Price for Sodium Sulphates; Other than Disodium Sulphate in Morocco - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Morocco (CIF) - 2022
- Price for Sodium Sulphates; Other than Disodium Sulphate in Morocco (FOB) - 2022
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Morocco
- Exports of Sodium Sulphates; Other than Disodium Sulphate in Morocco
Price for Sodium Sulphates; Other than Disodium Sulphate in Morocco (CIF) - 2022
The average import price for sodium sulphates; other than disodium sulphates stood at $189 per ton in 2022, growing by 38% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $216 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +0.4% per year.
Price for Sodium Sulphates; Other than Disodium Sulphate in Morocco (FOB) - 2022
The average export price for sodium sulphates; other than disodium sulphates stood at $327 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price enjoyed mild growth. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9%. The export price peaked at $847 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($536 per ton), while the average price for exports to Senegal stood at $23 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (-7.3%).
Imports of Sodium Sulphates; Other than Disodium Sulphate in Morocco
After two years of decline, overseas purchases of sodium sulphates; other than disodium sulphates increased by 17% to 49K tons in 2022. In general, imports, however, recorded a mild decline.
In value terms, imports of sodium sulphates; other than disodium sulphates soared to $9.3M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Sodium Sulphates; Other than Disodium Sulphate in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 6.1 | 5.5 | 5.5 | 9.1 | 14.3% |
Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
Total | 6.4 | 5.7 | 5.7 | 9.3 | 13.3% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Morocco in 2022:
- Spain (48.6K tons)
Exports of Sodium Sulphates; Other than Disodium Sulphate in Morocco
In 2022, approx. 101 kg of sodium sulphates; other than disodium sulphates were exported from Morocco; leveling off at 2021 figures. Overall, exports faced a precipitous decline. The smallest decline of 99.9% was in 2021.
In value terms, exports of sodium sulphates; other than disodium sulphates stood at $33 in 2022. Over the period under review, exports recorded a precipitous descent. The smallest decline of 99.9% was in 2021.
Export of Sodium Sulphates; Other than Disodium Sulphate in Morocco (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Algeria | 60.0 | N/A | 30.0 | -29.3% | |
Senegal | 4.0 | N/A | 1.0 | -50.0% | |
Others | 2.0 | N/A | 2.0 | 0.0% | |
Total | 66.0 | N/A | 33.0 | -29.3% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Morocco in 2022:
- Algeria (56.0 kg)
- Senegal (43.0 kg)
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