Liquefied Butanes Price in Morocco - 2022

Contents:

1. Liquefied Butanes Price in Morocco (CIF) - 2022
2. Liquefied Butanes Price in Morocco (FOB) - 2022
3. Liquefied Butanes Imports in Morocco
4. Liquefied Butanes Exports in Morocco

Liquefied Butanes Price in Morocco (CIF) - 2022

The average liquefied butanes import price stood at $649 per ton in December 2022, which is down by -1.9% against the previous month. Over the period under review, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in March 2022 an increase of 6% against the previous month. The import price peaked at $940 per ton in April 2022; however, from May 2022 to December 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the highest price was recorded for prices from the UK ($721 per ton) and France ($691 per ton), while the price for the United States ($638 per ton) and Spain ($677 per ton) were amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the UK (-1.3%), while the prices for the other major suppliers experienced a decline.

Liquefied Butanes Price in Morocco (FOB) - 2022

The average liquefied butanes export price stood at $559 per ton in 2021, leveling off at the previous year. Overall, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 8.4%. Over the period under review, the average export prices reached the maximum at $1,912 per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Senegal ($622 per ton), while the average price for exports to the Netherlands totaled $540 per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-16.8%).

Liquefied Butanes Imports in Morocco

Liquefied butanes imports into Morocco was estimated at 2.8M tons in 2022, picking up by 7.4% on 2021. In general, imports enjoyed a pronounced expansion. The growth pace was the most rapid in 2021 with an increase of 112%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, liquefied butanes imports soared to $2.2B in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 191%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Liquefied Butanes to Morocco in 2022:

1. United States (1103.3K tons)
2. Algeria (401.3K tons)
3. Spain (329.6K tons)
4. United Kingdom (99.3K tons)
5. France (68.8K tons)
6. Estonia (61.3K tons)
7. Norway (3.4K tons)

Liquefied Butanes Exports in Morocco

In 2022, shipments abroad of liquefied butaneses decreased by -50% to 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a abrupt setback.

In value terms, liquefied butanes exports declined dramatically to $779K in 2022. Overall, exports saw a abrupt decline.

Top Export Markets for Liquefied Butanes from Morocco in 2022:

1. Netherlands (1722.7 tons)
2. Senegal (636.7 tons)

Source: IndexBox Market Intelligence Platform