Carbonates; Potassium Carbonate Price in Morocco - 2022
Contents:
- Carbonates; Potassium Carbonate Price in Morocco (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Morocco (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Morocco
- Carbonates; Potassium Carbonate Exports in Morocco
Carbonates; Potassium Carbonate Price in Morocco (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $1,768 per ton in 2022, jumping by 55% against the previous year. In general, the import price enjoyed a moderate increase. The pace of growth was the most pronounced in 2013 an increase of 60% against the previous year. As a result, import price attained the peak level of $2,323 per ton. 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 Germany ($5,923 per ton), while the price for Spain ($1,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.4%), while the prices for the other major suppliers experienced a decline.
Carbonates; Potassium Carbonate Price in Morocco (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $4,924 per ton in 2022, remaining constant against the previous year. In general, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices hit record highs at $4,941 per ton in 2018; afterwards, it flattened through to 2022.
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 +16.9% per year.
Carbonates; Potassium Carbonate Imports in Morocco
In 2022, the amount of carbonates; potassium carbonates imported into Morocco declined sharply to 128 tons, waning by -42.5% compared with the year before. In general, imports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year.
In value terms, carbonates; potassium carbonate imports shrank to $226K in 2022. Over the period under review, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 74%.
| Import of Carbonates; Potassium Carbonate in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 123 | 57.9 | 97.2 | 55.4 | -23.3% |
| Germany | 24.7 | 35.0 | 35.0 | 22.3 | -3.3% |
| Ireland | 54.3 | 12.8 | 19.4 | 14.6 | -35.5% |
| Spain | 20.7 | 12.9 | 5.6 | 13.0 | -14.4% |
| France | 7.5 | 9.4 | 14.8 | 8.5 | 4.3% |
| Netherlands | 7.8 | 9.8 | 12.0 | 8.2 | 1.7% |
| Turkey | 4.1 | 4.7 | 5.1 | 3.5 | -5.1% |
| China | 9.1 | N/A | N/A | N/A | 0% |
| Others | 4.2 | 3.1 | 64.4 | 100 | 187.7% |
| Total | 255 | 146 | 254 | 226 | -3.9% |
Top Suppliers of Carbonates; Potassium Carbonate to Morocco in 2022:
- South Korea (47.9 tons)
- Spain (12.3 tons)
- Ireland (6.8 tons)
- France (6.0 tons)
- Netherlands (3.9 tons)
- Germany (3.8 tons)
- Turkey (2.2 tons)
Carbonates; Potassium Carbonate Exports in Morocco
In 2022, after two years of decline, there was decline in overseas shipments of carbonates; potassium carbonates, when their volume decreased by 0% to 792 kg. Overall, exports faced a sharp setback. The smallest decline of -50% was in 2020.
In value terms, carbonates; potassium carbonate exports stood at $3.9K in 2022. In general, exports recorded a precipitous descent. The smallest decline of -50% was in 2020.
| Export of Carbonates; Potassium Carbonate in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 7.8 | 3.9 | 3.9 | 3.9 | -20.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 3.9 | 3.9 | 3.9 | -20.6% |
Top Export Markets for Carbonates; Potassium Carbonate from Morocco in 2022:
- Mauritania (792.0 kg)
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