Report Update Nov 1, 2024

Morocco - Argon - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Argon Market 2024

Argon Exports

Exports from Morocco

In 2022, approx. X cubic meters of argon were exported from Morocco; remaining stable against 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2016 when exports increased by 85%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, argon exports amounted to $X in 2022. In general, exports recorded a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 69% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Spain (X cubic meters) was the main destination for argon exports from Morocco, accounting for a 100% share of total exports. It was followed by Mauritania (X cubic meters), with a 0.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain was relatively modest.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

The average argon export price stood at $X per cubic meter in 2022, approximately mirroring the previous year. Over the period under review, the export price faced a dramatic descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 141%. As a result, the export price attained the peak level of $X per cubic meter. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($X per cubic meter), while the average price for exports to Spain totaled $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+2.8%).

Argon Imports

Imports into Morocco

Argon imports into Morocco expanded notably to X cubic meters in 2022, with an increase of 8.3% against the previous year. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of 148%. Over the period under review, imports attained the maximum at X cubic meters in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, argon imports skyrocketed to $X in 2022. In general, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 153%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X cubic meters), Spain (X cubic meters) and Belgium (X cubic meters) were the main suppliers of argon imports to Morocco, together accounting for 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +56.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest argon suppliers to Morocco were the Netherlands ($X), Spain ($X) and Belgium ($X), with a combined 91% share of total imports.

The Netherlands, with a CAGR of +56.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average argon import price amounted to $X per cubic meter, picking up by 11% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 13% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($X per cubic meter) and the Netherlands ($X per cubic meter), while the price for France ($X per cubic meter) and Belgium ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for argon in the world?

The countries with the highest volumes of argon consumption in 2021 were the United States, China and India, together accounting for 55% of global consumption. Brazil, Poland, Japan, Germany, Iran, the UK and Russia lagged somewhat behind, together comprising a further 16%.

What are the largest producers of argon in the world?

The countries with the highest volumes of argon production in 2021 were the United States, China and India, together comprising 56% of global production. Brazil, Germany, Poland, Japan, Iran, the Netherlands and the UK lagged somewhat behind, together accounting for a further 17%.

What are the leading suppliers of argon to Morocco?

In value terms, Spain constituted the largest supplier of argon to Morocco, comprising 50% of total imports. The second position in the ranking was occupied by the Netherlands, with a 19% share of total imports. It was followed by Belgium, with a 15% share.

What are the leading importers of argon from Morocco?

In value terms, Mauritania remains the key foreign market for argon exports from Morocco, comprising 95% of total exports. The second position in the ranking was occupied by Canada $282), with a 5.2% share of total exports.

What is the average export price for argon in Morocco?

The average argon export price stood at $0.7 per cubic meter in 2021, picking up by 4.1% against the previous year.

What is the average import price for argon in Morocco?

The average argon import price stood at $1.1 per cubic meter in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the argon 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 20111120 - Argon

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023