Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala - 2023

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala (CIF) - 2022
  2. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala (FOB) - 2022
  3. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala
  4. Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala (CIF) - 2022

In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $5,675 per ton, growing by 30% against the previous year. Over the period under review, the import price recorded a moderate expansion. The pace of growth appeared the most rapid in 2015 an increase of 97%. As a result, import price attained the peak level of $12,784 per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 the United States ($17,725 per ton), while the price for Colombia ($4,311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala (FOB) - 2022

In 2022, the average export price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $5,469 per ton, falling by -5.1% against the previous year. Overall, the export price, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the maximum at $5,762 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($6,370 per ton), while the average price for exports to the Dominican Republic ($2,639 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 El Salvador (+5.0%), while the prices for the other major destinations experienced a decline.

Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala

After three years of growth, supplies from abroad of chromium oxides and hydroxides; excluding chromium trioxides decreased by -64.7% to 29 tons in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 998%. As a result, imports reached the peak of 84 tons, and then shrank rapidly in the following year.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides dropped rapidly to $167K in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,433%. As a result, imports reached the peak of $364K, and then dropped rapidly in the following year.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A6.3262142374.8%
Colombia3.516.416.215.463.9%
United States1.90.91.410.073.9%
Belgium6.6N/A33.2N/A124.3%
Costa RicaN/AN/A6.3N/A0%
BrazilN/AN/A42.9N/A0%
Others1.30.11.6N/A10.9%
Total13.323.7364167132.4%

Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Guatemala in 2022:

  1. Germany (25.3 tons)
  2. Colombia (3.6 tons)
  3. United States (0.6 tons)

Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala

Exports of chromium oxides and hydroxides; excluding chromium trioxides from Guatemala fell rapidly to 18 tons in 2022, dropping by -40.3% against 2021 figures. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 29 tons, and then declined markedly in the following year.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides fell rapidly to $96K in 2022. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $169K, and then shrank notably in the following year.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador13592.516957.4-24.8%
Costa RicaN/AN/AN/A31.80%
Dominican RepublicN/AN/AN/A6.60%
OthersN/A19.70.2N/A-99.0%
Total13511216995.8-10.8%

Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Guatemala in 2022:

  1. El Salvador (10.0 tons)
  2. Costa Rica (5.0 tons)
  3. Dominican Republic (2.5 tons)

Source: IndexBox Market Intelligence Platform

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