Report Update Nov 1, 2024

Italy - Chromium - Market Analysis, Forecast, Size, Trends and Insights

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Italy: Chromium Market 2021

Chromium Market Size in Italy

The Italian chromium market contracted notably to $X in 2020, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Chromium Exports

Exports from Italy

In 2020, the amount of chromium exported from Italy fell notably to X tons, shrinking by -X% against 2019 figures. In general, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, chromium exports declined rapidly to $X in 2020. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Egypt (X tons), France (X tons) and Germany (X kg) were the main destinations of chromium exports from Italy, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Germany, while shipments for the other leaders experienced a decline.

In value terms, Egypt ($X) remains the key foreign market for chromium exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Egypt stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Germany (-X% per year).

Export Prices by Country

The average chromium export price stood at $X per ton in 2020, growing by X% against the previous year. Overall, the export price posted a pronounced expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Egypt ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced mixed trend patterns.

Chromium Imports

Imports into Italy

In 2020, imports of chromium into Italy declined dramatically to X tons, which is down by -X% against 2019. Over the period under review, imports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. From 2017 to 2020, the growth imports failed to regain the momentum.

In value terms, chromium imports contracted remarkably to $X in 2020. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), France (X tons) and the UK (X tons) were the main suppliers of chromium imports to Italy, with a combined X% share of total imports. These countries were followed by Germany, Spain, Russia and Belgium, which together accounted for a further X 2007 to 2020, the biggest increases were in Belgium (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chromium suppliers to Italy were the Netherlands ($X), France ($X) and the UK ($X), together accounting for X% of total imports. Germany, Spain, Russia and Belgium lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average chromium import price amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the import price showed a slight curtailment. The pace of growth was the most pronounced in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chromium in the world?

The country with the largest volume of chromium consumption was South Africa, comprising approx. 46% of total volume. Moreover, chromium consumption in South Africa exceeded the figures recorded by the second-largest consumer, Turkey, twofold. The third position in this ranking was occupied by Kazakhstan, with a 13% share.

What are the largest producers of chromium in the world?

The country with the largest volume of chromium production was South Africa, comprising approx. 46% of total volume. Moreover, chromium production in South Africa exceeded the figures recorded by the second-largest producer, Turkey, twofold. The third position in this ranking was occupied by Kazakhstan, with a 13% share.

What are the leading suppliers of chromium to Italy?

In value terms, the Netherlands, France and the UK were the largest chromium suppliers to Italy, together accounting for 85% of total imports. Germany, Spain, Russia and Belgium lagged somewhat behind, together accounting for a further 14%.

What are the leading importers of chromium from Italy?

In value terms, Egypt remains the key foreign market for chromium exports from Italy, comprising 72% of total exports. The second position in the ranking was occupied by France, with a 11% share of total exports.

What is the average export price for chromium in Italy?

In 2020, the average chromium export price amounted to $14,836 per ton, with an increase of 20% against the previous year.

What is the average import price for chromium in Italy?

The average chromium import price stood at $6,882 per ton in 2020, which is down by -22.2% against the previous year.

This report provides an in-depth analysis of the chromium market in Italy. 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 2025.

Product coverage:

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023