Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Morocco - 2023

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Morocco (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Morocco

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Morocco (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $2,207 per ton, growing by 25% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

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 Vietnam ($2,840 per ton), while the price for Sweden ($1,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+67.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Morocco

In 2022, overseas purchases of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -52.7% to 1.3K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, imports attained the peak of 3.2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses dropped markedly to $3M in 2022. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports attained the peak of $5M, and then fell notably in the following year.

Import of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,8202,2633,9181,618-3.8%
Taiwan (Chinese)27832337037310.3%
Germany0.4416370361866.4%
South Korea16719927.235128.1%
VietnamN/A53.015912151.1%
Tunisia90.160.426.558.1-13.6%
Sweden37.635.433.027.0-10.5%
Others6.171.977.947.097.5%
Total2,3993,4224,9822,9557.2%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Morocco in 2022:

  1. Netherlands (595.5 tons)
  2. Taiwan (Chinese) (336.2 tons)
  3. Germany (157.1 tons)
  4. South Korea (133.5 tons)
  5. Vietnam (42.5 tons)
  6. Tunisia (29.7 tons)
  7. Sweden (26.6 tons)

Source: IndexBox Market Intelligence Platform

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