Morocco: Market for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) 2022

Market Size for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) in Morocco

After two years of growth, the Moroccan propyl and isopropyl alcohol market decreased by -X% to $X in 2021. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Exports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Exports from Morocco

In 2021, exports of propan-X (propyl alcohol) and propan-X (isopropyl alcohol) from Morocco totaled less than X kg, approximately equating 2020. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, propyl and isopropyl alcohol exports stood at less than $X in 2021. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Mauritania (X tons) was the main destination for propyl and isopropyl alcohol exports from Morocco, with a approx. X% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to Mauritania amounted to -X%.

In value terms, Mauritania ($X) also remains the key foreign market for propyl and isopropyl alcohol exports from Morocco.

From 2012 to 2015, the average annual rate of growth in terms of value to Mauritania totaled -X%.

Export Prices by Country

The average propyl and isopropyl alcohol export price stood at $X per ton in 2015, reducing by -X% against the previous year. In general, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then plummeted in the following year.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2015, the rate of growth in terms of prices for Mauritania amounted to -X% per year.

Imports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Imports into Morocco

In 2021, after three years of growth, there was significant decline in overseas purchases of propan-X (propyl alcohol) and propan-X (isopropyl alcohol), when their volume decreased by -X% to X tons. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, propyl and isopropyl alcohol imports shrank dramatically to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

The United States (X tons), the Netherlands (X tons) and South Korea (X tons) were the main suppliers of propyl and isopropyl alcohol imports to Morocco, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest propyl and isopropyl alcohol suppliers to Morocco were the United States ($X), the Netherlands ($X) and South Korea ($X), together comprising X% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average propyl and isopropyl alcohol import price amounted to $X per ton, reducing by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per ton in 2020, and then fell in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform