Carbonates; Barium Carbonate Price in Morocco - 2022
Contents:
- Carbonates; Barium Carbonate Price in Morocco (CIF) - 2022
- Carbonates; Barium Carbonate Price in Morocco (FOB) - 2022
- Carbonates; Barium Carbonate Imports in Morocco
- Carbonates; Barium Carbonate Exports in Morocco
Carbonates; Barium Carbonate Price in Morocco (CIF) - 2022
The average carbonates; barium carbonate import price stood at $985 per ton in 2022, rising by 24% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbonates; barium carbonate import price increased by +20.6% against 2016 indices. The growth pace was the most rapid in 2016 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,004 per ton), while the price for Italy ($533 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Barium Carbonate Price in Morocco (FOB) - 2022
The average carbonates; barium carbonate export price stood at $41 per ton in 2022, picking up by 10% against the previous year. Overall, the export price, however, showed a deep contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 46%. As a result, the export price attained the peak level of $491 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ghana.
From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to -19.0% per year.
Carbonates; Barium Carbonate Imports in Morocco
Carbonates; barium carbonate imports into Morocco soared to 144 tons in 2022, increasing by 254% compared with 2021. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; barium carbonate imports skyrocketed to $142K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Barium Carbonate in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.9 | 12.2 | 9.5 | 81.3 | 68.8% |
| India | 15.2 | 6.6 | 16.4 | 53.5 | 52.1% |
| Italy | 0.1 | 0.6 | 2.7 | 4.1 | 244.8% |
| Others | 1.3 | 2.2 | 3.8 | 2.6 | 26.0% |
| Total | 33.4 | 21.5 | 32.3 | 142 | 62.0% |
Top Suppliers of Carbonates; Barium Carbonate to Morocco in 2022:
- China (81.0 tons)
- India (54.0 tons)
- Italy (7.7 tons)
Carbonates; Barium Carbonate Exports in Morocco
In 2022, after three years of growth, there was decline in shipments abroad of carbonates; barium carbonates, when their volume decreased by -1.3% to 38K tons. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 20% against the previous year.
In value terms, carbonates; barium carbonate exports rose markedly to $1.6M in 2022. In general, exports saw a deep contraction.
| Export of Carbonates; Barium Carbonate in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 2.0 | 1.7 | 1.4 | 1.6 | -7.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 1.7 | 1.4 | 1.6 | -7.2% |
Top Export Markets for Carbonates; Barium Carbonate from Morocco in 2022:
- Ghana (37.7K tons)
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