Salts; Tungstates (Wolframates) Price in Morocco - 2022

Contents:

  1. Salts; Tungstates (Wolframates) Price in Morocco (CIF) - 2022
  2. Salts; Tungstates (Wolframates) Imports in Morocco

Salts; Tungstates (Wolframates) Price in Morocco (CIF) - 2022

In 2022, the average salts; tungstates (wolframates) import price amounted to $152,957 per ton, which is down by -64.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 203% against the previous year. Over the period under review, average import prices hit record highs at $551,667 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($598,167 per ton), while the price for France ($73,027 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Salts; Tungstates (Wolframates) Imports in Morocco

In 2022, approx. 6 kg of salts; tungstates (wolframates) were imported into Morocco; rising by 100% on the previous year's figure. In general, imports, however, showed a drastic downturn.

In value terms, salts; tungstates (wolframates) imports reduced sharply to $867 in 2022. Over the period under review, imports, however, recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 11,308%.

Import of Salts; Tungstates (Wolframates) in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany951N/A1,231269-34.4%
France284N/A185256-3.4%
United States3,730N/AN/A243-59.8%
IndiaN/A13.067.099.0176.0%
OthersN/AN/AN/AN/A0%
Total4,96513.01,483867-44.1%

Top Suppliers of Salts; Tungstates (Wolframates) to Morocco in 2022:

  1. France (4.0 kg)
  2. United States (1.0 kg)
  3. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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