Price for Chromium Oxides and Hydroxides in Venezuela - 2022

Contents:

  1. Price for Chromium Oxides and Hydroxides in Venezuela (CIF) - 2022
  2. Imports of Chromium Oxides and Hydroxides in Venezuela

Price for Chromium Oxides and Hydroxides in Venezuela (CIF) - 2022

In 2022, the average chromium oxides and hydroxides import price amounted to $5,081 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, showed a perceptible slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $7,473 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($175,458 per ton), while the price for South Africa ($574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+59.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Chromium Oxides and Hydroxides in Venezuela

After three years of growth, overseas purchases of chromium oxides and hydroxideses decreased by -30% to 2.4 tons in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 136% against the previous year.

In value terms, chromium oxides and hydroxides imports dropped markedly to $12K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 126%.

Import of Chromium Oxides and Hydroxides in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.51.42.21.647.4%
Netherlands0.71.62.11.322.9%
Panama0.51.21.71.233.9%
China0.10.20.61.1122.4%
South Africa0.71.41.81.012.6%
Others2.45.38.95.935.0%
Total4.911.117.412.235.5%

Top Suppliers of Chromium Oxides and Hydroxides to Venezuela in 2022:

  1. South Africa (1821.0 kg)
  2. Netherlands (334.0 kg)
  3. Panama (82.0 kg)
  4. Mexico (53.0 kg)
  5. China (50.0 kg)

Source: IndexBox Market Intelligence Platform

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