Silicates; Sodium Metasilicates Price in Morocco - 2022
Contents:
- Silicates; Sodium Metasilicates Price in Morocco (CIF) - 2022
- Silicates; Sodium Metasilicates Price in Morocco (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Morocco
- Silicates; Sodium Metasilicates Exports in Morocco
Silicates; Sodium Metasilicates Price in Morocco (CIF) - 2022
In 2022, the average silicates; sodium metasilicates import price amounted to $680 per ton, surging by 22% against the previous year. Over the period under review, the import price showed noticeable growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($726 per ton), while the price for the Netherlands ($640 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Silicates; Sodium Metasilicates Price in Morocco (FOB) - 2022
The average silicates; sodium metasilicates export price stood at $516 per ton in 2022, waning by -26.7% against the previous year. In general, the export price saw a mild slump. The pace of growth was the most pronounced in 2014 an increase of 72% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,725 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Senegal.
From 2012 to 2022, the rate of growth in terms of prices for Senegal amounted to -1.2% per year.
Silicates; Sodium Metasilicates Imports in Morocco
In 2022, the amount of silicates; sodium metasilicateses imported into Morocco dropped rapidly to 104 tons, declining by -44.9% against 2021. Over the period under review, imports recorded a significant curtailment. The smallest decline of -36.2% was in 2021.
In value terms, silicates; sodium metasilicates imports fell remarkably to $71K in 2022. In general, imports faced a sharp decline. The smallest decline of -18.3% was in 2021.
| Import of Silicates; Sodium Metasilicates in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 45.4 | 28.4 | 12.7 | 30.5 | -12.4% |
| Netherlands | 32.7 | 30.7 | 14.7 | 26.9 | -6.3% |
| Belgium | 6.8 | 6.6 | 2.9 | 13.2 | 24.7% |
| China | 5.3 | 4.4 | 1.4 | N/A | -48.6% |
| United Kingdom | N/A | N/A | 49.7 | N/A | 0% |
| Egypt | 124 | 26.0 | 11.0 | N/A | -70.2% |
| Others | 47.3 | 32.5 | 12.6 | 0.1 | -87.2% |
| Total | 261 | 129 | 105 | 70.7 | -35.3% |
Top Suppliers of Silicates; Sodium Metasilicates to Morocco in 2022:
- Netherlands (42.0 tons)
- Spain (42.0 tons)
- Belgium (20.0 tons)
Silicates; Sodium Metasilicates Exports in Morocco
In 2022, the amount of silicates; sodium metasilicateses exported from Morocco skyrocketed to 20 tons, rising by 361% on the previous year. Over the period under review, exports showed 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; sodium metasilicates exports surged to $10K 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.
| Export of Silicates; Sodium Metasilicates in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 3.9 | 3.6 | 2.5 | 10.5 | 39.1% |
| Mauritania | N/A | N/A | 0.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.9 | 3.6 | 3.1 | 10.5 | 39.1% |
Top Export Markets for Silicates; Sodium Metasilicates from Morocco in 2022:
- Senegal (20.3 tons)
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