Price for Chromium Oxides and Hydroxides in Morocco - 2022
Contents:
- Price for Chromium Oxides and Hydroxides in Morocco (CIF) - 2022
- Price for Chromium Oxides and Hydroxides in Morocco (FOB) - 2022
- Imports of Chromium Oxides and Hydroxides in Morocco
- Exports of Chromium Oxides and Hydroxides in Morocco
Price for Chromium Oxides and Hydroxides in Morocco (CIF) - 2022
In 2022, the average chromium oxides and hydroxides import price amounted to $4,779 per ton, surging by 4.9% against the previous year. Overall, the import price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $8,930 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($17,734 per ton), while the price for Italy ($3,051 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Chromium Oxides and Hydroxides in Morocco (FOB) - 2022
In 2022, the average chromium oxides and hydroxides export price amounted to $40,400 per ton, picking up by 952% against the previous year. Over the period under review, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for France.
From 2013 to 2022, the rate of growth in terms of prices for France amounted to +258.6% per year.
Imports of Chromium Oxides and Hydroxides in Morocco
In 2022, chromium oxides and hydroxides imports into Morocco soared to 171 tons, with an increase of 655% on the previous year's figure. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chromium oxides and hydroxides imports skyrocketed to $815K in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 10.8 | 5.2 | 4.8 | 659 | 293.7% |
| Italy | 109 | 36.6 | 29.8 | 85.7 | -7.7% |
| Spain | 9.4 | 3.6 | 4.0 | 32.5 | 51.2% |
| United States | 8.1 | 2.6 | 1.8 | 10.8 | 10.1% |
| South Africa | 9.8 | 3.8 | 1.3 | 9.0 | -2.8% |
| Others | 144 | 35.3 | 61.1 | 18.1 | -49.9% |
| Total | 291 | 87.0 | 103 | 815 | 41.0% |
Top Suppliers of Chromium Oxides and Hydroxides to Morocco in 2022:
- Turkey (132.6 tons)
- Italy (28.1 tons)
- Spain (3.8 tons)
- United States (1.8 tons)
- South Africa (1.7 tons)
Exports of Chromium Oxides and Hydroxides in Morocco
Chromium oxides and hydroxides exports from Morocco shrank sharply to 5 kg in 2022, which is down by -99% compared with 2021. Over the period under review, exports continue to indicate a precipitous descent. The smallest decline of -95.6% was in 2021.
In value terms, chromium oxides and hydroxides exports fell notably to $202 in 2022. Overall, exports showed a precipitous descent.
| Export of Chromium Oxides and Hydroxides in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| France | 7.0 | 1.0 | 0.2 | -83.1% | |
| Senegal | 23.0 | N/A | N/A | 0% | |
| Others | 7.0 | 1.0 | N/A | -85.7% | |
| Total | 37.0 | 2.0 | 0.2 | -92.6% | |
Top Export Markets for Chromium Oxides and Hydroxides from Morocco in 2022:
- France (5.0 kg)
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