Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $20,169 per ton, increasing by 28% against the previous year. Overall, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $21,464 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 India ($29,492 per ton), while the price for China ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $8,000 per ton in 2022, almost unchanged from the previous year. Overall, the export price saw a sharp contraction. The pace of growth appeared the most rapid in 2020 a decrease of -32%. The export price peaked at $96,750 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2013 to 2022, the rate of growth in terms of prices for France amounted to -31.4% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco

In 2022, approx. 23 tons of polymers, natural; alginic acid, its salts and esters, in primary formses were imported into Morocco; picking up by 39% compared with 2021 figures. Overall, imports showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, imports reached the peak of 37 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses skyrocketed to $459K in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Morocco in 2022:

1. Norway (8.6 tons)
2. France (5.3 tons)
3. Spain (3.3 tons)
4. India (3.1 tons)
5. Italy (1.7 tons)
6. United Kingdom (0.5 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Morocco

Exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Morocco amounted to 1 kg in 2022, remaining constant against the previous year. Over the period under review, exports saw a precipitous slump. The smallest decline of 99.9% was in 2020.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses totaled $8 in 2022. In general, exports showed a sharp setback. The smallest decline of 99.9% was in 2020.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Morocco in 2022:

1. France (1.0 kg)

Source: IndexBox Market Intelligence Platform