China overwhelmingly leads the global import of chromium ores and concentrates with an 87.03% share, followed by Russia and Indonesia with smaller shares of 5.13% and 2.31%, respectively. The majority of other countries have shares below 1%. Over the past two years, China increased its imports by 3.61%, while other significant growth came from Indonesia at 5.06%, and Pakistan at a remarkable 37.28%. Other countries like the United States, Poland, and Ukraine faced declines in their import shares.
In recent years, the Compound Annual Growth Rate (CAGR) indicates a predominantly upward trend for key importers like China, despite varied performances across the board. The overall market reveals diversification with emerging markets such as Indonesia and Pakistan showing strong positive momentum.
Future trends to watch include China's continued dominance and potential shifts in the ranking as more countries such as Indonesia expand their import capacity. Monitoring geopolitical tensions, industry regulations, and technological advancements is crucial as they can significantly impact global import dynamics.
Top countries in Import of Chromium Ores and Concentrates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 87.03 | 2023 | +3.48% | +3.61% | View data |
| 2 | 2 Russia | 5.13 | 2023 | +1.37% | +0.9% | View data |
| 3 | 3 Indonesia | 2.31 | 2023 | +6.39% | +5.06% | View data |
| 4 | 4 India | 0.87 | 2023 | +1.39% | +2.06% | View data |
| 5 | 5 South Africa | 0.81 | 2023 | +5.54% | +6.69% | View data |
| 6 | 6 United States | 0.32 | 2023 | -5.75% | -7.37% | View data |
| 7 | 7 Austria | 0.16 | 2023 | -0.2% | -0.78% | View data |
| 8 | 8 Italy | 0.12 | 2023 | -3.01% | -4.08% | View data |
| 9 | 9 Poland | 0.077 | 2023 | -5.12% | -14.23% | View data |
| 10 | 10 Canada | 0.05 | 2023 | -3.5% | -8.65% | View data |
