Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Morocco - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Morocco (CIF) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Morocco
Price for Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Morocco (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; terephthalic acid and its saltses amounted to $2,671 per ton, surging by 7.7% against the previous year. Overall, the import price posted a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of 106%. As a result, import price reached the peak level of $5,256 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +4.0% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Morocco
In 2022, overseas purchases of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses decreased by -52.1% to 79 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2020 when imports increased by 81%. As a result, imports reached the peak of 650 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of acids; aromatic polycarboxylic acids; terephthalic acid and its saltses declined sharply to $211 in 2022. Overall, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 96%. As a result, imports attained the peak of $2.1K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,048 | 115 | 391 | 211 | -41.4% |
| China | N/A | 30.0 | 18.0 | N/A | -40.0% |
| Turkey | N/A | 1,914 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,048 | 2,059 | 409 | 211 | -41.4% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Terephthalic Acid and Its Salts to Morocco in 2022:
- Germany (69.0 kg)
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