Price for Bromides; of Sodium or of Potassium in Morocco - 2023

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Morocco (CIF) - 2022
  2. Imports of Bromides; of Sodium or of Potassium in Morocco

Price for Bromides; of Sodium or of Potassium in Morocco (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $22,699 per ton, shrinking by -73.3% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of 351%. The import price peaked at $85,037 per ton in 2021, and then declined sharply in the following year.

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 Spain ($43,000 per ton), while the price for Iceland ($7,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.4%), while the prices for the other major suppliers experienced a decline.

Imports of Bromides; of Sodium or of Potassium in Morocco

In 2022, the amount of bromides; of sodium or of potassia imported into Morocco soared to 133 kg, increasing by 22% compared with 2021 figures. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 240%. As a result, imports attained the peak of 177 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of bromides; of sodium or of potassia reduced notably to $3K in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 454% against the previous year.

Import of Bromides; of Sodium or of Potassium in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.3N/A0.32.5102.7%
IndiaN/AN/A0.10.2100.0%
Spain0.60.10.20.2-30.7%
Belgium0.1N/A0.20.10.0%
GermanyN/A7.28.0N/A11.1%
United States0.6N/A0.1N/A-59.2%
IcelandN/AN/AN/AN/A0%
TurkeyN/A1.9N/AN/A0%
Others0.1N/A0.3N/A73.2%
Total1.79.29.33.020.8%

Top Suppliers of Bromides; of Sodium or of Potassium to Morocco in 2022:

  1. France (110.0 kg)
  2. Belgium (9.0 kg)
  3. India (7.0 kg)
  4. Spain (4.0 kg)
  5. Iceland (2.0 kg)
  6. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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