,306 per ton. From April 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($11,617 per ton), while the price for Germany stood at $4,176 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium Oxides and Hydroxides in Denmark (FOB) - 2022
The average chromium oxides and hydroxides export price stood at $4,676 per ton in 2022, dropping by -12.5% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. The export price peaked at $10,063 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($15,970 per ton), while the average price for exports to Romania ($1,856 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 Estonia (+134.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium Oxides and Hydroxides in Denmark
For the fourth consecutive year, Denmark recorded growth in supplies from abroad of chromium oxides and hydroxideses, which increased by 18% to 193 tons in 2022. The total import volume increased at an average annual rate of +13.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chromium oxides and hydroxides imports surged to $925K in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 400 | 83.8 | 390 | 617 | 15.5% |
| Poland | N/A | 269 | 111 | 149 | -25.6% |
| Spain | 18.9 | 128 | 99.5 | 68.8 | 53.8% |
| China | N/A | N/A | N/A | 58.5 | 0% |
| Sweden | 4.7 | 3.5 | 5.2 | 30.2 | 85.9% |
| Others | 43.2 | 27.3 | 9.1 | 1.7 | -66.0% |
| Total | 466 | 512 | 615 | 925 | 25.7% |
Top Suppliers of Chromium Oxides and Hydroxides to Denmark in 2022:
- Germany (130.1 tons)
- Poland (41.4 tons)
- China (10.0 tons)
- Spain (8.0 tons)
- Sweden (3.4 tons)
Exports of Chromium Oxides and Hydroxides in Denmark
In 2022, exports of chromium oxides and hydroxideses from Denmark contracted slightly to 18 tons, remaining stable against the previous year. Over the period under review, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 61% against the previous year.
In value terms, chromium oxides and hydroxides exports contracted to $85K in 2022. In general, exports recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of 130%. As a result, the exports reached the peak of $98K, and then shrank in the following year.
| Export of Chromium Oxides and Hydroxides in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 22.2 | 11.8 | 20.1 | 34.3 | 15.6% |
| Romania | 44.8 | 14.7 | 19.2 | 20.4 | -23.1% |
| Turkey | N/A | N/A | N/A | 14.4 | 0% |
| Germany | 11.5 | 0.3 | 16.9 | 10.5 | -3.0% |
| Estonia | N/A | 0.3 | 5.5 | 4.8 | 300.0% |
| Norway | 16.9 | 14.6 | 9.0 | 0.4 | -71.3% |
| Belgium | N/A | N/A | 24.5 | N/A | 0% |
| Others | 0.2 | 0.9 | 2.9 | 0.2 | 0.0% |
| Total | 95.5 | 42.6 | 98.0 | 85.1 | -3.8% |
Top Export Markets for Chromium Oxides and Hydroxides from Denmark in 2022:
- Norway (undefined tons)
- Romania (11.0 tons)
- Turkey (3.1 tons)
- Sweden (2.8 tons)
- Germany (1.0 tons)
- Estonia (0.3 tons)
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Denmark.
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This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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