The United Kingdom is the top importer of chromium oxides and hydroxides with an import value of $41.34 million in 2023, followed by Spain and Germany. Trends over the last five years show a steady increase in import values in this sector. Year-on-year, major markets like Japan and Estonia have seen growth in imports, while the United States and Brazil show moderate increases. The highest compound annual growth rate (CAGR) was observed in South Korea, indicating rising demand.
Future trends to watch include the impact of shifting industrial applications on import levels. Additionally, trade policies and global supply chain dynamics might alter the landscape of chromium oxide and hydroxide markets. Monitoring technological advancements and ecological regulations could also provide insights into future demands and importer behavior.
Top countries in Top Importers of Chromium Oxides and Hydroxides
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United Kingdom | 41.34 | 2016 | |
| 2 | 2 Spain | 34.1 | 2016 | |
| 3 | 3 Germany | 32.53 | 2016 | |
| 4 | 4 Japan | 26.94 | 2016 | |
| 5 | 5 Estonia | 23.43 | 2016 | |
| 6 | 6 United States | 19.89 | 2016 | |
| 7 | 7 Brazil | 18.72 | 2016 | |
| 8 | 8 South Korea | 18.53 | 2016 | |
| 9 | 9 Italy | 13.4 | 2016 | |
| 10 | 10 China | 12.85 | 2016 |
