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

Contents:

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

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

In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $17,355 per ton, surging by 7.2% against the previous year. In general, the import price, however, showed a noticeable slump. The growth pace was the most rapid in 2014 an increase of 18%. The import price peaked at $28,800 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($65,489 per ton), while the price for Belgium ($11,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for chromium and articles thereof; wrought other than waste and scrap amounted to $64,102 per ton, shrinking by -17.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 35%. The export price peaked at $100,753 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($164,458 per ton), while the average price for exports to Malaysia ($20,506 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 Germany (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, France recorded growth in supplies from abroad of chromium and articles thereof; wrought other than waste and scrap, which increased by 19% to 321 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 56% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap soared to $5.6M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. As a result, imports attained 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 France in 2022:

1. Belgium (286.7 tons)
2. China (19.3 tons)
3. Germany (11.2 tons)
4. United States (2.7 tons)

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

Exports of chromium and articles thereof; wrought other than waste and scrap from France surged to 36 tons in 2022, with an increase of 68% on the previous year's figure. In general, exports posted a buoyant increase. As a result, the exports attained 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 skyrocketed to $2.3M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Portugal (5.4 tons)
2. Japan (4.4 tons)
3. China (3.9 tons)
4. Brazil (3.8 tons)
5. Singapore (3.6 tons)
6. Italy (3.2 tons)
7. United States (2.1 tons)
8. Malaysia (1.4 tons)
9. Hong Kong SAR (1.1 tons)
10. Spain (1.1 tons)
11. Germany (0.9 tons)
12. Turkey (0.8 tons)
13. Mexico (0.8 tons)

Source: IndexBox Market Intelligence Platform