Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Morocco - 2023
Contents:
- Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Morocco (CIF) - 2022
- Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Morocco
Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Morocco (CIF) - 2022
The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $278,026 per ton in 2022, rising by 2,561% against the previous year. Over the period under review, the import price saw a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($873,000 per ton), while the price for India ($42,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Morocco
After three years of growth, overseas purchases of chromium and articles thereof; wrought other than waste and scrap decreased by -97.6% to 39 kg in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,333%.
In value terms, imports of chromium and articles thereof; wrought other than waste and scrap declined notably to $11K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,789%.
| Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 0.8 | N/A | 8.5 | 226.0% |
| United Kingdom | N/A | N/A | 0.1 | 1.7 | 1600.0% |
| China | N/A | 8.1 | N/A | 0.4 | -77.8% |
| Germany | 0.5 | N/A | N/A | 0.1 | -41.5% |
| South Korea | N/A | N/A | 16.4 | N/A | 0% |
| France | N/A | N/A | 0.3 | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 9.0 | 16.7 | 10.8 | 178.5% |
Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Morocco in 2022:
- Spain (33.0 kg)
- United Kingdom (2.0 kg)
- China (2.0 kg)
- Germany (1.0 kg)
- India (1.0 kg)
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