Borates; Peroxoborates (Perborates) Price in Morocco - 2022
Contents:
- Borates; Peroxoborates (Perborates) Price in Morocco (CIF) - 2022
- Borates; Peroxoborates (Perborates) Price in Morocco (FOB) - 2022
- Borates; Peroxoborates (Perborates) Imports in Morocco
- Borates; Peroxoborates (Perborates) Exports in Morocco
Borates; Peroxoborates (Perborates) Price in Morocco (CIF) - 2022
The average borates; peroxoborates (perborates) import price stood at $905 per ton in 2022, picking up by 35% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, borates; peroxoborates (perborates) import price increased by +75.8% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,486 per ton), while the price for Argentina ($631 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Price in Morocco (FOB) - 2022
The average borates; peroxoborates (perborates) export price stood at $478 per ton in 2022, increasing by 20% against the previous year. In general, the export price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 31%. The export price peaked at $922 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mauritania ($592 per ton) and Portugal ($481 per ton), while the average price for exports to Gabon ($455 per ton) and Sudan ($466 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-5.5%), while the prices for the other major destinations experienced a decline.
Borates; Peroxoborates (Perborates) Imports in Morocco
Borates; peroxoborates (perborates) imports into Morocco dropped to 1.1K tons in 2022, waning by -8.7% compared with the year before. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 41%. As a result, imports attained the peak of 1.2K tons, and then shrank in the following year.
In value terms, borates; peroxoborates (perborates) imports skyrocketed to $959K in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Borates; Peroxoborates (Perborates) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 318 | 256 | 457 | 587 | 22.7% |
| Spain | 96.9 | 91.2 | 84.7 | 100 | 1.1% |
| United States | 41.4 | 66.5 | 75.0 | 95.2 | 32.0% |
| Slovenia | 19.3 | 30.7 | 31.3 | 39.7 | 27.2% |
| Argentina | 17.0 | 9.2 | 14.1 | 17.9 | 1.7% |
| Others | 47.2 | 44.4 | 118 | 120 | 36.5% |
| Total | 540 | 498 | 780 | 959 | 21.1% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Morocco in 2022:
- Turkey (819.8 tons)
- Spain (100.8 tons)
- Slovenia (43.8 tons)
- United States (33.3 tons)
- Argentina (28.3 tons)
Borates; Peroxoborates (Perborates) Exports in Morocco
In 2022, the amount of borates; peroxoborates (perborates)s exported from Morocco dropped rapidly to 14 tons, waning by -50.4% on the previous year. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 746% against the previous year. As a result, the exports reached the peak of 27 tons, and then declined markedly in the following year.
In value terms, borates; peroxoborates (perborates) exports declined significantly to $6.5K in 2022. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 427%. As a result, the exports attained the peak of $11K, and then fell rapidly in the following year.
| Export of Borates; Peroxoborates (Perborates) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | N/A | N/A | N/A | 2.4 | 0% |
| Gabon | 1.9 | 1.5 | 5.2 | 1.1 | -16.7% |
| Sudan | 1.8 | 0.5 | 1.7 | 0.4 | -39.4% |
| Mauritania | 0.3 | 0.1 | 1.0 | 0.2 | -12.6% |
| Guinea | N/A | N/A | 0.8 | N/A | 0% |
| Canada | N/A | N/A | 2.1 | N/A | 0% |
| Others | N/A | N/A | 0.1 | 2.4 | 2300.0% |
| Total | 4.1 | 2.1 | 11.0 | 6.5 | 16.6% |
Top Export Markets for Borates; Peroxoborates (Perborates) from Morocco in 2022:
- Portugal (5.0 tons)
- Gabon (2.5 tons)
- Sudan (0.9 tons)
- Mauritania (0.3 tons)
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