Price for Dyes; Reactive Dyes and Preparations Based Thereon in Morocco - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Morocco (CIF) - 2023
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Morocco (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Morocco
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Morocco
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Morocco (CIF) - 2023
The average import price for dyes; reactive dyes and preparations based therea stood at $5,533 per ton in June 2023, jumping by 26% against the previous month. Over the period under review, import price indicated modest growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, import price for dyes; reactive dyes and preparations based therea decreased by -19.4% against April 2023 indices. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 88% m-o-m. As a result, import price reached the peak level of $7,947 per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($25,468 per ton), while the price for Belgium ($2,529 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Morocco (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $7,193 per ton, shrinking by -51.3% against the previous year. Overall, the export price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 148% against the previous year. Over the period under review, the average export prices attained the maximum at $14,756 per ton in 2021, and then shrank dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to +40.3% per year.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Morocco
In 2022, approx. 1.6K tons of dyes; reactive dyes and preparations based therea were imported into Morocco; with an increase of 19% against 2021. Over the period under review, imports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 46%.
In value terms, imports of dyes; reactive dyes and preparations based therea soared to $7.7M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3,587 | 1,355 | 2,181 | 2,915 | -6.7% |
| Belgium | 1,923 | 991 | 1,733 | 2,320 | 6.5% |
| Thailand | 511 | 350 | 598 | 800 | 16.1% |
| South Korea | 830 | 674 | 541 | 780 | -2.0% |
| Switzerland | 226 | 212 | 321 | 260 | 4.8% |
| Portugal | 156 | 84.9 | 161 | 255 | 17.8% |
| China | 308 | 83.7 | 240 | 186 | -15.5% |
| Others | 367 | 552 | 567 | 227 | -14.8% |
| Total | 7,908 | 4,304 | 6,342 | 7,742 | -0.7% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Morocco in 2022:
- Belgium (909.6 tons)
- India (441.0 tons)
- South Korea (106.2 tons)
- Portugal (42.6 tons)
- Thailand (33.7 tons)
- Switzerland (22.4 tons)
- China (22.0 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Morocco
In 2022, after three years of growth, there was significant decline in shipments abroad of dyes; reactive dyes and preparations based therea, when their volume decreased by -97.9% to 290 kg. In general, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 20% against the previous year.
In value terms, exports of dyes; reactive dyes and preparations based therea plummeted to $2.1K in 2022. Over the period under review, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 82%.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 2.1 | 0% |
| Germany | N/A | 141 | N/A | N/A | 0% |
| France | 1.9 | N/A | 83.5 | N/A | 562.9% |
| Tunisia | 94.9 | 37.6 | 124 | N/A | 14.3% |
| Others | 1.3 | N/A | N/A | N/A | 0% |
| Total | 98.0 | 178 | 207 | 2.1 | -72.2% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Morocco in 2022:
- Spain (290.0 kg)
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