Report Update Nov 1, 2024

Australia and Oceania - Chromium Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Market for Chromium Ores and Concentrates 2024

Market Size for Chromium Ores and Concentrates in Australia and Oceania

In 2022, the chromium ore and concentrate market in Australia and Oceania increased by 3.9% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption showed a prominent expansion. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Chromium Ores and Concentrates in Australia and Oceania

In value terms, chromium ore and concentrate production reduced notably to $X in 2022 estimated in export price. Overall, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 4,907%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Chromium Ores and Concentrates

Exports in Australia and Oceania

Chromium ore and concentrate exports contracted to X tons in 2022, waning by -12.5% compared with 2021. Over the period under review, exports showed a precipitous contraction. The growth pace was the most rapid in 2016 with an increase of 1,115% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, chromium ore and concentrate exports soared to $X in 2022. Overall, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2016 when exports increased by 960% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia represented the key exporter of chromium ores and concentrates in Australia and Oceania, with the volume of exports amounting to X tons, which was approx. 61% of total exports in 2022. It was distantly followed by New Zealand (X tons), comprising a 39% share of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +3.4%).

In value terms, New Zealand ($X) emerged as the largest chromium ore and concentrate supplier in Australia and Oceania, comprising 86% of total exports. The second position in the ranking was held by Australia ($X), with a 14% share of total exports.

In New Zealand, chromium ore and concentrate exports increased at an average annual rate of +24.9% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, rising by 299% against the previous year. In general, the export price continues to indicate a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+20.8%).

Imports of Chromium Ores and Concentrates

Imports in Australia and Oceania

In 2022, supplies from abroad of chromium ores and concentrates increased by 16% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2016 when imports increased by 27%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, chromium ore and concentrate imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a deep reduction. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Australia (X tons) represented the key importer of chromium ores and concentrates, achieving 64% of total imports. It was distantly followed by Marshall Islands (X tons), creating a 34% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of -5.5%).

In value terms, Australia ($X) constitutes the largest market for imported chromium ores and concentrates in Australia and Oceania, comprising 83% of total imports. The second position in the ranking was taken by Marshall Islands ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to -6.0%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, increasing by 27% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 47% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Marshall Islands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Marshall Islands (+0.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chromium ores and concentrates in Australia and Oceania?

The countries with the highest volumes of in 2021 were Australia, Marshall Islands and Papua New Guinea, with a combined 98% share of total consumption.

What are the largest producers of chromium ores and concentrates in Australia and Oceania?

Australia constituted the country with the largest volume of chromium ore and concentrate production, accounting for 96% of total volume. Moreover, chromium ore and concentrate production in Australia exceeded the figures recorded by the second-largest producer, Papua New Guinea, more than tenfold.

What are the leading suppliers of chromium ores and concentrates in Australia and Oceania?

In value terms, Australia remains the largest chromium ore and concentrate supplier in Australia and Oceania.

What are the leading importers of chromium ores and concentrates in Australia and Oceania?

In value terms, Australia constitutes the largest market for imported chromium ores and concentrates in Australia and Oceania, comprising 72% of total imports. The second position in the ranking was occupied by Marshall Islands, with a 21% share of total imports.

What is the average export price for chromium ores and concentrates in Australia and Oceania?

The export price in Australia and Oceania stood at $144 per ton in 2021, shrinking by -63.4% against the previous year.

What is the average import price for chromium ores and concentrates in Australia and Oceania?

The import price in Australia and Oceania stood at $267 per ton in 2021, jumping by 41% against the previous year.

This report provides an in-depth analysis of the market for chromium ore and concentrate in Australia and Oceania. 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:

Australia
Cook Islands
Fiji
French Polynesia
Kiribati
Marshall Islands
Micronesia
New Caledonia
New Zealand
Northern Mariana Islands
Palau
Papua New Guinea
Samoa
Solomon Islands
Tokelau
Tonga
Tuvalu
Vanuatu
Wallis and Futuna Islands
American Samoa
Nauru
Niue
Guam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Australia and Oceania, split by region and country
Trade (exports and imports) in Australia and Oceania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023