Chromium Trioxide Price in Morocco - 2022
Contents:
- Chromium Trioxide Price in Morocco (CIF) - 2022
- Chromium Trioxide Price in Morocco (FOB) - 2022
- Chromium Trioxide Imports in Morocco
- Chromium Trioxide Exports in Morocco
Chromium Trioxide Price in Morocco (CIF) - 2022
The average chromium trioxide import price stood at $5,456 per ton in 2022, flattening at the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23% against the previous year. The import price peaked at $10,438 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,017 per ton), while the price for Turkey ($5,127 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Chromium Trioxide Price in Morocco (FOB) - 2022
In 2022, the average chromium trioxide export price amounted to $45,355 per ton, growing by 1,289% against the previous year. In general, the export price showed a significant increase. 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 +251.7% per year.
Chromium Trioxide Imports in Morocco
In 2022, overseas purchases of chromium trioxides were finally on the rise to reach 10 tons after two years of decline. Overall, imports, however, saw a abrupt descent.
In value terms, chromium trioxide imports surged to $55K in 2022. Over the period under review, imports, however, saw a abrupt slump.
| Import of Chromium Trioxide in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 22.1 | 20.9 | 3.0 | 33.8 | 15.2% |
| United States | 16.5 | 10.2 | 1.1 | 10.8 | -13.2% |
| South Africa | 20.0 | 15.1 | 0.8 | 9.0 | -23.4% |
| Spain | 18.6 | 16.8 | 4.1 | N/A | -53.1% |
| Others | 9.1 | 5.2 | 9.3 | 1.6 | -44.0% |
| Total | 86.3 | 68.2 | 18.3 | 55.3 | -13.8% |
Top Suppliers of Chromium Trioxide to Morocco in 2022:
- Turkey (6.6 tons)
- United States (1.8 tons)
- South Africa (1.7 tons)
Chromium Trioxide Exports in Morocco
In 2022, overseas shipments of chromium trioxides decreased by -99.3% to 4 kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, the exports attained the peak of 614 kg, and then dropped sharply in the following year.
In value terms, chromium trioxide exports fell sharply to $202 in 2022. In general, exports saw a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 54%. As a result, the exports attained the peak of $2K, and then declined notably in the following year.
| Export of Chromium Trioxide in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| France | 1,298 | 1,002 | 202 | -60.6% | |
| Others | N/A | 1,003 | N/A | 0% | |
| Total | 1,298 | 2,005 | 202 | -60.6% | |
Top Export Markets for Chromium Trioxide from Morocco in 2022:
- France (4.0 kg)
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