World - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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Chromium ore and concentrate market: get the latest datasets enhanced by an Ai-driven business intelligence tool. Statistics contain companies, exports, consumption, market prices, market size, trade, imports, and production. There is a split by region, including the U.K., China, Latin America, Russia, the Middle East, the U.S., Africa, and EU. Market trends and forecast to 2030 are also featured in the dashboards.
Chromium Ore and Concentrate - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Kazakhstan |
| 3 | India |
| 4 | South Africa |
| 5 | Turkey |
In value terms, China, Kazakhstan and India appeared to be the countries with the highest levels of market value in 2021, together comprising 59% of the global market. South Africa, Turkey, Mozambique and Finland lagged somewhat behind, together comprising a further 29%.
In terms of the main consuming countries, South Africa saw the highest growth rate of market size, over the period under review, while chromium ore and concentrate market for the other global leaders experienced mixed trends in the market figures.
Chromium Ore and Concentrate Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Oman | 109 | 100 | 96 | -6.2% |
| Albania | 143 | 127 | 122 | -7.6% |
| South Africa | 170 | 145 | 140 | -9.3% |
| Zimbabwe | 84 | 187 | 147 | 32.3% |
| Philippines | 175 | 171 | 156 | -5.6% |
| Kazakhstan | 154 | 174 | 160 | 1.9% |
| Turkey | 218 | 188 | 182 | -8.6% |
| Pakistan | 209 | 191 | 214 | 1.2% |
| Average | 173 | 152 | 150 | -6.9% |
Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($214 per ton), while Oman ($96 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Zimbabwe, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Russia | 170 | 206 | 250 | 21.3% |
| Turkey | 219 | 182 | 173 | -11.1% |
| China | 166 | 143 | 136 | -9.5% |
| Mozambique | 105 | 101 | 96 | -4.4% |
| Average | 159 | 140 | 135 | -7.6% |
Prices varied noticeably by the country of destination; the country with the highest price was Russia ($250 per ton), while Mozambique ($96 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced a decline in the import price figures.
Chromium Ore and Concentrate - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| China | 2.6 | 2 | 2.3 | -5.9% |
| Mozambique | 0.6 | 0.4 | 0.5 | -8.6% |
| Russia | 0.2 | 0.07 | 0.1 | -15.0% |
| Turkey | 0.04 | 0.03 | 0.1 | 60.7% |
In value terms, China ($2.3B) constitutes the largest market for imported chromium ores and concentrates worldwide, comprising 69% of global imports. The second position in the ranking was occupied by Mozambique ($480M), with a 14% share of global imports. It was followed by Russia, with a 3.3% share.
From 2019 to 2021, the average annual growth rate of value in China stood at -5.9%. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (-8.6% per year) and Russia (-15.0% per year).
Chromium Ore and Concentrate - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| South Africa | 2.3 | 1.8 | 1.5 | -20.7% |
| Turkey | 0.2 | 0.1 | 0.3 | 6.8% |
| Pakistan | 0.07 | 0.05 | 0.09 | 16.1% |
| Kazakhstan | 0.1 | 0.05 | 0.08 | -13.8% |
| Zimbabwe | 0.03 | 0.1 | 0.07 | 48.8% |
In value terms, South Africa ($1.5B) remains the largest chromium ore and concentrate supplier worldwide, comprising 65% of global exports. The second position in the ranking was occupied by Turkey ($251M), with a 11% share of global exports. It was followed by Pakistan, with a 4.2% share.
From 2019 to 2021, the average annual rate of growth in terms of value in South Africa amounted to -20.7%. In the other countries, the average annual rates were as follows: Turkey (+6.8% per year) and Pakistan (+16.1% per year).
Chromium Ore and Concentrate - Market Forecast
Driven by rising demand for chromium ore and concentrate worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Chromium Ore and Concentrate - Top Companies
RIO TINTO PLC, BHP BILLITON PLC, BROADMEADOW MINE SERVICES PTY LTD, Aluminum Corporation of China Limited, ARCONIC INC., CLERMONT COAL PTY LTD, SOUTH32 LIMITED, KGHM POLSKA MIEDZ S A, EASTERN ALUMINIUM (PORTLAND) PTY LTD, EASTERN ALUMINIUM PTY LTD, ALCOA OF AUSTRALIA LIMITED, Halco (mining) Inc., POLYMETAL INTERNATIONAL PLC, Companhia Brasileira de Metalúrgia e Mineração., Alcoa World Alumina LLC, RANDGOLD RESOURCES LTD, TATI NICKEL MINING COMPANY PTY LTD, FERREXPO PLC, Ambatovy Joint Venture, Salobo Metais S/A.
Chromium Ore and Concentrate - Product Coverage
- HS 2610 - Chromium ores and concentrates
This report provides an in-depth analysis of the global market for chromium ore and concentrate. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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In 2022, chromium prices are forecast to surge onrising energy costs, while global metal production has not fully recovered from the Covid-crisis.
786
In 2020, global exports of chromium ores and concentrates reduced sharply by -10.2% y-o-y to 16M tons. China, the major importer of chromium ores and concentrates, comprises over 70% of the total global imports. In Q1 2021, shipments to the country stood at a level slightly lower than in the same period of 2020. South Africa remains the largest exporter worldwide, accounting for 79% of the total global exports.
584
In value terms, chromium oxides and hydroxides imports totaled $X in 2016. Overall, chromium oxides and hydroxides imports continue to indicate a relatively flat trend pattern. Global chromium oxid...
1013
In value terms, beryllium, chromium, germanium, vanadium exports stood at $X in 2016. In general, beryllium, chromium, germanium, vanadium exports continue to indicate a perceptible deduction. Over...
582
In value terms, chromium oxides and hydroxides exports stood at $X in 2016. Overall, it indicated a notable growth from 2007 to 2016: the total exports value decreased at an average annual rate of ...
1192
In 2016, the amount of chrome ore imported worldwide amounted to X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
2193
In 2016, the amount of chrome ore imported worldwide amounted to X tons, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
1932
The global trade in chromium amounted to X million USD in 2015, fluctuating strongly over the period under review. After a X% drop in 2009, exports more than doubled in 2010. The growth trend reversed in 2012, and after a small increase in 2014, exp
1762
Despite a X% drop in exports in 2014 compared to the previous year, South Africa continued its dominance in the global chromium ores and concentrates trade. In 2014, South Africa exported X million tons of chromium ores and concentrates totaling X
732
In value terms, instruments and apparatus for physical and chemical analysis imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increase...
