Price for Chromium; Waste and Scrap in Morocco - 2022
Contents:
- Price for Chromium; Waste and Scrap in Morocco (FOB) - 2022
- Exports of Chromium; Waste and Scrap in Morocco
Price for Chromium; Waste and Scrap in Morocco (FOB) - 2022
The average chromium; waste and scrap export price stood at $653 per ton in 2022, growing by 13% against the previous year. In general, the export price, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 34%. Over the period under review, the average export prices reached the maximum at $2,248 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1.4% per year.
Exports of Chromium; Waste and Scrap in Morocco
In 2022, approx. 107 tons of chromium; waste and scraps were exported from Morocco; growing by 47% compared with the previous year's figure. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 72%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, chromium; waste and scrap exports surged to $70K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 130% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Chromium; Waste and Scrap in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.0 | 5.7 | 19.8 | 69.6 | 140.6% |
| Spain | 8.5 | 7.7 | 13.6 | N/A | 26.5% |
| Netherlands | 4.8 | 4.9 | 8.6 | N/A | 33.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.3 | 18.3 | 42.0 | 69.6 | 56.1% |
Top Export Markets for Chromium; Waste and Scrap from Morocco in 2022:
- India (106.7 tons)
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