Price for Lead Oxides; Red Lead and Orange Lead in Morocco - 2023

Contents:

1. Price for Lead Oxides; Red Lead and Orange Lead in Morocco (CIF) - 2022
2. Price for Lead Oxides; Red Lead and Orange Lead in Morocco (FOB) - 2022
3. Imports of Lead Oxides; Red Lead and Orange Lead in Morocco
4. Exports of Lead Oxides; Red Lead and Orange Lead in Morocco

Price for Lead Oxides; Red Lead and Orange Lead in Morocco (CIF) - 2022

The average import price for lead oxides; red lead and orange leads stood at $4,366 per ton in 2022, picking up by 67% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lead oxides; red lead and orange leads increased by +83.4% against 2020 indices. Over the period under review, average import prices hit record highs at $4,464 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 China ($8,801 per ton), while the price for South Korea ($3,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lead Oxides; Red Lead and Orange Lead in Morocco (FOB) - 2022

The average export price for lead oxides; red lead and orange leads stood at $1,365 per ton in 2022, growing by 9.4% against the previous year. Over the period under review, the export price, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2017 an increase of 24%. Over the period under review, the average export prices attained the maximum at $3,221 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($12,572 per ton), while the average price for exports to India totaled $1,034 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+13.0%), while the prices for the other major destinations experienced a decline.

Imports of Lead Oxides; Red Lead and Orange Lead in Morocco

After three years of growth, purchases abroad of lead oxides; red lead and orange leads decreased by -2.2% to 53 tons in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 102% against the previous year.

In value terms, imports of lead oxides; red lead and orange leads skyrocketed to $231K in 2022. In general, imports, however, posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lead Oxides; Red Lead and Orange Lead to Morocco in 2022:

1. India (25.0 tons)
2. South Korea (18.0 tons)
3. China (8.9 tons)
4. Spain (0.9 tons)

Exports of Lead Oxides; Red Lead and Orange Lead in Morocco

After three years of growth, shipments abroad of lead oxides; red lead and orange leads decreased by -8.1% to 310 tons in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 69% against the previous year. As a result, the exports reached the peak of 337 tons, and then dropped in the following year.

In value terms, exports of lead oxides; red lead and orange leads totaled $423K in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19%.

Top Export Markets for Lead Oxides; Red Lead and Orange Lead from Morocco in 2022:

1. India (301.1 tons)
2. Sudan (5.9 tons)

Source: IndexBox Market Intelligence Platform