Kazakhstan commands a significant share of the global export market in chromium oxides and hydroxides, followed by China and Germany, with values in US Dollars for 2023 representing a narrowing gap between the latter two. Year-over-year variations highlight China's positive growth amidst strong performances by Italy and Hungary. Conversely, Japan and Switzerland experienced considerable declines, indicating shifts in economic strategies or resource allocation. The Netherlands and United Kingdom showed an upward trajectory, while Canada's performance suggests caution with a declining trend.
Future trends to monitor include emerging economies potentially increasing their market share, along with technological advancements that might affect production efficiencies and environmental regulations that could reshape trade dynamics and competitive pricing in this sector.
Top countries in Export of Chromium Oxides and Hydroxides Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kazakhstan | 37.45 | 2023 | +2.98% | +2.81% | View data |
| 2 | 2 China | 21 | 2023 | +3.04% | +3.85% | View data |
| 3 | 3 Germany | 20.95 | 2023 | +0.2% | -0.36% | View data |
| 4 | 4 Russia | 7.42 | 2023 | +2.33% | +3.82% | View data |
| 5 | 5 India | 3.89 | 2023 | +6.1% | +3.2% | View data |
| 6 | 6 Netherlands | 2.2 | 2023 | +3.08% | +4.22% | View data |
| 7 | 7 Spain | 2.02 | 2023 | -0.0063% | +0.95% | View data |
| 8 | 8 Italy | 1.48 | 2023 | +4.58% | +5.58% | View data |
| 9 | 9 France | 0.7 | 2023 | -0.82% | +0.81% | View data |
| 10 | 10 United Kingdom | 0.28 | 2023 | -5.95% | +4.24% | View data |
