In 2023, the United Kingdom led the global import of chromium oxides and hydroxides in terms of value, followed by Spain and Estonia. Germany and the United States experienced negative year-on-year variations, while countries like Romania and Pakistan saw notable increases. The overall market displayed modest growth with diverse contributions from emerging markets such as Indonesia and Morocco. France and Sweden saw significant declines, indicating a possible shift in demand or sourcing.
Looking forward, potential trends to watch include increased demand from Asian markets as industrialization continues to evolve. Additionally, shifting geopolitical conditions might influence import strategies, altering the landscape of key importing countries.
Top countries in Import of Chromium Oxides and Hydroxides Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17.52 | 2023 | +4.88% | +4.48% | View data |
| 2 | 2 Spain | 11 | 2023 | +1.65% | +1.86% | View data |
| 3 | 3 Estonia | 8.7 | 2023 | +2.16% | +1.64% | View data |
| 4 | 4 Germany | 8.3 | 2023 | +0.33% | -0.064% | View data |
| 5 | 5 Brazil | 4.9 | 2023 | +1.62% | +1.92% | View data |
| 6 | 6 United States | 4.75 | 2023 | -2.38% | -2.42% | View data |
| 7 | 7 Japan | 4.64 | 2023 | +0.31% | -2.5% | View data |
| 8 | 8 South Korea | 4.5 | 2023 | +0.69% | +0.9% | View data |
| 9 | 9 India | 3.67 | 2023 | +3.09% | +2.35% | View data |
| 10 | 10 Italy | 3.45 | 2023 | +0.18% | -0.34% | View data |
