Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Morocco - 2023

Contents:

  1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Morocco (CIF) - 2022
  2. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Morocco

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Morocco (CIF) - 2022

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $5,187 per ton in 2022, with a decrease of -23.5% against the previous year. Overall, the import price recorded a perceptible decline. The pace of growth was the most pronounced in 2020 an increase of 86% against the previous year. Over the period under review, average import prices reached the maximum at $13,610 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 India ($34,126 per ton), while the price for Germany ($1,870 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Morocco

Imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Morocco surged to 2.5 tons in 2022, jumping by 476% compared with 2021 figures. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 595%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol surged to $13K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,190%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.10.20.14.5255.7%
GermanyN/A0.30.44.2274.2%
IndiaN/AN/A0.33.0900.0%
France0.43.31.60.1-37.0%
Others0.26.00.61.281.7%
Total0.89.92.912.9152.6%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Morocco in 2022:

  1. Germany (2229.0 kg)
  2. Italy (131.0 kg)
  3. India (87.0 kg)
  4. France (13.0 kg)

Source: IndexBox Market Intelligence Platform

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