Price for Carbides; of Silicon, Whether or Not Chemically Defined in Morocco - 2023
Contents:
- Price for Carbides; of Silicon, Whether or Not Chemically Defined in Morocco (CIF) - 2022
- Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Morocco
Price for Carbides; of Silicon, Whether or Not Chemically Defined in Morocco (CIF) - 2022
The average import price for carbides; of silicon, whether or not chemically defineds stood at $2,384 per ton in 2022, increasing by 38% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 carbides; of silicon, whether or not chemically defineds increased by +80.5% against 2016 indices. As a result, import price attained the peak level and is likely to continue 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 Ukraine ($2,499 per ton), while the price for Germany ($1,556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Carbides; of Silicon, Whether or Not Chemically Defined in Morocco
In 2022, the amount of carbides; of silicon, whether or not chemically defineds imported into Morocco declined sharply to 234 tons, waning by -24.5% against 2021. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of 310 tons, and then reduced remarkably in the following year.
In value terms, imports of carbides; of silicon, whether or not chemically defineds reached $557K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Carbides; of Silicon, Whether or Not Chemically Defined in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 20.2 | 36.3 | 309 | 280.7% |
| Italy | 87.5 | 42.6 | 64.0 | 125 | 12.6% |
| Russia | 155 | 43.5 | 157 | 57.1 | -28.3% |
| India | 0.1 | N/A | N/A | 40.6 | 640.5% |
| Ukraine | 12.4 | 12.3 | 12.1 | 16.0 | 8.9% |
| Spain | 5.5 | 15.0 | 33.1 | 3.6 | -13.2% |
| Belgium | 99.5 | 86.2 | 131 | N/A | 14.7% |
| Others | 72.6 | 60.1 | 102 | 5.2 | -58.5% |
| Total | 438 | 280 | 536 | 557 | 8.3% |
Top Suppliers of Carbides; of Silicon, Whether or Not Chemically Defined to Morocco in 2022:
- China (127.0 tons)
- Italy (50.2 tons)
- Russia (27.0 tons)
- India (21.0 tons)
- Ukraine (6.4 tons)
- Spain (1.7 tons)
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