Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Morocco - 2023
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Morocco (CIF) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Morocco
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Morocco (CIF) - 2022
The average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $4,427 per ton in 2022, with a decrease of -10.2% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of 49% against the previous year. Over the period under review, average import prices hit record highs at $31,029 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.3% per year.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Morocco
Imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves into Morocco soared to 70 tons in 2022, rising by 105% compared with the year before. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 492% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves surged to $308K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 302%. As a result, imports reached the peak of $419K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 43.2 | 243 | 118 | 295 | 89.7% |
| Italy | 11.6 | 14.2 | 8.8 | N/A | -12.9% |
| Others | 49.3 | 162 | 41.2 | 12.9 | -36.0% |
| Total | 104 | 419 | 168 | 308 | 43.6% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Morocco in 2022:
- India (68.6 tons)
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