Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nigeria - 2022
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nigeria (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nigeria
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nigeria (CIF) - 2022
The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $4,121 per ton in 2022, picking up by 3.5% against the previous year. Over the period under review, the import price saw a modest increase. The growth pace was the most rapid in 2021 when the average import price increased by 55%. The import price peaked at $5,618 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,400 per ton), while the price for China stood at $4,119 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nigeria
In 2022, after two years of decline, there was significant growth in supplies from abroad of chromium oxides and hydroxides; excluding chromium trioxides, when their volume increased by 187% to 6 tons. In general, imports, however, showed a sharp slump.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides soared to $25K in 2022. Overall, imports, however, continue to indicate a sharp setback.
Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.6 | 3.0 | 0.8 | 24.5 | 74.6% |
Germany | 3.0 | 0.5 | N/A | 0.1 | -67.8% |
India | 8.7 | 3.2 | 0.4 | N/A | -78.6% |
South Africa | 24.8 | 15.9 | 4.3 | N/A | -58.4% |
Turkey | 14.6 | 9.1 | 2.4 | N/A | -59.5% |
Others | 1.9 | 1.3 | 0.4 | N/A | -54.1% |
Total | 57.4 | 32.9 | 8.3 | 24.6 | -24.6% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Nigeria in 2022:
- China (6.0 tons)
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Nigeria.
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Nigeria.
This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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