Sulphates; of Aluminium Price in Morocco - 2022
Contents:
- Sulphates; of Aluminium Price in Morocco (CIF) - 2022
- Sulphates; of Aluminium Price in Morocco (FOB) - 2022
- Sulphates; of Aluminium Imports in Morocco
- Sulphates; of Aluminium Exports in Morocco
Sulphates; of Aluminium Price in Morocco (CIF) - 2022
In 2022, the average sulphates; of aluminium import price amounted to $327 per ton, which is down by -4.3% against the previous year. Overall, the import price showed a sharp reduction. The growth pace was the most rapid in 2019 when the average import price increased by 155%. Over the period under review, average import prices hit record highs at $4,047 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($331 per ton), while the price for Sweden ($280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.7%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Aluminium Price in Morocco (FOB) - 2022
The average sulphates; of aluminium export price stood at $327 per ton in 2022, surging by 40% against the previous year. Overall, the export price showed a mild increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($629 per ton), while the average price for exports to Senegal stood at $315 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+7.5%).
Sulphates; of Aluminium Imports in Morocco
After three years of growth, purchases abroad of sulphates; of aluminia decreased by -57.7% to 7.3K tons in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 4,263%.
In value terms, sulphates; of aluminium imports contracted significantly to $2.4M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 2,616% against the previous year.
| Import of Sulphates; of Aluminium in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.1 | 3.3 | 5.2 | 1.5 | 146.6% |
| Romania | N/A | N/A | 0.6 | 0.7 | 16.7% |
| Sweden | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 0.1 | 3.3 | 5.9 | 2.4 | 188.4% |
Top Suppliers of Sulphates; of Aluminium to Morocco in 2022:
- Turkey (4.4K tons)
- Romania (2.3K tons)
- Sweden (0.5K tons)
Sulphates; of Aluminium Exports in Morocco
In 2022, after two years of growth, there was significant decline in shipments abroad of sulphates; of aluminia, when their volume decreased by -61% to 2.1K tons. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,323% against the previous year. As a result, the exports reached the peak of 5.3K tons, and then contracted sharply in the following year.
In value terms, sulphates; of aluminium exports shrank rapidly to $675K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 3,224% against the previous year. As a result, the exports attained the peak of $1.2M, and then dropped remarkably in the following year.
| Export of Sulphates; of Aluminium in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Senegal | 36.9 | 1,202 | 625 | 311.6% | |
| Mauritania | 0.1 | 29.6 | 50.1 | 2138.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 37.1 | 1,232 | 675 | 326.5% | |
Top Export Markets for Sulphates; of Aluminium from Morocco in 2022:
- Senegal (2.0K tons)
- Mauritania (0.1K tons)
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