Price for Monophenols; Cresols and Their Salts in Morocco - 2022

Price for Monophenols; Cresols and Their Salts in Morocco (CIF) - 2022

In 2022, the average import price for monophenols; cresols and their saltses amounted to $3,011 per ton, with an increase of 2.7% against the previous year. Over the period under review, the import price, however, showed a pronounced reduction. The growth pace was the most rapid in 2019 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the peak figure at $3,851 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -2.1% per year.

Imports of Monophenols; Cresols and Their Salts in Morocco

Monophenols; cresols and their salts imports into Morocco rose sharply to 64 tons in 2022, surging by 6.5% compared with the previous year. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10%. As a result, imports attained the peak of 68 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, monophenols; cresols and their salts imports expanded remarkably to $193K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 10%. As a result, imports attained the peak of $210K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.