Gold Compounds Price in Morocco - 2022
Contents:
Gold Compounds Price in Morocco (CIF) - 2022
In 2022, the average gold compounds import price amounted to $4,482,913 per ton, picking up by 19% against the previous year. In general, the import price, however, saw a deep setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 79%. As a result, import price reached the peak level of $30,428 per kg. From 2014 to 2022, the average import prices failed to regain momentum.
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 Italy ($4,574,568 per ton), while the price for France ($122,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+262.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Gold Compounds Imports in Morocco
In 2022, approx. 173 kg of gold compoundses were imported into Morocco; with a decrease of -21% against 2021. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 219 kg, and then dropped sharply in the following year.
In value terms, gold compounds imports contracted to $776K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 48% against the previous year.
Import of Gold Compounds in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 429 | 532 | 798 | 741 | 20.0% |
Czech Republic | 0.1 | N/A | 8.8 | 22.0 | 503.7% |
Germany | 1.0 | 1.0 | 3.0 | 1.4 | 11.9% |
Others | 44.3 | 169 | 15.8 | 11.0 | -37.1% |
Total | 475 | 703 | 826 | 776 | 17.8% |
Top Suppliers of Gold Compounds to Morocco in 2022:
- Italy (162.0 kg)
- Czech Republic (6.0 kg)
- Germany (3.0 kg)
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