Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Morocco - 2023
Contents:
- Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Morocco (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Morocco
Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Morocco (CIF) - 2022
In 2022, the average import price for chromium oxides and hydroxides; excluding chromium trioxides amounted to $2,040 per ton, with a decrease of -53.5% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2020 when the average import price increased by 130%. The import price peaked at $7,262 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 India ($6,044 per ton), while the price for Turkey ($1,849 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Morocco
In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides imported into Morocco soared to 372 tons, increasing by 1,830% on 2021. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides soared to $760K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 625 | 0% |
| Italy | 191 | 1.5 | 60.3 | 85.7 | -23.4% |
| Others | 13.7 | 17.3 | 24.3 | 49.0 | 52.9% |
| Total | 205 | 18.8 | 84.6 | 760 | 54.8% |
Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Morocco in 2022:
- Turkey (338.0 tons)
- Italy (28.1 tons)
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