Price for Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate in Morocco - 2023

Contents:

  1. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco (CIF) - 2022
  2. Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco (FOB) - 2022
  3. Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco
  4. Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco (CIF) - 2022

The average import price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $337 per ton in 2022, rising by 33% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($589 per ton), while the price for Spain ($256 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco (FOB) - 2022

The average export price for carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates stood at $292 per ton in 2022, waning by -4.8% against the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 63% against the previous year. The export price peaked at $1,450 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritania ($283 per ton), while the average price for exports to Gabon ($137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+2.5%), while the prices for the other major destinations experienced a decline.

Imports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco

In 2022, approx. 140K tons of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates were imported into Morocco; almost unchanged from the year before. Over the period under review, imports saw a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 5.8% against the previous year.

In value terms, imports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates soared to $47M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +52.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain9.59.610.314.715.7%
Turkey8.79.59.012.613.1%
Vietnam1.31.72.44.045.4%
Germany3.52.63.43.0-5.0%
Bulgaria3.11.42.52.8-3.3%
France1.91.72.72.712.4%
Italy2.90.92.22.6-3.6%
Egypt1.11.11.82.531.5%
Others3.02.31.72.2-9.8%
Total34.930.836.047.110.5%

Top Suppliers of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate to Morocco in 2022:

  1. Spain (57.7K tons)
  2. Turkey (39.6K tons)
  3. Bulgaria (8.4K tons)
  4. France (7.7K tons)
  5. Vietnam (6.8K tons)
  6. Italy (6.4K tons)
  7. Egypt (6.1K tons)
  8. Germany (2.9K tons)

Exports of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco

In 2022, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates from Morocco expanded to 1.7K tons, growing by 3.2% compared with the year before. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 260% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamates declined modestly to $502K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 164% against the previous year. As a result, the exports reached the peak of $511K, and then reduced slightly in the following year.

Export of Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania13711851043547.0%
SenegalN/AN/A0.29.74750.0%
Algeria43.8N/AN/A9.4-40.1%
GabonN/AN/AN/A3.60%
EgyptN/A39.9N/AN/A0%
Others4.635.60.743.8112.0%
Total18519351150239.5%

Top Export Markets for Carbonates; Peroxocarbonates (Percarbonates); Commercial Ammonium Carbonate Containing Ammonium Carbamate from Morocco in 2022:

  1. Mauritania (1540.8 tons)
  2. Senegal (69.0 tons)
  3. Algeria (40.0 tons)
  4. Gabon (26.0 tons)

Source: IndexBox Market Intelligence Platform

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