Salts; Molybdates Price in Morocco - 2022
Contents:
Salts; Molybdates Price in Morocco (CIF) - 2022
The average salts; molybdates import price stood at $36,847 per ton in 2022, surging by 24% against the previous year. In general, the import price continues to indicate a mild increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Germany ($141,441 per ton), while the price for the United States ($15,222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Molybdates Imports in Morocco
In 2022, the amount of salts; molybdateses imported into Morocco surged to 2.5 tons, jumping by 65% compared with the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.5% against 2020 indices.
In value terms, salts; molybdates imports soared to $92K in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Salts; Molybdates in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.5 | 9.8 | 8.3 | 32.0 | 133.9% |
| India | 1.8 | 4.7 | 1.7 | 18.2 | 116.2% |
| China | 2.3 | 5.8 | 4.4 | 17.6 | 97.1% |
| Spain | 2.4 | 14.1 | 10.4 | 16.5 | 90.1% |
| France | 0.2 | 0.6 | 0.2 | 1.5 | 95.7% |
| United States | 0.1 | 0.6 | 0.1 | 1.4 | 141.0% |
| Italy | 0.2 | 0.9 | 1.1 | N/A | 134.5% |
| Saudi Arabia | 22.9 | N/A | N/A | N/A | 0% |
| Others | 8.0 | 29.8 | 18.9 | 5.1 | -13.9% |
| Total | 40.4 | 66.3 | 45.0 | 92.3 | 31.7% |
Top Suppliers of Salts; Molybdates to Morocco in 2022:
- Netherlands (1000.0 kg)
- China (500.0 kg)
- Spain (415.0 kg)
- India (413.0 kg)
- United States (90.0 kg)
- France (39.0 kg)
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