Netherlands: Chromium Market 2021

Chromium Market Size in the Netherlands

The Dutch chromium market contracted markedly to $X in 2020, shrinking by -X% against the previous year. Over the period under review, consumption, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Chromium consumption peaked at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Chromium Production in the Netherlands

In value terms, chromium production dropped modestly to $X in 2020 estimated in export prices. In general, production enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, production reached the peak level at $X in 2019, and then dropped modestly in the following year.

Chromium Exports

Exports from the Netherlands

In 2020, approx. X tons of chromium were exported from the Netherlands; growing by X% on 2019. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, chromium exports declined sharply to $X in 2020. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Germany (X tons), France (X tons) and Italy (X tons) were the main destinations of chromium exports from the Netherlands, together accounting for X% of total exports. These countries were followed by Austria, Sweden and Turkey, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chromium exported from the Netherlands were Germany ($X), France ($X) and Italy ($X), together comprising X% of total exports. Austria, Sweden and Turkey lagged somewhat behind, together comprising a further X the main countries of destination, Austria (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average chromium export price amounted to $X per ton, which is down by -X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2020, the countries with the highest prices were Italy ($X per ton) and Germany ($X per ton), while the average price for exports to Austria ($X per ton) and France ($X per ton) were amongst the lowest.

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

Chromium Imports

Imports into the Netherlands

In 2020, approx. X tons of chromium were imported into the Netherlands; waning by -X% compared with the year before. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tons in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, chromium imports declined remarkably to $X in 2020. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Russia (X tons) constituted the largest supplier of chromium to the Netherlands, accounting for a X% share of total imports. Moreover, chromium imports from Russia exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold. The third position in this ranking was occupied by France (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and France (-X% per year).

In value terms, Russia ($X) constituted the largest supplier of chromium to the Netherlands, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and France (-X% per year).

Import Prices by Country

The average chromium import price stood at $X per ton in 2020, declining by -X% against the previous year. In general, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from the UK ($X per ton) and France ($X per ton), while the price for Russia ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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