Morocco: Alums Market 2024

Alums Market Size in Morocco

The Moroccan alums market dropped rapidly to $X in 2022, with a decrease of -56.1% against the previous year. Over the period under review, consumption, however, continues to indicate a mild increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Alums Production in Morocco

In value terms, alums production reached $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 7.9% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Alums Exports

Exports from Morocco

Alums exports from Morocco soared to X tons in 2022, rising by 26% compared with the previous year's figure. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 269% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, alums exports surged to $X in 2022. Over the period under review, exports posted measured growth. The pace of growth appeared the most rapid in 2017 when exports increased by 227%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Algeria (X tons) was the main destination for alums exports from Morocco, with a 83% share of total exports. Moreover, alums exports to Algeria exceeded the volume sent to the second major destination, Tunisia (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria totaled +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-11.8% per year) and Libya (+41.3% per year).

In value terms, Algeria ($X) remains the key foreign market for alums exports from Morocco, comprising 82% of total exports. The second position in the ranking was taken by Tunisia ($X), with an 8.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Algeria stood at +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-11.5% per year) and Libya (+57.9% per year).

Export Prices by Country

In 2022, the average alums export price amounted to $X per ton, rising by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Alums Imports

Imports into Morocco

In 2022, the amount of alums imported into Morocco contracted remarkably to X tons, dropping by -67% against the previous year. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 2,815% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, alums imports shrank slightly to $X in 2022. Overall, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by 1,164%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest alums supplier to Morocco, with a 84% share of total imports. Moreover, alums imports from Spain exceeded the figures recorded by the second-largest supplier, South Korea (X kg), more than tenfold. The third position in this ranking was taken by France (X kg), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-52.3% per year) and France (+17.8% per year).

In value terms, South Korea ($X) constituted the largest supplier of alums to Morocco, comprising 49% of total imports. The second position in the ranking was taken by Turkey ($X), with a 21% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from South Korea stood at +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (0.0% per year) and Spain (-23.4% per year).

Import Prices by Country

In 2022, the average alums import price amounted to $X per ton, increasing by 190% against the previous year. In general, the import price posted measured growth. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Spain ($X 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 (+159.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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