Report Update Jan 1, 2025

Morocco - Amino Resins - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Amino Resin Market 2025

Amino Resin Market Size in Morocco

The Moroccan amino resin market expanded notably to $X in 2022, rising by 5.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a resilient expansion. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Amino Resin Exports

Exports from Morocco

In 2022, shipments abroad of amino resins decreased by -87.5% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 61% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, amino resin exports contracted notably to $X in 2022. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Algeria (X tons) was the main destination for amino resin exports from Morocco, accounting for a 97% share of total exports. It was followed by Mauritania (X kg), with a 2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Algeria totaled -45.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (0.0% per year) and Spain (-88.7% per year).

In value terms, Algeria ($X) remains the key foreign market for amino resins exports from Morocco, comprising 94% of total exports. The second position in the ranking was held by Mauritania ($X), with a 4.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Algeria totaled -43.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (0.0% per year) and Spain (-89.7% per year).

Export Prices by Country

In 2022, the average amino resin export price amounted to $X per ton, reducing by -5.8% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while the average price for exports to Spain ($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 Algeria (+2.9%).

Amino Resin Imports

Imports into Morocco

After six years of growth, supplies from abroad of amino resins decreased by -1% to X tons in 2022. Overall, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by 80%. Over the period under review, imports reached the peak figure at X tons in 2021, and then fell in the following year.

In value terms, amino resin imports rose markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 104%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Belgium (X tons), Italy (X tons) and Hungary (X tons) were the main suppliers of amino resin imports to Morocco, together comprising 57% of total imports. Spain, Turkey, Egypt, the Netherlands, Portugal and Germany lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +223.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of amino resins to Morocco, comprising 29% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by Hungary, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +45.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+37.1% per year) and Hungary (+71.8% per year).

Import Prices by Country

In 2022, the average amino resin import price amounted to $X per ton, with an increase of 6.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Spain ($X per ton), while the price for Portugal ($X per ton) and Egypt ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Japan, with a combined 38% share of global consumption. Indonesia, Brazil, Russia, Belgium, Mexico, Turkey, South Korea, Hungary, Portugal and Germany lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in the world?

The country with the largest volume of amino resins in primary forms production was China, accounting for 29% of total volume. Moreover, amino resins in primary forms production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Japan, with a 6.1% share.

What are the leading suppliers of amino resins in primary forms (excluding urea and thiourea resins, melamine resins) to Morocco?

In value terms, Belgium constituted the largest supplier of amino resins in primary forms to Morocco, comprising 81% of total imports. The second position in the ranking was occupied by Saudi Arabia, with a 12% share of total imports.

What are the leading importers of amino resins in primary forms (excluding urea and thiourea resins, melamine resins) from Morocco?

In value terms, France $382) remains the key foreign market for amino resins in primary forms exports from Morocco.

What is the average export price for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in Morocco?

The average export price for amino resins in primary forms excluding urea and thiourea resins, melamine resins) stood at $22,471 per ton in 2021, reducing by -11.5% against the previous year.

What is the average import price for amino resins in primary forms (excluding urea and thiourea resins, melamine resins) in Morocco?

In 2021, the average import price for amino resins in primary forms excluding urea and thiourea resins, melamine resins) amounted to $1,476 per ton, with an increase of 2.8% against the previous year.

This report provides an in-depth analysis of the amino resin market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024