Price for Phosphates; N.E.S in Item No. 2835.2 in Morocco - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Morocco (CIF) - 2022
- Price for Phosphates; N.E.S in Item No. 2835.2 in Morocco (FOB) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Morocco
- Exports of Phosphates; N.E.S in Item No. 2835.2 in Morocco
Price for Phosphates; N.E.S in Item No. 2835.2 in Morocco (CIF) - 2022
In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $2,236 per ton, rising by 13% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. The import price peaked at $2,355 per ton in 2013; however, from 2014 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 India ($7,280 per ton), while the price for Slovenia ($1,230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phosphates; N.E.S in Item No. 2835.2 in Morocco (FOB) - 2022
In 2022, the average export price for phosphates; n.e.s in item no. 2835.2s amounted to $2,150 per ton, with an increase of 1,272% against the previous year. Overall, the export price recorded buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritania ($3,050 per ton), while the average price for exports to Burkina Faso amounted to $1,970 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+119.5%), while the prices for the other major destinations experienced a decline.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Morocco
In 2022, approx. 317 tons of phosphates; n.e.s in item no. 2835.2s were imported into Morocco; waning by -17.9% on the previous year's figure. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports attained the peak of 386 tons, and then declined dramatically in the following year.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s contracted to $708K in 2022. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 114% against the previous year. As a result, imports reached the peak of $763K, and then declined in the following year.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.9 | 58.6 | 111 | 229 | 43.3% |
| France | 151 | 16.1 | 118 | 167 | 3.4% |
| Germany | 51.1 | 33.7 | 75.6 | 100 | 25.1% |
| India | 23.4 | 34.0 | 14.8 | 89.4 | 56.3% |
| Turkey | 14.3 | 7.1 | 3.8 | 42.7 | 44.0% |
| Romania | 14.3 | 3.4 | 31.7 | 39.5 | 40.3% |
| Slovenia | 31.5 | 15.6 | 8.6 | 24.6 | -7.9% |
| Others | 241 | 188 | 399 | 15.9 | -59.6% |
| Total | 604 | 356 | 763 | 708 | 5.4% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Morocco in 2022:
- China (143.2 tons)
- France (88.2 tons)
- Germany (30.2 tons)
- Slovenia (20.0 tons)
- India (12.3 tons)
- Turkey (11.0 tons)
- Romania (9.0 tons)
Exports of Phosphates; N.E.S in Item No. 2835.2 in Morocco
In 2022, shipments abroad of phosphates; n.e.s in item no. 2835.2s decreased by 99.9% to 120 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous setback. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. As a result, the exports reached the peak of 5.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of phosphates; n.e.s in item no. 2835.2s reduced rapidly to $258 in 2022. Overall, exports faced a precipitous decline. The pace of growth was the most pronounced in 2020 when exports increased by 71%. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Phosphates; N.E.S in Item No. 2835.2 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | N/A | N/A | N/A | 0.2 | 0% |
| Mauritania | 18.3 | 1.4 | 0.7 | 0.1 | -82.4% |
| Singapore | N/A | N/A | 54.4 | N/A | 0% |
| Estonia | N/A | 85.4 | N/A | N/A | 0% |
| Algeria | N/A | 1,863 | N/A | N/A | 0% |
| Taiwan (Chinese) | 1,221 | 174 | 81.1 | N/A | -74.2% |
| Others | 19.0 | 31.6 | 26.7 | N/A | 18.5% |
| Total | 1,259 | 2,155 | 163 | 0.3 | -93.8% |
Top Export Markets for Phosphates; N.E.S in Item No. 2835.2 from Morocco in 2022:
- Burkina Faso (100.0 kg)
- Mauritania (20.0 kg)
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