Alkali Metals; Sodium Price in Morocco - 2022

Contents:

  1. Alkali Metals; Sodium Price in Morocco (CIF) - 2022
  2. Alkali Metals; Sodium Price in Morocco (FOB) - 2022
  3. Alkali Metals; Sodium Imports in Morocco
  4. Alkali Metals; Sodium Exports in Morocco

Alkali Metals; Sodium Price in Morocco (CIF) - 2022

The average alkali metals; sodium import price stood at $10,747 per ton in 2022, growing by 177% against the previous year. Overall, the import price posted a buoyant increase. Over the period under review, average import prices attained the maximum at $12,312 per ton in 2016; however, from 2017 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 Germany ($11,456 per ton), while the price for India stood at $10,646 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+66.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Alkali Metals; Sodium Price in Morocco (FOB) - 2022

In 2022, the average alkali metals; sodium export price amounted to $2,550 per ton, reducing by -57.2% against the previous year. Overall, the export price showed a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of 68%. As a result, the export price attained the peak level of $6,417 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to -4.0% per year.

Alkali Metals; Sodium Imports in Morocco

In 2022, approx. 23 kg of alkali metals; sodia were imported into Morocco; reducing by -98.7% against the previous year. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.

In value terms, alkali metals; sodium imports fell remarkably to $247 in 2022. Overall, imports showed a dramatic curtailment. The smallest decline of -5.8% was in 2021.

Import of Alkali Metals; Sodium in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.20.10.10.20.0%
China3.52.01.5N/A-34.5%
Ireland7.71.50.7N/A-69.8%
Germany0.70.30.5N/A-15.5%
France9.43.40.1N/A-89.7%
TurkeyN/AN/A4.0N/A0%
Canada2.0N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total23.77.36.90.2-79.6%

Top Suppliers of Alkali Metals; Sodium to Morocco in 2022:

  1. India (20.0 kg)
  2. Germany (3.0 kg)

Alkali Metals; Sodium Exports in Morocco

Alkali metals; sodium exports from Morocco declined sharply to 23 kg in 2022, reducing by -93.1% on the previous year's figure. In general, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 38%.

In value terms, alkali metals; sodium exports reduced sharply to $59 in 2022. Over the period under review, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of $2K, and then plummeted in the following year.

Export of Alkali Metals; Sodium in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania1,51644710559.0-66.1%
FranceN/A44228.0N/A-93.7%
SwedenN/AN/A696N/A0%
OthersN/A4421,153N/A160.9%
Total1,5161,3311,98259.0-66.1%

Top Export Markets for Alkali Metals; Sodium from Morocco in 2022:

  1. Mauritania (23.0 kg)

Source: IndexBox Market Intelligence Platform

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