Price for Alkaloids, Vegetable; Caffeine and Its Salts in Morocco - 2023
Contents:
- Price for Alkaloids, Vegetable; Caffeine and Its Salts in Morocco (CIF) - 2022
- Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Morocco
Price for Alkaloids, Vegetable; Caffeine and Its Salts in Morocco (CIF) - 2022
The average import price for alkaloids, vegetable; caffeine and its saltses stood at $34,486 per ton in 2022, growing by 30% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alkaloids, vegetable; caffeine and its saltses increased by +29.6% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
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 China ($40,314 per ton), while the price for Switzerland ($22,919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alkaloids, Vegetable; Caffeine and Its Salts in Morocco
After three years of growth, purchases abroad of alkaloids, vegetable; caffeine and its saltses decreased by -2.5% to 9.9 tons in 2022. The total import volume increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 10 tons, and then reduced in the following year.
In value terms, imports of alkaloids, vegetable; caffeine and its saltses skyrocketed to $343K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Alkaloids, Vegetable; Caffeine and Its Salts in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.3 | 48.9 | 69.5 | 252 | 74.7% |
| Germany | 32.8 | 33.7 | 42.4 | 68.6 | 27.9% |
| Switzerland | 5.0 | 5.2 | 7.0 | 20.6 | 60.3% |
| Spain | 0.7 | 5.5 | 5.6 | N/A | 182.8% |
| Italy | 11.5 | 15.5 | 30.9 | N/A | 63.9% |
| Others | 70.2 | 80.2 | 115 | 1.5 | -72.3% |
| Total | 168 | 189 | 270 | 343 | 26.9% |
Top Suppliers of Alkaloids, Vegetable; Caffeine and Its Salts to Morocco in 2022:
- China (6.3 tons)
- Germany (2.8 tons)
- Switzerland (0.9 tons)
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