The global import of chromium ores and concentrates shows significant variation across countries. As of 2023, China dominates the market, accounting for a substantial portion of global imports, followed by Russia and Indonesia. Year-on-year variations reveal robust growth in China's imports (4.24%), contrasted by declines in countries like the United Kingdom (-20.63%) and Ukraine (-6.41%). Over the last five years, countries such as Egypt exhibited resilience with a year-on-year growth of 34.2%, while others like the Czech Republic experienced steep declines (-13.46%). The import landscape indicates a mixed performance globally with some regions experiencing fluctuations due to economic and geopolitical factors.
Looking into the future, several trends are pivotal to monitor. China's continued economic policies and demand for chromium for industrial applications remain crucial. Geopolitical tensions influencing Russian exports, technological advancements in sustainable mining, and demand shifts towards renewable and electronic industries will shape future trade patterns. Increased environmental regulations and trade policies could also significantly alter import dynamics.
Top countries in Import of Chromium Ores and Concentrates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,525,900,000 | 2023 | +3.37% | +4.24% | View data |
| 2 | 2 Russia | 193,870,000 | 2023 | +0.52% | -0.57% | View data |
| 3 | 3 Indonesia | 94,878,000 | 2023 | +6.41% | +4.24% | View data |
| 4 | 4 Germany | 76,961,000 | 2023 | +2.83% | +0.77% | View data |
| 5 | 5 United States | 53,197,000 | 2023 | +1.73% | -0.88% | View data |
| 6 | 6 India | 51,719,000 | 2023 | +2.94% | +3.15% | View data |
| 7 | 7 South Africa | 23,536,000 | 2023 | +5.54% | +7.54% | View data |
| 8 | 8 Japan | 23,082,000 | 2023 | -3.06% | -7.14% | View data |
| 9 | 9 Belgium | 21,156,000 | 2023 | +3.03% | +1.94% | View data |
| 10 | 10 Austria | 18,469,000 | 2023 | +2.79% | +1.25% | View data |