Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Morocco - 2023
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Morocco (CIF) - 2022
- Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Morocco
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Morocco (CIF) - 2022
The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $26,053 per ton in 2022, surging by 20% against the previous year. In general, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 an increase of 69% against the previous year. Over the period under review, average import prices reached the peak figure at $46,533 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($408,000 per ton), while the price for the UK ($5,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Morocco
In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses imported into Morocco declined rapidly to 188 kg, with a decrease of -64.3% compared with 2021. Over the period under review, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 117% against the previous year. As a result, imports reached the peak of 526 kg, and then reduced remarkably in the following year.
In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses reduced rapidly to $4.9K in 2022. Overall, imports recorded a significant decrease. The growth pace was the most rapid in 2021 with an increase of 1.6% against the previous year.
| Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.7 | 1.0 | 5.8 | 3.6 | 72.6% |
| United States | 8.9 | 8.8 | 4.7 | 0.8 | -55.2% |
| India | 1.0 | 0.2 | 0.2 | 0.2 | -41.5% |
| United Kingdom | 0.1 | 0.1 | 0.4 | 0.2 | 26.0% |
| Germany | 0.7 | 0.9 | 0.1 | N/A | -62.2% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 11.5 | 11.3 | 11.4 | 4.9 | -24.8% |
Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Morocco in 2022:
- Spain (126.0 kg)
- United Kingdom (36.0 kg)
- India (22.0 kg)
- United States (2.0 kg)
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