Price for Ethylene Polymers; Waste, Parings and Scrap in Morocco - 2023

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Morocco (CIF) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Morocco (FOB) - 2022
3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Morocco
4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Morocco

Price for Ethylene Polymers; Waste, Parings and Scrap in Morocco (CIF) - 2022

In 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $291 per ton, reducing by -36.8% against the previous year. Over the period under review, the import price showed a deep downturn. The growth pace was the most rapid in 2019 an increase of 104% against the previous year. The import price peaked at $888 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($319 per ton), while the price for Italy ($208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.9%), while the prices for the other major suppliers experienced a decline.

Price for Ethylene Polymers; Waste, Parings and Scrap in Morocco (FOB) - 2022

The average export price for ethylene polymers; waste, parings and scraps stood at $761 per ton in 2022, with an increase of 25% against the previous year. Over the period under review, the export price enjoyed a tangible increase. The pace of growth was the most pronounced in 2017 an increase of 33%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($2,379 per ton), while the average price for exports to Malaysia totaled $252 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Morocco

In 2022, supplies from abroad of ethylene polymers; waste, parings and scraps decreased by -91% to 220 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2020 when imports increased by 130%. As a result, imports reached the peak of 4.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of ethylene polymers; waste, parings and scraps dropped notably to $64K in 2022. In general, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 109%. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Morocco in 2022:

1. France (209.1 tons)
2. Italy (10.0 tons)
3. Spain (1.2 tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Morocco

In 2022, shipments abroad of ethylene polymers; waste, parings and scraps decreased by -8.6% to 47 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a significant contraction.

In value terms, exports of ethylene polymers; waste, parings and scraps expanded notably to $36K in 2022. Overall, exports faced a precipitous shrinkage.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Morocco in 2022:

1. Malaysia (35.5 tons)
2. France (11.2 tons)

Source: IndexBox Market Intelligence Platform