Kazakhstan leads global exports of chromium oxides and hydroxides, showing a steady increase of 2.81% in 2023. China and Germany follow, with Germany experiencing a slight decline. Notable growth is seen in India, Netherlands, Italy, and South Korea, while significant declines are observed in Japan, Switzerland, and New Zealand. Smaller economies like Hungary show remarkable growth despite their scale. The five-year CAGR reflects mixed performances across countries, with emerging markets offering newer growth opportunities and some developed countries showing maturity-related stagnation.
Future trends to watch include potential growth in Asian markets and emerging economies, coupled with a focus on sustainable and eco-friendly production methods. Continuous monitoring of trade policies and geopolitical factors will also be essential to fully understand the evolving dynamics in global exports of chromium compounds.
Top countries in Export of Chromium Oxides and Hydroxides by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kazakhstan | 88,280,000 | 2023 | +2.98% | +2.81% | View data |
| 2 | 2 China | 49,492,000 | 2023 | +3.04% | +3.85% | View data |
| 3 | 3 Germany | 49,377,000 | 2023 | +0.2% | -0.36% | View data |
| 4 | 4 Russia | 17,488,000 | 2023 | +2.33% | +3.82% | View data |
| 5 | 5 India | 9,168,800 | 2023 | +6.1% | +3.2% | View data |
| 6 | 6 Netherlands | 5,182,600 | 2023 | +3.08% | +4.22% | View data |
| 7 | 7 Spain | 4,761,500 | 2023 | -0.0063% | +0.95% | View data |
| 8 | 8 Italy | 3,495,300 | 2023 | +4.58% | +5.58% | View data |
| 9 | 9 France | 1,649,300 | 2023 | -0.82% | +0.81% | View data |
| 10 | 10 United Kingdom | 655,690 | 2023 | -5.95% | +4.24% | View data |
