World - Chromates, Dichromates and Peroxochromates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Chromates Market 2024
Chromates Market Size
In 2022, the global chromates market increased by 32% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Chromates Production
In value terms, chromates production rose remarkably to $X in 2022 estimated in export price. Overall, production, however, saw a mild setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14% against the previous year. Over the period under review, global production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.
Chromates Exports
Exports
In 2022, approx. X tons of chromates, dichromates and peroxochromates were exported worldwide; shrinking by -20.6% on 2021. Over the period under review, exports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 46% against the previous year. The global exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
In value terms, chromates exports rose markedly to $X in 2022. Overall, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 16% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.
Exports by Country
In 2022, South Africa (X tons) was the key exporter of chromates, dichromates and peroxochromates, generating 60% of total exports. Russia (X tons) ranks second in terms of the total exports with a 16% share, followed by Kazakhstan (15%). The following exporters - China (X tons) and India (X tons) - together made up 4.3% of total exports.
South Africa was also the fastest-growing in terms of the chromates, dichromates and peroxochromates exports, with a CAGR of +6.5% from 2012 to 2022. At the same time, China (+2.5%) displayed positive paces of growth. By contrast, India (-2.0%), Kazakhstan (-4.2%) and Russia (-8.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa increased by +37 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($X) remains the largest chromates supplier worldwide, comprising 51% of global exports. The second position in the ranking was held by Russia ($X), with a 14% share of global exports. It was followed by Kazakhstan, with a 10% share.
In South Africa, chromates exports expanded at an average annual rate of +6.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (-9.1% per year) and Kazakhstan (-5.4% per year).
Export Prices by Country
In 2022, the average chromates export price amounted to $X per ton, rising by 36% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%), while the other global leaders experienced mixed trends in the export price figures.
Chromates Imports
Imports
Global chromates imports fell slightly to X tons in 2022, waning by -1.6% compared with 2021. Overall, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2013 when imports increased by 15%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of global imports remained at a lower figure.
In value terms, chromates imports surged to $X in 2022. In general, imports showed a perceptible decline. Global imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
Imports by Country
Germany was the main importing country with an import of about X tons, which recorded 28% of total imports. Estonia (X tons) ranks second in terms of the total imports with a 13% share, followed by Japan (12%), China (7%), Uruguay (6.9%) and India (4.6%). The following importers - Romania (X tons), Thailand (X tons), Brazil (X tons), Austria (X tons), the United States (X tons), France (X tons) and Italy (X tons) - together made up 19% of total imports.
Germany experienced a relatively flat trend pattern with regard to volume of imports of chromates, dichromates and peroxochromates. At the same time, Austria (+12.8%), Romania (+9.1%), the United States (+7.5%), Thailand (+3.7%) and Estonia (+1.1%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing importer imported in the world, with a CAGR of +12.8% from 2012-2022. Uruguay and Japan experienced a relatively flat trend pattern. By contrast, China (-2.3%), India (-4.0%), Brazil (-4.1%), France (-7.5%) and Italy (-12.2%) illustrated a downward trend over the same period. Germany (+5.9 p.p.), Estonia (+3.6 p.p.), Japan (+2.5 p.p.), Romania (+2.2 p.p.), Austria (+2 p.p.), Uruguay (+1.8 p.p.) and the United States (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while France and Italy saw its share reduced by -1.8% and -3.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($X) constitutes the largest market for imported chromates, dichromates and peroxochromates worldwide, comprising 26% of global imports. The second position in the ranking was held by Japan ($X), with a 12% share of global imports. It was followed by Uruguay, with a 9.2% share.
In Germany, chromates imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-1.1% per year) and Uruguay (+5.3% per year).
Import Prices by Country
In 2022, the average chromates import price amounted to $X per ton, picking up by 32% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Estonia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.8%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global chromates market. 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:
- Prodcom 20135125 - Chromates and dichromates, peroxochromates
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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