Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $491 per ton in 2022, rising by 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($795 per ton), while the price for Egypt stood at $482 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $492 per ton in 2022, remaining constant against the previous year. In general, the export price saw perceptible growth. The pace of growth was the most pronounced in 2017 when the average export price decreased by 99.9%. The export price peaked at $1,740 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($506 per ton), while the average price for exports to Mauritania totaled $102 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+2.7%).
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco
In 2022, approx. 7.1K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Morocco; growing by 15% against 2021. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s surged to $3.5M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 982 | 1,271 | 1,579 | 3,329 | 50.2% |
| Spain | 685 | 263 | 25.8 | 151 | -39.6% |
| Saudi Arabia | 342 | 305 | 253 | N/A | -14.0% |
| Others | 162 | 209 | 243 | 8.9 | -62.0% |
| Total | 2,171 | 2,049 | 2,101 | 3,489 | 17.1% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Morocco in 2022:
- Egypt (6.9K tons)
- Spain (0.2K tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s exported from Morocco dropped dramatically to 1.5 tons, falling by -50% compared with 2021 figures. Overall, exports recorded a dramatic descent.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s contracted rapidly to $733 in 2022. In general, exports showed a dramatic curtailment.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Senegal | 1,447 | 718 | -50.4% | ||
| Mauritania | 12.0 | 5.0 | -58.3% | ||
| Others | 7.0 | 10.0 | 42.9% | ||
| Total | 1,466 | 733 | -50.0% | ||
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Morocco in 2022:
- Senegal (1419.0 kg)
- Mauritania (49.0 kg)
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