Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco - 2023

Contents:

1. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco (CIF) - 2022
2. Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco (FOB) - 2022
3. Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco
4. Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco (CIF) - 2022

The average import price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $6,148 per ton in 2022, rising by 8% against the previous year. In general, the import price, however, continues to indicate a slight curtailment. The import price peaked at $7,124 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,058 per ton), while the price for Turkey ($4,652 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.8%), while the prices for the other major suppliers experienced a decline.

Price for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco (FOB) - 2022

The average export price for cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses stood at $5,393 per ton in 2022, shrinking by -11.5% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 75%. The export price peaked at $22,374 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($7,212 per ton), while the average price for exports to Algeria ($4,032 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+64.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco

Imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses into Morocco skyrocketed to 2.8K tons in 2022, picking up by 19% compared with the previous year's figure. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses surged to $17M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +48.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms to Morocco in 2022:

1. Germany (759.0 tons)
2. China (643.9 tons)
3. Netherlands (582.1 tons)
4. Sweden (414.0 tons)
5. Belgium (132.7 tons)
6. Turkey (99.5 tons)
7. South Korea (87.0 tons)

Exports of Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms in Morocco

Exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses from Morocco surged to 42 tons in 2022, increasing by 28% compared with 2021 figures. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 986%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of cellulose ethers; (other than carboxymethylcellulose and its salts), in primary formses rose remarkably to $229K in 2022. In general, exports posted a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 910% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Cellulose Ethers; (Other than Carboxymethylcellulose and Its Salts), in Primary Forms from Morocco in 2022:

1. Algeria (24.0 tons)
2. Mauritania (15.0 tons)
3. Tunisia (3.0 tons)

Source: IndexBox Market Intelligence Platform