Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Morocco - 2023

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Morocco (CIF) - 2023
  2. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Morocco

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Morocco (CIF) - 2023

In June 2023, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $4,650 per ton, with a decrease of -1.8% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 7.2% month-to-month. Over the period under review, average import prices reached the maximum at $5,370 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($5,216 per ton), while the price for Thailand ($3,607 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Morocco

Imports of cellulose nitrates (including collodions); in primary formses into Morocco was estimated at 1.1K tons in 2022, almost unchanged from the year before. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of cellulose nitrates (including collodions); in primary formses surged to $5.3M in 2022. Overall, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2451,1361,4393,09235.4%
India3611891,10270424.9%
South KoreaN/AN/AN/A5130%
China87.993.512445272.6%
Brazil826528315269-31.2%
Czech RepublicN/AN/AN/A2150%
Taiwan (Chinese)226312161N/A-15.6%
Others38033634941.0-52.4%
Total3,1252,5953,4905,28719.2%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Morocco in 2022:

  1. Germany (616.1 tons)
  2. India (166.6 tons)
  3. South Korea (99.2 tons)
  4. China (95.6 tons)
  5. Brazil (77.7 tons)
  6. Czech Republic (40.6 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cellulose nitrates (including collodions); in primary forms - Morocco