Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco - 2023
Contents:
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco (CIF) - 2023
- Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco (FOB) - 2022
- Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco
- Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco (CIF) - 2023
The average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $3,050 per ton in June 2023, almost unchanged from the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 82% against the previous month. As a result, import price attained the peak level of $4,829 per ton. From November 2022 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($4,416 per ton), while the price for China ($1,952 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 France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco (FOB) - 2022
The average export price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s stood at $2,675 per ton in 2022, growing by 34% against the previous year. Over the period under review, the export price posted a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 463% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($2,934 per ton), while the average price for exports to Mauritania ($2,557 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+25.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco
In 2022, the amount of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s imported into Morocco dropped markedly to 3.1K tons, shrinking by -24% on the previous year. In general, imports saw a perceptible contraction. The growth pace was the most rapid in 2021 when imports increased by 29%. As a result, imports attained the peak of 4K tons, and then fell dramatically in the following year.
In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s fell to $6.9M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +40.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $7.4M, and then dropped in the following year.
| Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.1 | 1.7 | 2.0 | 2.5 | 6.0% |
| Belgium | 1.6 | 1.4 | 3.0 | 2.2 | 11.2% |
| Germany | 1.0 | 1.0 | 1.3 | 1.6 | 17.0% |
| China | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | N/A | 0.5 | 0.1 | N/A | -80.0% |
| Others | 0.2 | 0.2 | 0.7 | 0.2 | 0.0% |
| Total | 5.1 | 4.9 | 7.4 | 6.9 | 10.6% |
Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Morocco in 2022:
- Belgium (1380.0 tons)
- France (1084.4 tons)
- Germany (423.3 tons)
- China (80.0 tons)
- United States (54.0 tons)
Exports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco
Exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s from Morocco declined remarkably to 7.3 tons in 2022, waning by -18.3% against the previous year's figure. Overall, exports faced a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 400%.
In value terms, exports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s expanded markedly to $20K in 2022. Over the period under review, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 667%.
| Export of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 0.3 | 2.3 | 7.3 | 12.9 | 250.3% |
| Senegal | N/A | N/A | N/A | 6.2 | 0% |
| South Africa | 0.7 | N/A | 10.6 | 0.6 | -5.0% |
| Cote d'Ivoire | 8.3 | N/A | N/A | N/A | 0% |
| Tunisia | 58.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 67.3 | 2.3 | 17.9 | 19.7 | -33.6% |
Top Export Markets for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) from Morocco in 2022:
- Mauritania (5.0 tons)
- Senegal (2.1 tons)
- South Africa (0.2 tons)
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