Report Update Nov 1, 2024

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

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Puerto Rico: Market for Chromium Ores and Concentrates 2024

Exports of Chromium Ores and Concentrates

Exports by Country

South Africa dominates exports structure, amounting to X tons, which was near 77% of total exports in 2021. It was distantly followed by Turkey (X tons), creating an 8.3% share of total exports. Zimbabwe (X tons), Pakistan (X tons), Kazakhstan (X tons) and Albania (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to chromium ore and concentrate exports from South Africa stood at +10.0%. At the same time, Zimbabwe (+20.8%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.8% from 2012-2021. By contrast, Pakistan (-1.4%), Turkey (-4.1%), Albania (-4.2%) and Kazakhstan (-12.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa and Zimbabwe increased by +32 and +2.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest chromium ore and concentrate supplier from Puerto Rico, comprising 70% of global exports. The second position in the ranking was held by Turkey ($X), with a 9.6% share of global exports. It was followed by Zimbabwe, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value in South Africa stood at +6.1%. In the other countries, the average annual rates were as follows: Turkey (-4.9% per year) and Zimbabwe (+29.3% per year).

Imports of Chromium Ores and Concentrates

Imports by Country

China was the major importer of chromium ores and concentrates in the world, with the volume of imports reaching X tons, which was approx. 65% of total imports in 2021. It was distantly followed by Mozambique (X tons), creating a 22% share of total imports. Hong Kong SAR (X tons), Indonesia (X tons) and Russia (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +5.4% from 2012 to 2021. At the same time, Indonesia (+71.7%), Mozambique (+43.5%) and Hong Kong SAR (+10.2%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of +71.7% from 2012-2021. By contrast, Russia (-10.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mozambique and Indonesia increased by +20 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported chromium ores and concentrates into Puerto Rico, comprising 67% of global imports. The second position in the ranking was held by Mozambique ($X), with a 17% share of global imports. It was followed by Hong Kong SAR, with a 3% share.

In China, chromium ore and concentrate imports increased at an average annual rate of +2.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+43.4% per year) and Hong Kong SAR (+8.5% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of chromium ore and concentrate consumption was China, accounting for 37% of total volume. Moreover, chromium ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, threefold. The third position in this ranking was occupied by Turkey, with an 11% share.

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

South Africa constituted the country with the largest volume of chromium ore and concentrate production, comprising approx. 44% of total volume. Moreover, chromium ore and concentrate production in South Africa exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. Turkey ranked third in terms of total production with a 17% share.

What are the leading suppliers of chromium ores and concentrates to Puerto Rico?

In value terms, China constitutes the largest market for imported chromium ores and concentrates into Puerto Rico, comprising 72% of global imports. The second position in the ranking was occupied by Mozambique, with a 13% share of global imports. It was followed by Russia, with a 3.1% share.

What are the leading importers of chromium ores and concentrates from Puerto Rico?

In value terms, South Africa remains the largest chromium ore and concentrate supplier from Puerto Rico, comprising 65% of global exports. The second position in the ranking was occupied by Turkey, with a 12% share of global exports. It was followed by Zimbabwe, with a 5.5% share.

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

The export price in Puerto Rico stood at $less than 0.1 per ton in 2021, almost unchanged from the previous year.

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

The import price in Puerto Rico stood at $less than 0.1 per ton in 2021, standing approx. at the previous year.

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

Puerto Rico

Data coverage:

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