Phenols; Phenol-Alcohols Price in Morocco - 2022
Contents:
- Phenols; Phenol-Alcohols Price in Morocco (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Morocco (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Morocco
- Phenols; Phenol-Alcohols Exports in Morocco
Phenols; Phenol-Alcohols Price in Morocco (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $12,035 per ton, declining by -22% against the previous year. In general, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 71% against the previous year. Over the period under review, average import prices reached the peak figure at $15,421 per ton in 2021, and then reduced dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($17,444 per ton), while the price for France ($1,026 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Morocco (FOB) - 2022
The average phenols; phenol-alcohols export price stood at $22,222 per ton in 2022, with an increase of 75% against the previous year. In general, the export price continues to indicate slight growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 187%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($29,000 per ton), while the average price for exports to Turkey stood at $18,833 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+96.1%).
Phenols; Phenol-Alcohols Imports in Morocco
After two years of decline, overseas purchases of phenols; phenol-alcoholses increased by 88% to 210 tons in 2022. Overall, imports, however, showed a mild slump.
In value terms, phenols; phenol-alcohols imports surged to $2.5M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 206 | 126 | 134 | 463 | 31.0% |
| China | 206 | 63.8 | 182 | 424 | 27.2% |
| India | 105 | 33.3 | 104 | 249 | 33.4% |
| Germany | 128 | 117 | 19.1 | 244 | 24.0% |
| United States | 16.3 | 8.6 | 23.1 | 58.3 | 52.9% |
| Russia | 106 | 49.4 | 38.7 | 51.5 | -21.4% |
| Spain | 13.9 | 7.4 | 10.3 | 47.6 | 50.7% |
| France | 22.5 | 15.7 | 14.4 | 2.6 | -51.3% |
| Denmark | 65.2 | 94.8 | 74.3 | N/A | 6.8% |
| Others | 1,104 | 996 | 1,127 | 990 | -3.6% |
| Total | 1,973 | 1,512 | 1,727 | 2,530 | 8.6% |
Top Suppliers of Phenols; Phenol-Alcohols to Morocco in 2022:
- Germany (56.0 tons)
- Russia (38.1 tons)
- Japan (34.0 tons)
- China (24.3 tons)
- India (19.1 tons)
- United States (17.4 tons)
- Spain (12.1 tons)
- France (2.6 tons)
Phenols; Phenol-Alcohols Exports in Morocco
In 2022, shipments abroad of phenols; phenol-alcoholses decreased by -65.4% to 9 kg, falling for the second year in a row after two years of growth. In general, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 1.1 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, phenols; phenol-alcohols exports contracted notably to $200 in 2022. Over the period under review, exports saw a sharp slump. The growth pace was the most rapid in 2020 with an increase of 7.9% against the previous year. As a result, the exports attained the peak of $5.2K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Phenols; Phenol-Alcohols in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Mauritania | 0.1 | 1.8 | N/A | 0.1 | 0.0% |
| Cote d'Ivoire | 2.1 | 3.4 | 0.3 | N/A | -62.2% |
| China | 2.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.8 | 5.2 | 0.3 | 0.2 | -65.3% |
Top Export Markets for Phenols; Phenol-Alcohols from Morocco in 2022:
- Turkey (6.0 kg)
- Mauritania (3.0 kg)
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