Ketone-Alcohols and Ketone-Aldehydes Price in Morocco - 2022
Contents:
- Ketone-Alcohols and Ketone-Aldehydes Price in Morocco (CIF) - 2022
- Ketone-Alcohols and Ketone-Aldehydes Imports in Morocco
Ketone-Alcohols and Ketone-Aldehydes Price in Morocco (CIF) - 2022
In 2022, the average ketone-alcohols and ketone-aldehydes import price amounted to $2,806 per ton, shrinking by -14.6% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ketone-alcohols and ketone-aldehydes import price decreased by -23.2% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs at $3,653 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,124 per ton), while the price for Turkey ($920 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-1.1%), while the prices for the other major suppliers experienced a decline.
Ketone-Alcohols and Ketone-Aldehydes Imports in Morocco
In 2022, purchases abroad of ketone-alcohols and ketone-aldehydeses decreased by -4.1% to 43 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 85% against the previous year. As a result, imports attained the peak of 54 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ketone-alcohols and ketone-aldehydes imports reduced rapidly to $120K in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. As a result, imports attained the peak of $152K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Ketone-Alcohols and Ketone-Aldehydes in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.1 | N/A | 0.9 | 58.5 | 69.1% |
| Spain | 65.1 | 127 | 127 | 53.3 | -6.4% |
| Germany | 13.4 | N/A | 3.7 | 2.4 | -43.6% |
| Turkey | N/A | N/A | N/A | 1.9 | 0% |
| France | 6.2 | 22.6 | 0.5 | 0.1 | -74.7% |
| Others | 8.9 | 1.9 | 14.0 | 3.5 | -26.7% |
| Total | 106 | 152 | 146 | 120 | 4.2% |
Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Morocco in 2022:
- Spain (20.9 tons)
- United States (18.7 tons)
- Turkey (2.0 tons)
- Germany (0.4 tons)
- France (0.1 tons)
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