Sulphides; of Sodium Price in Morocco - 2022
Contents:
Sulphides; of Sodium Price in Morocco (CIF) - 2022
The average sulphides; of sodium import price stood at $1,238 per ton in 2022, surging by 63% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides; of sodium import price increased by +111.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($1,358 per ton), while the price for France ($792 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphides; of Sodium Imports in Morocco
In 2022, imports of sulphides; of sodia into Morocco surged to 6.1K tons, picking up by 40% compared with 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphides; of sodium imports surged to $7.6M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphides; of Sodium in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 479 | 1,183 | 753 | 4,049 | 103.7% |
| Germany | 129 | 273 | 345 | 1,761 | 139.0% |
| Turkey | N/A | N/A | 245 | 1,125 | 359.2% |
| Italy | 89.5 | 137 | 61.2 | 338 | 55.7% |
| Spain | 401 | 113 | 303 | 126 | -32.0% |
| Belgium | 470 | 356 | 414 | 79.8 | -44.6% |
| France | 67.2 | 73.7 | 62.4 | 62.1 | -2.6% |
| Others | 962 | 678 | 1,133 | 38.3 | -65.9% |
| Total | 2,598 | 2,815 | 3,317 | 7,579 | 42.9% |
Top Suppliers of Sulphides; of Sodium to Morocco in 2022:
- China (3135.0 tons)
- Germany (1598.7 tons)
- Turkey (828.0 tons)
- Italy (285.6 tons)
- Spain (96.0 tons)
- Belgium (80.0 tons)
- France (78.4 tons)
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