Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco - 2023

Contents:

1. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco (CIF) - 2022
2. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco (FOB) - 2022
3. Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco
4. Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco (CIF) - 2022

In 2022, the average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies amounted to $23,766 per ton, dropping by -59.2% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 260% against the previous year. Over the period under review, average import prices hit record highs at $86,734 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($143,930 per ton), while the price for the Netherlands ($7,048 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+37.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco (FOB) - 2022

The average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies stood at $482,103 per ton in 2022, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 21% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +3.4% per year.

Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco

In 2022, the amount of heterocyclic compounds with oxygen hetero-atom(s) onlies imported into Morocco surged to 188 tons, growing by 78% against 2021. Overall, imports continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2020 with an increase of 175%. As a result, imports attained the peak of 496 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies fell remarkably to $4.5M in 2022. In general, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 66% against the previous year. As a result, imports reached the peak of $8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to Morocco in 2022:

1. Poland (119.4 tons)
2. Spain (30.6 tons)
3. China (19.1 tons)
4. India (8.1 tons)
5. Germany (4.6 tons)
6. Netherlands (3.3 tons)
7. Italy (0.4 tons)

Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Morocco

In 2022, the amount of heterocyclic compounds with oxygen hetero-atom(s) onlies exported from Morocco totaled 982 kg, rising by 8.5% on 2021 figures. The total export volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies expanded remarkably to $473K in 2022. The total export value increased at an average annual rate of +13.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 30%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from Morocco in 2022:

1. Egypt (962.0 kg)

Source: IndexBox Market Intelligence Platform