Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Morocco - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Morocco (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Morocco
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Morocco (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $2,246 per ton, reducing by -25.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 51% against the previous year. The import price peaked at $3,024 per ton in 2021, and then shrank rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,596 per ton), while the price for Finland ($1,033 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Morocco
In 2022, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Morocco surged to 300 tons, with an increase of 101% on the previous year. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses surged to $673K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 40.0 | 58.0 | 93.7 | 181 | 65.4% |
Netherlands | 126 | 89.4 | 155 | 154 | 6.9% |
France | 64.3 | 77.0 | 79.6 | 103 | 17.0% |
Italy | 17.7 | 17.7 | 25.8 | 56.7 | 47.4% |
Finland | 32.4 | 29.6 | 31.9 | 51.8 | 16.9% |
India | 26.5 | 26.9 | 28.9 | 50.7 | 24.1% |
United States | 3.3 | 5.3 | 9.2 | 27.1 | 101.8% |
Germany | 47.3 | 9.0 | 11.1 | 18.1 | -27.4% |
Others | 32.1 | 19.9 | 16.5 | 31.3 | -0.8% |
Total | 390 | 333 | 452 | 673 | 19.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Morocco in 2022:
- Netherlands (74.6 tons)
- Spain (67.9 tons)
- Finland (50.1 tons)
- Italy (37.7 tons)
- India (20.7 tons)
- France (18.4 tons)
- United States (11.8 tons)
- Germany (7.8 tons)
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