Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco - 2023
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco (CIF) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $4,692 per ton, increasing by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.1%. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. The import price peaked in 2022 and is expected to retain 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 Turkey ($6,157 per ton), while the price for India ($2,604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco (FOB) - 2022
In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $4,222 per ton, with a decrease of -6.5% against the previous year. Over the period under review, the export price showed a mild shrinkage. The pace of growth was the most pronounced in 2018 an increase of 74% against the previous year. As a result, the export price reached the peak level of $4,960 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Senegal.
From 2013 to 2022, the rate of growth in terms of prices for Senegal amounted to -1.2% per year.
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco
In 2022, imports of colouring matter; ultramarine and preparations based therea into Morocco expanded slightly to 86 tons, with an increase of 3.6% compared with 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of colouring matter; ultramarine and preparations based therea surged to $406K in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 186 | 106 | 121 | 194 | 1.4% |
| Turkey | 54.2 | 24.0 | 50.8 | 98.2 | 21.9% |
| France | 76.4 | 104 | 107 | 62.7 | -6.4% |
| China | 32.0 | N/A | 34.7 | 43.4 | 10.7% |
| India | N/A | 34.7 | 14.0 | 2.6 | -72.6% |
| Others | N/A | N/A | 1.1 | 4.5 | 309.1% |
| Total | 349 | 268 | 329 | 406 | 5.2% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Morocco in 2022:
- Spain (43.2 tons)
- Turkey (15.9 tons)
- China (15.8 tons)
- France (10.3 tons)
- India (1.0 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco
In 2022, after two years of decline, there was significant growth in shipments abroad of colouring matter; ultramarine and preparations based therea, when their volume increased by 700% to 1.6 tons. Over the period under review, exports, however, faced a dramatic shrinkage.
In value terms, exports of colouring matter; ultramarine and preparations based therea soared to $6.8K in 2022. In general, exports, however, showed a sharp downturn.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 15.7 | 4.2 | 0.9 | 6.8 | -24.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.7 | 4.2 | 0.9 | 6.8 | -24.3% |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Morocco in 2022:
- Senegal (1.6 tons)
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