Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco - 2023
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco (CIF) - 2022
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco (FOB) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco
- Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco (CIF) - 2022
The average import price for colouring matter; pigments and preparations based on chromium compoundses stood at $4,394 per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of 7.1% against the previous year. The import price peaked at $5,511 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 China ($6,600 per ton), while the price for India ($4,169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco (FOB) - 2022
In 2022, the average export price for colouring matter; pigments and preparations based on chromium compoundses amounted to $5,114 per ton, picking up by 24% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The export price peaked at $8,800 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Senegal.
From 2013 to 2022, the rate of growth in terms of prices for Senegal amounted to +3.3% per year.
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco
Imports of colouring matter; pigments and preparations based on chromium compoundses into Morocco dropped significantly to 163 tons in 2022, waning by -36.8% against the previous year's figure. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses reduced rapidly to $716K in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 389 | 366 | 433 | 465 | 6.1% |
| Colombia | 700 | 335 | 205 | 143 | -41.1% |
| Spain | 81.1 | 153 | 483 | 94.7 | 5.3% |
| Others | 69.4 | 14.5 | 8.5 | 14.5 | -40.7% |
| Total | 1,239 | 867 | 1,129 | 716 | -16.7% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Morocco in 2022:
- India (111.4 tons)
- Colombia (29.7 tons)
- Spain (20.3 tons)
Exports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco
For the third year in a row, Morocco recorded growth in overseas shipments of colouring matter; pigments and preparations based on chromium compoundses, which increased by 49% to 9.7 tons in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of colouring matter; pigments and preparations based on chromium compoundses skyrocketed to $50K in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Senegal | 23.3 | 26.9 | 49.6 | 45.9% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 23.3 | 26.9 | 49.6 | 45.9% | |
Top Export Markets for Colouring Matter; Pigments and Preparations Based On Chromium Compounds from Morocco in 2022:
- Senegal (9.7 tons)
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