Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco (CIF) - 2023
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco (FOB) - 2022
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco (CIF) - 2023
In June 2023, the average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $1,393 per ton, waning by -2.2% against the previous month. In general, the import price saw a perceptible decline. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 11% against the previous month. Over the period under review, average import prices hit record highs at $2,477 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($5,539 per ton), while the price for India ($757 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco (FOB) - 2022
The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $2,521 per ton in 2022, increasing by 35% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 81% against the previous year. As a result, the export price attained the peak level of $3,298 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Senegal ($2,910 per ton) and Mauritania ($2,489 per ton), while the average price for exports to Pakistan ($2,091 per ton) and the United Arab Emirates ($2,095 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco
In 2022, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Morocco shrank to 13K tons, waning by -7.1% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports reached the peak of 14K tons, and then fell in the following year.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses expanded markedly to $26M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.4 | 3.4 | 3.9 | 4.8 | 26.0% |
| Spain | 1.8 | 1.5 | 4.2 | 4.0 | 30.5% |
| France | 2.4 | 2.2 | 2.5 | 3.6 | 14.5% |
| Brazil | 0.2 | 0.5 | 0.7 | 2.1 | 119.0% |
| China | 0.7 | 1.0 | 1.2 | 1.8 | 37.0% |
| Malaysia | 0.7 | 0.6 | 0.7 | 1.6 | 31.7% |
| India | 0.4 | 0.6 | 0.8 | 1.5 | 55.4% |
| Turkey | 0.3 | 0.2 | 0.8 | 0.8 | 38.7% |
| Netherlands | 0.5 | 0.3 | 0.3 | 0.8 | 17.0% |
| Indonesia | 0.3 | 0.1 | 0.1 | 0.8 | 38.7% |
| Russia | 0.7 | 0.2 | 2.7 | 0.8 | 4.6% |
| United States | 0.6 | 0.8 | 0.9 | 0.6 | 0.0% |
| Sweden | 1.5 | 0.3 | 1.4 | 0.3 | -41.5% |
| Others | 2.0 | 1.6 | 2.9 | 2.6 | 9.1% |
| Total | 14.4 | 13.2 | 23.2 | 26.0 | 21.8% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Morocco in 2022:
- Germany (1590.9 tons)
- Spain (1540.2 tons)
- Malaysia (1457.1 tons)
- India (1292.9 tons)
- France (1157.7 tons)
- Brazil (1091.4 tons)
- Turkey (848.6 tons)
- China (617.2 tons)
- Netherlands (500.0 tons)
- United States (430.4 tons)
- Russia (423.5 tons)
- Indonesia (407.8 tons)
- Sweden (123.7 tons)
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco
In 2022, the amount of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses exported from Morocco surged to 36 tons, with an increase of 298% compared with the year before. Overall, exports, however, saw a deep setback.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses surged to $92K in 2022. In general, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 10.9 | 6.0 | 6.6 | 76.8 | 91.7% |
| Senegal | N/A | 0.4 | N/A | 11.6 | 438.5% |
| Pakistan | N/A | N/A | N/A | 2.6 | 0% |
| United Arab Emirates | N/A | N/A | 10.5 | 0.4 | -96.2% |
| Spain | 21.4 | N/A | N/A | N/A | 0% |
| Russia | 26.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.2 | N/A | 0.2 | -69.8% |
| Total | 59.3 | 8.5 | 17.1 | 91.6 | 15.6% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Morocco in 2022:
- Mauritania (30.8 tons)
- Senegal (4.0 tons)
- Pakistan (1.3 tons)
- United Arab Emirates (0.2 tons)
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