Price for Chromium; Waste and Scrap in the United States - 2023
Contents:
- Price for Chromium; Waste and Scrap in the United States (CIF) - 2023
- Price for Chromium; Waste and Scrap in the United States (FOB) - 2022
- Imports of Chromium; Waste and Scrap in the United States
- Exports of Chromium; Waste and Scrap in the United States
Price for Chromium; Waste and Scrap in the United States (CIF) - 2023
In September 2023, the average chromium; waste and scrap import price amounted to $6,162 per ton, reducing by -29.3% against the previous month. Over the period under review, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in May 2023 an increase of 42% month-to-month. As a result, import price reached the peak level of $12,297 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($8,708 per ton), while the price for Taiwan (Chinese) amounted to $3,993 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chromium; Waste and Scrap in the United States (FOB) - 2022
In 2022, the average chromium; waste and scrap export price amounted to $17,442 per ton, jumping by 77% against the previous year. In general, the export price, however, continues to indicate a mild slump. The export price peaked at $20,112 per ton in 2012; however, from 2013 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 the UK ($23,149 per ton), while the average price for exports to Canada ($6,368 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 Brazil (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chromium; Waste and Scrap in the United States
In 2022, the amount of chromium; waste and scraps imported into the United States contracted to 99 tons, declining by -12% against 2021. In general, imports faced a significant decrease.
In value terms, chromium; waste and scrap imports fell to $617K in 2022. Over the period under review, imports saw a sharp setback.
| Import of Chromium; Waste and Scrap in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 950 | 718 | 480 | 420 | -23.8% |
| China | 157 | N/A | N/A | 139 | -4.0% |
| South Africa | N/A | N/A | N/A | 22.7 | 0% |
| Canada | 131 | 67.1 | 122 | 18.1 | -48.3% |
| Japan | 298 | 119 | 35.2 | 16.3 | -62.0% |
| France | N/A | 34.0 | N/A | N/A | 0% |
| Taiwan (Chinese) | 313 | 13.8 | 14.6 | N/A | -78.4% |
| Others | 84.0 | N/A | 20.8 | 1.3 | -75.1% |
| Total | 1,934 | 953 | 673 | 617 | -31.7% |
Top Suppliers of Chromium; Waste and Scrap to the United States in 2022:
- United Kingdom (69.2 tons)
- South Africa (14.4 tons)
- China (8.1 tons)
- Canada (4.6 tons)
- Japan (2.5 tons)
Exports of Chromium; Waste and Scrap in the United States
In 2022, overseas shipments of chromium; waste and scraps increased by 153% to 27 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a pronounced decline.
In value terms, chromium; waste and scrap exports soared to $466K in 2022. In general, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chromium; Waste and Scrap in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 223 | 0% |
| United Kingdom | 9.5 | 209 | 19.8 | 212 | 181.5% |
| Canada | 15.6 | 22.5 | 51.5 | 30.2 | 24.6% |
| Russia | N/A | N/A | 32.7 | N/A | 0% |
| China | 213 | N/A | N/A | N/A | 0% |
| Netherlands | 91.2 | N/A | N/A | N/A | 0% |
| Others | 3.3 | 25.8 | N/A | N/A | 681.8% |
| Total | 332 | 258 | 104 | 466 | 12.0% |
Top Export Markets for Chromium; Waste and Scrap from the United States in 2022:
- Taiwan (Chinese) (12.8 tons)
- United Kingdom (9.2 tons)
- Canada (4.7 tons)
704
This report provides an in-depth analysis of the beryllium market in the U.S..
554
This report provides an in-depth analysis of the chromium market in the U.S..
249
This report provides an in-depth analysis of the market for inorganic oxygen compounds of non-metals in the U.S..
559
This report provides an in-depth analysis of the silicon dioxide market in the U.S..
1000
This report provides an in-depth analysis of the carbon dioxide market in the U.S..
485
This report provides an in-depth analysis of the lubricating oil additive market in the U.S..
1126
This report provides an in-depth analysis of the global beryllium market.
1971
This report provides an in-depth analysis of the global chromium market.
365
This report provides an in-depth analysis of the global market for inorganic oxygen compounds of non-metals.
1489
This report provides an in-depth analysis of the global silicon dioxide market.
91
The exports of Beryllium peaked in 2023 and are projected to continue growing in the near future. In terms of value, Beryllium exports surged to $1.7M in 2023.
4060
The silicon dioxide price per ton stood at $2,699 (CIF, US) in May 2022, reducing by -9.1% against the previous month.
8365
In June 2022, the carbon dioxide price per tonstood at $373 per ton, picking up by 39% against the previous month.
269
In value terms, lubricating oil additive exports rose modestly to $283M in May 2023.
677
Global chromium exports totaled $447M in 2018. After bottoming out from 2015-2016, it increased robustly over the last two years.
122
Explore the top import markets for lubricating oil additives, including China, Belgium, Germany, and more. Get key statistics and market insights from the IndexBox platform.
91
The exports of Beryllium peaked in 2023 and are projected to continue growing in the near future. In terms of value, Beryllium exports surged to $1.7M in 2023.
677
Global chromium exports totaled $447M in 2018. After bottoming out from 2015-2016, it increased robustly over the last two years.
