Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $616 per ton in 2022, surging by 17% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 20% against the previous year. As a result, import price attained the peak level of $695 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($1,645 per ton), while the price for Spain ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $407 per ton, with a decrease of -74.9% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 55%. As a result, the export price attained the peak level of $2,305 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,126 per ton), while the average price for exports to Senegal amounted to $344 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco
In 2022, approx. 13K tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Morocco; remaining constant against the previous year. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 32%. As a result, imports reached the peak of 13K tons, leveling off in the following year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $8.1M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 increased by +52.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.9 | 1.2 | 2.0 | 2.2 | 5.0% |
Spain | 0.2 | 1.5 | 1.2 | 2.0 | 115.4% |
France | 2.4 | 1.1 | 0.9 | 1.3 | -18.5% |
Germany | 1.0 | 1.0 | 1.7 | 1.2 | 6.3% |
Romania | N/A | N/A | N/A | 0.4 | 0% |
Hungary | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
Turkey | N/A | N/A | 0.6 | 0.2 | -66.7% |
Others | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
Total | 6.2 | 5.3 | 7.0 | 8.1 | 9.3% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Morocco in 2022:
- Spain (5.7K tons)
- Germany (3.2K tons)
- China (1.9K tons)
- France (0.8K tons)
- Romania (0.7K tons)
- Turkey (0.4K tons)
- Hungary (0.2K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco
In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide exported from Morocco soared to 167 tons, growing by 385% compared with 2021. In general, exports, however, saw a deep setback.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide surged to $68K in 2022. Over the period under review, exports, however, saw a significant decrease.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Senegal | N/A | N/A | N/A | 52.9 | 0% |
Italy | N/A | N/A | N/A | 14.2 | 0% |
Spain | 466 | N/A | N/A | N/A | 0% |
France | N/A | N/A | 24.6 | N/A | 0% |
Poland | 2.7 | N/A | 30.4 | N/A | 235.5% |
Others | N/A | N/A | 1.0 | 0.8 | -20.0% |
Total | 468 | N/A | 55.9 | 67.9 | -47.5% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Morocco in 2022:
- Senegal (154.0 tons)
- Italy (12.6 tons)
This report provides an in-depth analysis of the alumina market in Morocco.
This report provides an in-depth analysis of the aluminium hydroxide market in Morocco.
This report provides an in-depth analysis of the artificial corundum market in Morocco.
This report provides an in-depth analysis of the global alumina market.
This report provides an in-depth analysis of the global aluminium hydroxide market.
This report provides an in-depth analysis of the global artificial corundum market.
This report provides an in-depth analysis of the alumina market in Morocco.
This report provides an in-depth analysis of the aluminium hydroxide market in Morocco.
This report provides an in-depth analysis of the artificial corundum market in Morocco.
This report provides an in-depth analysis of the global alumina market.
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