In 2023, China dominated the global import of chromium ores and concentrates, accounting for 83.86% of the market share. Russia and Indonesia held smaller shares, at 4.61% and 2.26%, respectively. The United States, India, and Germany, although significant import players, had shares below 2% each. Over the past year, there have been notable percentage increases in import values for countries like China, Indonesia, and India while nations including Japan, Canada, and Ukraine experienced declines.
Looking ahead, potential shifts in global supply chains, geopolitical tensions, and technological advancements in metallurgical processes are expected to influence the dynamics of chromium imports. Key trends to watch include the strategic role of China in maintaining its dominance, as well as potential increases in imports from Russia and Indonesia, driven by domestic demand and shifting trade alliances.
Top countries in Import of Chromium Ores and Concentrates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 83.86 | 2023 | +3.37% | +4.24% | View data |
| 2 | 2 Russia | 4.61 | 2023 | +0.52% | -0.57% | View data |
| 3 | 3 Indonesia | 2.26 | 2023 | +6.41% | +4.24% | View data |
| 4 | 4 Germany | 1.83 | 2023 | +2.83% | +0.77% | View data |
| 5 | 5 United States | 1.27 | 2023 | +1.73% | -0.88% | View data |
| 6 | 6 India | 1.23 | 2023 | +2.94% | +3.15% | View data |
| 7 | 7 South Africa | 0.56 | 2023 | +5.54% | +7.54% | View data |
| 8 | 8 Japan | 0.55 | 2023 | -3.06% | -7.14% | View data |
| 9 | 9 Belgium | 0.5 | 2023 | +3.03% | +1.94% | View data |
| 10 | 10 Austria | 0.44 | 2023 | +2.79% | +1.25% | View data |
