Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Morocco - 2023
Contents:
- Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Morocco (CIF) - 2022
- Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Morocco
Price for Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Morocco (CIF) - 2022
The average import price for aldehydes; cyclic, without other oxygen function, other than benzaldehydes stood at $7,306 per ton in 2022, growing by 4.8% against the previous year. Overall, the import price showed a pronounced expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 81%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($8,604 per ton), while the price for Germany amounted to $7,162 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Morocco
In 2022, supplies from abroad of aldehydes; cyclic, without other oxygen function, other than benzaldehydes decreased by -40.4% to 6.2 tons, falling for the second consecutive year after two years of growth. In general, imports saw a slight downturn. The pace of growth was the most pronounced in 2020 when imports increased by 62%. As a result, imports attained the peak of 10 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of aldehydes; cyclic, without other oxygen function, other than benzaldehydes dropped dramatically to $46K in 2022. Over the period under review, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 60%.
| Import of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.1 | 48.2 | 52.2 | 43.0 | 15.2% |
| India | 1.5 | 2.1 | 3.0 | 1.9 | 8.2% |
| Spain | 1.0 | 1.1 | 1.1 | N/A | 4.9% |
| France | 1.1 | 1.9 | 1.5 | N/A | 16.8% |
| Italy | 5.6 | 5.9 | 5.7 | N/A | 0.9% |
| Others | 4.9 | 8.4 | 9.4 | 0.6 | -50.3% |
| Total | 42.2 | 67.6 | 72.9 | 45.5 | 2.5% |
Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Other than Benzaldehyde to Morocco in 2022:
- Germany (6.0 tons)
- India (0.2 tons)
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