Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco - 2023
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco (CIF) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco (FOB) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco (CIF) - 2022
In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,083 per ton, picking up by 14% against the previous year. In general, the import price, however, recorded a pronounced decline. The import price peaked at $2,579 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($3,676 per ton), while the price for France ($886 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco (FOB) - 2022
In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $920 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw mild growth. The pace of growth appeared the most rapid in 2017 an increase of 93%. Over the period under review, the average export prices reached the peak figure at $4,421 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($4,389 per ton), while the average price for exports to Mauritania totaled $779 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (-0.5%).
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco
In 2022, after three years of growth, there was significant decline in overseas purchases of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, when their volume decreased by -28.3% to 525 tons. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses declined markedly to $1.1M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of $1.3M, and then contracted significantly in the following year.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 206 | 127 | 525 | 862 | 61.1% |
| Netherlands | 71.6 | 140 | 55.4 | 97.0 | 10.7% |
| Brazil | 45.5 | 44.5 | 162 | 64.9 | 12.6% |
| Germany | 39.5 | 146 | 28.1 | 51.5 | 9.2% |
| France | 33.1 | 40.0 | 12.2 | 4.5 | -48.6% |
| Thailand | 38.2 | 39.3 | 50.7 | N/A | 15.2% |
| Belgium | 37.4 | 17.7 | 190 | N/A | 125.4% |
| Others | 226 | 308 | 314 | 13.6 | -60.8% |
| Total | 698 | 862 | 1,338 | 1,093 | 16.1% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Morocco in 2022:
- China (442.6 tons)
- Brazil (33.0 tons)
- Netherlands (26.4 tons)
- Germany (16.0 tons)
- France (5.0 tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco
In 2022, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses from Morocco totaled 20 tons, growing by 1.8% against 2021 figures. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 220%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $18K in 2022. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 51%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 8.7 | 10.4 | 15.4 | 15.1 | 20.2% |
| France | 1.3 | 1.8 | 3.0 | 3.4 | 37.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.9 | 12.2 | 18.4 | 18.5 | 23.2% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Morocco in 2022:
- Mauritania (19.3 tons)
- France (0.8 tons)
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