Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco - 2023

Contents:

  1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco (CIF) - 2023
  2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco (FOB) - 2022
  3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco
  4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco (CIF) - 2023

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,067 per ton in June 2023, approximately reflecting the previous month. Over the period under review, the import price saw a deep slump. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 12% m-o-m. The import price peaked at $1,997 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,910 per ton), while the price for Norway ($796 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 Spain (-0.3%), while the prices for the other major suppliers experienced a decline.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco (FOB) - 2022

In 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $2,521 per ton, rising by 65% against the previous year. Over the period under review, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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 the Czech Republic ($3,744 per ton), while the average price for exports to Senegal ($1,932 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 the Czech Republic (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco

In 2022, approx. 85K tons of polymers of vinyl chloride or of other halogenated olefins, in primary formses were imported into Morocco; declining by -5.7% compared with 2021 figures. Overall, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports reached the peak of 90K tons, and then contracted in the following year.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses rose markedly to $147M in 2022. In general, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of 71%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt34.216.323.728.1-6.3%
Russia9.014.218.025.140.8%
Portugal13.18.413.114.53.4%
Spain7.66.89.110.511.4%
Ukraine1.61.220.510.084.2%
Turkey1.72.13.08.873.0%
Norway7.614.310.27.60.0%
Colombia2.32.54.27.347.0%
United States3.21.24.36.828.6%
South Africa2.93.2N/A1.0-29.9%
Others8.78.027.826.845.5%
Total92.078.213414716.9%

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Morocco in 2022:

  1. Egypt (18.0K tons)
  2. Russia (13.9K tons)
  3. Portugal (8.2K tons)
  4. Spain (5.9K tons)
  5. Ukraine (5.5K tons)
  6. Turkey (5.2K tons)
  7. Norway (5.2K tons)
  8. United States (4.3K tons)
  9. Colombia (3.9K tons)
  10. South Africa (0.5K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco

In 2022, overseas shipments of polymers of vinyl chloride or of other halogenated olefins, in primary formses decreased by -47.6% to 182 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a perceptible curtailment. The growth pace was the most rapid in 2020 when exports increased by 1,377%. As a result, the exports attained the peak of 3.1K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses declined to $460K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 913%. As a result, the exports attained the peak of $2.5M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal3.0N/A10.3150268.4%
China14.924.3123141111.5%
Czech RepublicN/A7.7N/A60.8181.0%
Senegal8.47.435.830.954.4%
Spain26.11.150.828.02.4%
Mauritania31.828.70.126.1-6.4%
France37.62.2N/A18.4-21.2%
QatarN/AN/A280N/A0%
TurkeyN/A2,196N/AN/A0%
Others12624430.63.7-69.1%
Total2482,51153146022.9%

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Morocco in 2022:

  1. Portugal (75.8 tons)
  2. China (48.0 tons)
  3. Czech Republic (16.2 tons)
  4. Senegal (16.0 tons)
  5. Mauritania (10.1 tons)
  6. Spain (9.5 tons)
  7. France (5.2 tons)

Source: IndexBox Market Intelligence Platform

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