Price for Mineral Substances Not Elsewhere Specified or Included in Morocco - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Morocco (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Morocco (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Morocco
- Exports of Mineral Substances Not Elsewhere Specified or Included in Morocco
Price for Mineral Substances Not Elsewhere Specified or Included in Morocco (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $340 per ton, picking up by 49% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 mineral substances not elsewhere specified or includeds increased by +88.2% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($664 per ton), while the price for Egypt ($141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Morocco (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $222 per ton, falling by -26.6% against the previous year. Overall, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 an increase of 37%. As a result, the export price attained the peak level of $471 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,838 per ton), while the average price for exports to China ($177 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 France (+18.0%), while the prices for the other major destinations experienced a decline.
Imports of Mineral Substances Not Elsewhere Specified or Included in Morocco
Imports of mineral substances not elsewhere specified or includeds into Morocco contracted dramatically to 19K tons in 2022, with a decrease of -19.2% on 2021 figures. Overall, imports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 3.6% against the previous year.
In value terms, imports of mineral substances not elsewhere specified or includeds skyrocketed to $6.6M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mineral Substances Not Elsewhere Specified or Included in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3,220 | 2,053 | 2,319 | 2,705 | -5.6% |
| France | 973 | 897 | 1,138 | 934 | -1.4% |
| Italy | 381 | 326 | 415 | 603 | 16.5% |
| Finland | 424 | 301 | 372 | 364 | -5.0% |
| Turkey | 318 | 136 | 190 | 288 | -3.2% |
| Egypt | 164 | 51.7 | 83.5 | 274 | 18.7% |
| Greece | 117 | N/A | 25.5 | 131 | 3.8% |
| Vietnam | 297 | 908 | 284 | N/A | -2.2% |
| Others | 377 | 479 | 672 | 1,299 | 51.0% |
| Total | 6,269 | 5,152 | 5,499 | 6,598 | 1.7% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Morocco in 2022:
- Spain (10.0K tons)
- France (2.5K tons)
- Egypt (1.9K tons)
- Turkey (1.3K tons)
- Italy (1.3K tons)
- Finland (0.8K tons)
- Greece (0.7K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Morocco
For the fourth consecutive year, Morocco recorded growth in shipments abroad of mineral substances not elsewhere specified or includeds, which increased by 146% to 18K tons in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mineral substances not elsewhere specified or includeds soared to $3.9M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 75.0 | 51.3 | 257 | 2,222 | 209.4% |
| Austria | 1,378 | 1,431 | 1,532 | 1,435 | 1.4% |
| United States | 154 | 67.0 | 44.6 | 73.6 | -21.8% |
| Others | 78.4 | 344 | 333 | 183 | 32.7% |
| Total | 1,685 | 1,893 | 2,166 | 3,913 | 32.4% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Morocco in 2022:
- China (12.5K tons)
- Austria (4.7K tons)
- United States (0.2K tons)
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