Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco - 2023
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco (CIF) - 2023
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco (FOB) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco
- Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco (CIF) - 2023
In June 2023, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $2,600 per ton, reducing by -31% against the previous month. Overall, the import price recorded a mild descent. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 167% m-o-m. The import price peaked at $3,766 per ton in May 2023, and then dropped significantly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was China ($5,348 per ton), while the price for Spain amounted to $2,228 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Portugal (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco (FOB) - 2022
In 2022, the average export price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $3,477 per ton, falling by -56.6% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The growth pace was the most rapid in 2018 an increase of 438%. Over the period under review, the average export prices attained the peak figure at $8,015 per ton in 2021, and then reduced rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Mauritania.
From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to +46.2% per year.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco
Imports of silicates; commercial alkali metal silicates, other than of sodium or potassia into Morocco fell to 891 tons in 2022, which is down by -15% against the previous year's figure. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 60%.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia surged to $1.8M in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +103.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 74%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,475 | 760 | 1,339 | 1,577 | 2.3% |
| Portugal | 4.3 | 11.3 | 60.9 | 69.5 | 152.8% |
| Others | 85.2 | 92.8 | 103 | 112 | 9.5% |
| Total | 1,564 | 865 | 1,503 | 1,759 | 4.0% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Morocco in 2022:
- Spain (777.0 tons)
- Portugal (81.5 tons)
Exports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco
In 2022, approx. 195 kg of silicates; commercial alkali metal silicates, other than of sodium or potassia were exported from Morocco; growing by 46% compared with 2021 figures. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 971,767% against the previous year. As a result, the exports attained the peak of 58 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of silicates; commercial alkali metal silicates, other than of sodium or potassia fell markedly to $678 in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,223,068%. As a result, the exports reached the peak of $269K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | N/A | N/A | N/A | 0.7 | 0% |
| Senegal | N/A | 269 | N/A | N/A | 0% |
| Others | N/A | N/A | 1.1 | N/A | 0% |
| Total | N/A | 269 | 1.1 | 0.7 | -94.9% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium from Morocco in 2022:
- Mauritania (195.0 kg)
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