Report Update Nov 1, 2024

New Zealand - Chromium - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Chromium Market 2021

Chromium Market Size in New Zealand

For the fifth consecutive year, the New Zealand chromium market recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption showed a sharp shrinkage. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. Chromium consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Chromium Exports

Exports from New Zealand

Chromium exports from New Zealand stood at X kg in 2020, stabilizing at the year before. Overall, exports showed a prominent expansion. Over the period under review, exports attained the peak figure at X kg in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, chromium exports stood at $X in 2020. In general, exports recorded notable growth. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Fiji (X kg) was the main destination for chromium exports from New Zealand, with a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Fiji was relatively modest.

From 2007 to 2018, the average annual rate of growth in terms of value to Fiji was relatively modest.

Export Prices by Country

In 2018, the average chromium export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price saw a abrupt shrinkage. Over the period under review, average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2018, export prices failed to regain the momentum.

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

From 2007 to 2018, the rate of growth in terms of prices for Fiji amounted to X% per year.

Chromium Imports

Imports into New Zealand

Chromium imports into New Zealand dropped markedly to X kg in 2020, declining by -X% on the previous year's figure. Over the period under review, imports faced a significant curtailment. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Imports peaked at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, chromium imports reduced rapidly to $X in 2020. In general, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X kg) was the main supplier of chromium to New Zealand, accounting for a X% share of total imports. Moreover, chromium imports from the U.S. exceeded the figures recorded by the second-largest supplier, Germany (X kg), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. totaled +X%.

In value terms, the U.S. ($X) constituted the largest supplier of chromium to New Zealand, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from the U.S. stood at +X%.

Import Prices by Country

In 2020, the average chromium import price amounted to $X per ton, declining by -X% against the previous year. Overall, import price indicated a tangible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, chromium import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per ton), while the price for the U.S. amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany.

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?

South Africa constituted the country with the largest volume of chromium production, accounting for 46% of total volume. Moreover, chromium production in South Africa exceeded the figures recorded by the second-largest producer, Turkey, twofold. Kazakhstan ranked third in terms of total production with a 13% share.

What are the leading suppliers of chromium to New Zealand?

In value terms, the U.S. constituted the largest supplier of chromium to New Zealand, comprising 96% of total imports. The second position in the ranking was occupied by Germany $179), with a 4% share of total imports.

What is the average export price for chromium in New Zealand?

In 2018, the average chromium export price amounted to $13,138 per ton, approximately reflecting the previous year.

What is the average import price for chromium in New Zealand?

The average chromium import price stood at $8,315 per ton in 2020, declining by -13% against the previous year.

This report provides an in-depth analysis of the chromium market in New Zealand. 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:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
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