Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco - 2023
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco (FOB) - 2023
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco (CIF) - 2023
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco (FOB) - 2023
The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $482 per ton in June 2023, waning by -11.1% against the previous month. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in May 2023 an increase of 13% month-to-month. The export price peaked at $1,141 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In June 2023, the highest price was recorded for prices to Nepal ($662 per ton) and Spain ($543 per ton), while the average price for exports to Brazil ($459 per ton) and the Netherlands ($463 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (0.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco (CIF) - 2023
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $2,771 per ton in June 2023, with an increase of 33% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 55% m-o-m. Over the period under review, average import prices reached the maximum at $3,187 per ton in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($4,662 per ton), while the price for Slovenia ($1,549 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 France (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco
In 2022, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from Morocco soared to 121K tons, jumping by 331% on 2021 figures. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses surged to $113M in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 2.1 | 4.5 | 65.3 | 457.6% |
| United Kingdom | N/A | N/A | 2.6 | 8.3 | 219.2% |
| Saudi Arabia | N/A | N/A | N/A | 7.4 | 0% |
| Ireland | N/A | N/A | 7.5 | 4.9 | -34.7% |
| Spain | N/A | N/A | N/A | 4.7 | 0% |
| Poland | N/A | N/A | N/A | 3.5 | 0% |
| Greece | N/A | N/A | N/A | 2.7 | 0% |
| Turkey | N/A | N/A | N/A | 2.6 | 0% |
| Colombia | N/A | 1.4 | N/A | 1.8 | 13.4% |
| Germany | N/A | N/A | N/A | 1.5 | 0% |
| Egypt | 1.7 | N/A | N/A | 0.4 | -38.3% |
| Algeria | N/A | 1.8 | N/A | N/A | 0% |
| Others | 1.0 | 0.4 | 0.3 | 9.9 | 114.7% |
| Total | 2.8 | 5.8 | 15.0 | 113 | 243.0% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Morocco in 2022:
- Brazil (71.1K tons)
- United Kingdom (8.7K tons)
- Saudi Arabia (7.1K tons)
- Ireland (5.3K tons)
- Spain (5.2K tons)
- Poland (3.1K tons)
- Greece (3.0K tons)
- Turkey (2.6K tons)
- Germany (2.0K tons)
- Colombia (1.5K tons)
- Egypt (0.4K tons)
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco
In 2022, after three years of growth, there was significant decline in overseas purchases of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, when their volume decreased by -42.4% to 9.8K tons. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports attained the peak of 17K tons, and then fell notably in the following year.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses fell to $19M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of $21M, and then fell in the following year.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 4.1 | 5.9 | 7.0 | 5.4 | 9.6% |
| France | 2.6 | 2.1 | 2.6 | 3.2 | 7.2% |
| Belgium | 4.9 | 3.4 | 5.0 | 2.9 | -16.0% |
| China | 1.3 | 1.2 | 1.1 | 2.2 | 19.2% |
| Germany | 1.3 | 1.5 | 1.9 | 2.1 | 17.3% |
| United States | 0.7 | 0.7 | 0.9 | 1.2 | 19.7% |
| Russia | 0.8 | 0.7 | 1.2 | 0.5 | -14.5% |
| Others | 0.5 | 0.9 | 1.3 | 1.2 | 33.9% |
| Total | 16.2 | 16.6 | 21.0 | 18.7 | 4.9% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Morocco in 2022:
- Tunisia (3.9K tons)
- Belgium (1.8K tons)
- France (1.3K tons)
- China (1.0K tons)
- Germany (0.5K tons)
- United States (0.4K tons)
- Russia (0.3K tons)
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