Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco (CIF) - 2023
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco (CIF) - 2023
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,853 per ton in December 2022, dropping by -12.2% against the previous month. In general, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in September 2022 an increase of 4,579% month-to-month. As a result, import price reached the peak level of $138K per ton. From October 2022 to December 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Belgium ($3,165 per ton), while the price for China ($2,548 per ton) was amongst the lowest.
From June 2022 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,116 per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a significant curtailment. The pace of growth was the most pronounced in 2020 a decrease of 99.9%. The export price peaked at $157,034 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($3,235 per ton), while the average price for exports to Mauritania stood at $3,106 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco
After two years of decline, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by 51% to 1.2K tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses soared to $3.6M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 595 | 387 | 502 | 1,558 | 37.8% |
| Belgium | 415 | 590 | 810 | 1,080 | 37.5% |
| China | 189 | 259 | 120 | 423 | 30.8% |
| France | 351 | 524 | 76.4 | 332 | -1.8% |
| Spain | 32.3 | 40.6 | 84.9 | 130 | 59.1% |
| Netherlands | 269 | 216 | 141 | 74.4 | -34.8% |
| Others | 4.3 | 5.1 | 6.1 | 7.9 | 22.5% |
| Total | 1,856 | 2,022 | 1,740 | 3,605 | 24.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Morocco in 2022:
- United States (636.9 tons)
- Belgium (384.0 tons)
- China (108.0 tons)
- Spain (55.7 tons)
- France (31.6 tons)
- Netherlands (22.2 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco
In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by 0% to 5.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $16K in 2022. Over the period under review, exports showed a deep downturn. The smallest decline of 99.9% was in 2020.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | N/A | N/A | N/A | 15.0 | 0% |
| Senegal | N/A | N/A | N/A | 1.3 | 0% |
| France | 27.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | 27.3 | N/A | N/A | 16.4 | -15.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Morocco in 2022:
- Mauritania (4.8 tons)
- Senegal (0.4 tons)
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