Price for Silicates; Commercial Alkali Metal Silicates in Morocco - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Morocco (CIF) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Morocco (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates in Morocco
- Exports of Silicates; Commercial Alkali Metal Silicates in Morocco
Price for Silicates; Commercial Alkali Metal Silicates in Morocco (CIF) - 2022
In December 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $505 per ton, shrinking by -20.4% against the previous month. In general, the import price, however, continues to indicate a perceptible expansion. The pace of growth was the most pronounced in May 2022 an increase of 177% against the previous month. The import price peaked at $1,811 per ton in July 2022; however, from August 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,134 per ton), while the price for Egypt totaled $490 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.9%).
Price for Silicates; Commercial Alkali Metal Silicates in Morocco (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicateses amounted to $510 per ton, declining by -28.6% against the previous year. In general, the export price, however, enjoyed moderate growth. The pace of growth was the most pronounced in 2018 an increase of 76%. The export price peaked at $999 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($516 per ton), while the average price for exports to Mauritania stood at $434 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; Commercial Alkali Metal Silicates in Morocco
In 2022, approx. 8.1K tons of silicates; commercial alkali metal silicateses were imported into Morocco; surging by 9.5% on the previous year. Overall, imports, however, recorded a mild curtailment.
In value terms, silicates; commercial alkali metal silicates imports surged to $5.3M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Commercial Alkali Metal Silicates in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 958 | 1,125 | 1,463 | 3,329 | 51.5% |
| Spain | 1,627 | 781 | 1,006 | 1,759 | 2.6% |
| Turkey | 111 | 49.8 | 60.4 | 1.2 | -77.9% |
| Saudi Arabia | 296 | 263 | 235 | N/A | -10.9% |
| Others | 1,004 | 823 | 944 | 230 | -38.8% |
| Total | 3,996 | 3,042 | 3,709 | 5,319 | 10.0% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Morocco in 2022:
- Turkey (undefinedK tons)
- Egypt (6.9K tons)
- Spain (1.0K tons)
Exports of Silicates; Commercial Alkali Metal Silicates in Morocco
For the fourth consecutive year, Morocco recorded growth in overseas shipments of silicates; commercial alkali metal silicateses, which increased by 362% to 22 tons in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, silicates; commercial alkali metal silicates exports skyrocketed to $11K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Silicates; Commercial Alkali Metal Silicates in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 0.7 | 1.6 | 2.2 | 10.5 | 146.6% |
| Mauritania | N/A | 0.1 | 0.1 | 0.7 | 164.6% |
| Others | 0.3 | 0.2 | 1.1 | N/A | 91.5% |
| Total | 1.0 | 1.9 | 3.4 | 11.1 | 123.1% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Morocco in 2022:
- Senegal (20.3 tons)
- Mauritania (1.6 tons)
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