Report Update Nov 1, 2024

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

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CIS: Market for Chromium Ores and Concentrates 2024

Market Size for Chromium Ores and Concentrates in CIS

The CIS chromium ore and concentrate market declined modestly to $X in 2022, standing approx. at the previous year. In general, consumption showed a mild decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Chromium Ores and Concentrates in CIS

In value terms, chromium ore and concentrate production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2017 with an increase of 49%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Chromium Ores and Concentrates

Exports in CIS

In 2022, shipments abroad of chromium ores and concentrates increased by 8.1% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chromium ore and concentrate exports soared to $X in 2022. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2017 with an increase of 73% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons) represented roughly 100% of total exports in 2022.

Kazakhstan was also the fastest-growing in terms of the chromium ores and concentrates exports, with a CAGR of -10.6% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest chromium ore and concentrate supplier in the CIS.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to -6.9%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, rising by 48% against the previous year. Over the period under review, the export price posted a tangible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +4.2% per year.

Imports of Chromium Ores and Concentrates

Imports in CIS

In 2022, the amount of chromium ores and concentrates imported in the CIS declined to X tons, shrinking by -10.5% on the year before. In general, imports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, chromium ore and concentrate imports contracted sharply to $X in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X tons) represented roughly 100% of total imports in 2022.

Russia was also the fastest-growing in terms of the chromium ores and concentrates imports, with a CAGR of -10.3% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported chromium ores and concentrates in the CIS.

From 2012 to 2022, the average annual growth rate of value in Russia stood at -11.3%.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, falling by -7.6% against the previous year. Over the period under review, the import price showed a mild setback. The pace of growth appeared the most rapid in 2017 an increase of 29% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -1.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Kazakhstan remains the largest chromium ore and concentrate consuming country in the CIS, accounting for 85% of total volume. Moreover, chromium ore and concentrate consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Russia, sixfold.

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

Kazakhstan remains the largest chromium ore and concentrate producing country in the CIS, comprising approx. 91% of total volume. Moreover, chromium ore and concentrate production in Kazakhstan exceeded the figures recorded by the second-largest producer, Russia, tenfold.

What are the leading exporters of chromium ores and concentrates in the CIS?

In value terms, Kazakhstan remains the largest chromium ore and concentrate supplier in the CIS.

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

In value terms, Russia constitutes the largest market for imported chromium ores and concentrates in the CIS.

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

In 2021, the export price in the CIS amounted to $161 per ton, with a decrease of -10.8% against the previous year.

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

In 2021, the import price in the CIS amounted to $251 per ton, surging by 13% against the previous year.

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

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
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
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
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