Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Morocco - 2023

Contents:

  1. Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Morocco (CIF) - 2022
  2. Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Morocco

Price for Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Morocco (CIF) - 2022

In 2022, the average import price for alkaloids, vegetable; of cinchona and their derivatives; salts thereoves amounted to $174,659 per ton, rising by 156% against the previous year. Overall, the import price enjoyed significant growth. As a result, import price attained the peak level and is likely to continue 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 ($175,850 per ton), while the price for Germany amounted to $175,000 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by India (+87.9%).

Imports of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Morocco

Imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves into Morocco surged to 123 kg in 2022, jumping by 2,975% against 2021. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 30,900% against the previous year. As a result, imports attained the peak of 310 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of alkaloids, vegetable; of cinchona and their derivatives; salts thereoves surged to $21K in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 35,846%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.120.5N/A21.1495.3%
GermanyN/AN/AN/A0.30%
SingaporeN/AN/A0.1N/A0%
OthersN/AN/A0.1N/A0%
Total0.120.50.321.5499.1%

Top Suppliers of Alkaloids, Vegetable; of Cinchona and Their Derivatives; Salts Thereof to Morocco in 2022:

  1. India (120.0 kg)
  2. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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