Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Morocco - 2023
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Morocco (CIF) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Morocco
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Morocco (CIF) - 2022
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $5,298 per ton in 2022, jumping by 60% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. The import price peaked at $7,751 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($23,257 per ton), while the price for Spain ($2,445 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Morocco
In 2022, after three years of growth, there was significant decline in supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol, when their volume decreased by -60.6% to 23 tons. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 64%. As a result, imports reached the peak of 57 tons, and then shrank dramatically in the following year.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol dropped dramatically to $120K in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of $190K, and then fell sharply in the following year.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.3 | 33.1 | 25.8 | 30.5 | 1.3% |
| China | 23.2 | 13.3 | 27.9 | 28.0 | 6.5% |
| Netherlands | 6.2 | 5.5 | 7.7 | 19.3 | 46.0% |
| Spain | 5.8 | 8.1 | 34.0 | 18.1 | 46.1% |
| India | 0.4 | 3.8 | 9.5 | 17.6 | 253.0% |
| United States | 1.4 | 2.8 | 1.0 | 4.8 | 50.8% |
| Italy | 4.3 | 3.9 | 3.1 | N/A | -15.1% |
| Others | 52.1 | 51.1 | 81.0 | 1.4 | -70.0% |
| Total | 123 | 122 | 190 | 120 | -0.8% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Morocco in 2022:
- Spain (7.4 tons)
- China (6.4 tons)
- Netherlands (4.2 tons)
- India (2.5 tons)
- Germany (1.3 tons)
- United States (0.4 tons)
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