Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco (CIF) - 2023
2. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco
4. Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco (CIF) - 2023

In December 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,525 per ton, with a decrease of -12.7% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 28% m-o-m. As a result, import price reached the peak level of $3,300 per ton. From September 2022 to December 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Italy ($4,336 per ton), while the price for South Korea ($1,930 per ton) was amongst the lowest.

From June 2022 to December 2022, the most notable rate of growth in terms of prices was attained by India (+9.7%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco (FOB) - 2022

The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,711 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2021 a decrease of 99.9%. The export price peaked at $57,333 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Cote d'Ivoire amounted to 0.0% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco

In 2022, overseas purchases of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -8.4% to 2.3K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2020 with an increase of 0.7%. As a result, imports reached the peak of 4.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses surged to $6.3M in 2022. In general, imports showed a perceptible slump.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Morocco in 2022:

1. Netherlands (952.7 tons)
2. Italy (738.9 tons)
3. South Korea (183.0 tons)
4. Tunisia (101.5 tons)
5. India (87.1 tons)
6. Taiwan (Chinese) (69.4 tons)
7. Germany (42.8 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Morocco

In 2022, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses from Morocco amounted to 235 kg, approximately mirroring the previous year. In general, exports continue to indicate strong growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $637 in 2022. Over the period under review, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Morocco in 2022:

1. Mauritania (235.0 kg)

Source: IndexBox Market Intelligence Platform