Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco - 2023
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco (FOB) - 2022
In 2022, the average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $720 per ton, remaining constant against the previous year. Over the period under review, the export price showed noticeable growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 49% against the previous year. As a result, the export price attained the peak level of $744 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Libya.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to -10.0% per year.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $855 per ton in 2022, falling by -6% against the previous year. Over the period under review, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. The import price peaked at $3,651 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -0.8% per year.
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco
In 2022, overseas shipments of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by 0% to 52 tons, falling for the second consecutive year after two years of growth. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,507% against the previous year. As a result, the exports attained the peak of 920 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses amounted to $38K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,755%. As a result, the exports attained the peak of $322K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | N/A | N/A | N/A | 37.7 | 0% |
| Nicaragua | N/A | 319 | N/A | N/A | 0% |
| France | 10.5 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 2.6 | N/A | N/A | 271.4% |
| Total | 11.3 | 322 | N/A | 37.7 | 49.4% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Morocco in 2022:
- Libya (52.4 tons)
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco
In 2022, purchases abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses was finally on the rise to reach 11 tons after two years of decline. In general, imports, however, saw a sharp descent.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses surged to $9.6K in 2022. Overall, imports, however, faced a significant curtailment.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 34.4 | 0.9 | 0.5 | 9.6 | -34.7% |
| China | N/A | 17.8 | N/A | N/A | 0% |
| France | 4.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 39.0 | 18.7 | 0.5 | 9.6 | -37.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Morocco in 2022:
- Spain (11.2 tons)
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