Report Update Nov 1, 2024

Morocco - Carbonates and Peroxocarbonates - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Carbonate Market 2024

Carbonate Market Size in Morocco

In 2021, after two years of decline, there was significant growth in the Moroccan carbonate market, when its value increased by 14% to $X. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Carbonate Exports

Exports from Morocco

In 2021, the amount of carbonates and peroxocarbonates exported from Morocco reached X tons, surging by 5.5% on the previous year's figure. In general, exports recorded a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of 23% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, carbonate exports rose markedly to $X in 2021. Overall, exports, however, saw a deep slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X tons) was the main destination for carbonate exports from Morocco, accounting for a 94% share of total exports. Moreover, carbonate exports to Ghana exceeded the volume sent to the second major destination, Mauritania (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Ghana amounted to +6.5%.

In value terms, Ghana ($X) and Mauritania ($X) constituted the largest markets for carbonate exported from Morocco worldwide.

Mauritania, with a CAGR of +64.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average carbonate export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 40%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

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 Ghana amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (-5.0%).

Carbonate Imports

Imports into Morocco

In 2021, after two years of decline, there was significant growth in supplies from abroad of carbonates and peroxocarbonates, when their volume increased by 5.8% to X tons. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 14% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, carbonate imports surged to $X in 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Turkey (X tons) and Bulgaria (X tons) were the main suppliers of carbonate imports to Morocco, with a combined 54% share of total imports. Italy, France, Vietnam, Germany and Tunisia lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +28.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Turkey ($X) and Germany ($X) constituted the largest carbonate suppliers to Morocco, together accounting for 48% of total imports. France, Vietnam, Bulgaria, Italy and Tunisia lagged somewhat behind, together comprising a further 21%.

Vietnam, with a CAGR of +25.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average carbonate import price amounted to $X per ton, with an increase of 10% against the previous year. Over the period under review, the import price, however, saw a mild setback. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.7%), 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 carbonates and peroxocarbonates in the world?

The countries with the highest volumes of carbonate consumption in 2021 were China, the United States and India, together comprising 40% of global consumption.

What are the largest producers of carbonates and peroxocarbonates in the world?

The countries with the highest volumes of carbonate production in 2021 were China, the United States and Turkey, with a combined 55% share of global production. Russia, India, Pakistan, Brazil, Iran, Germany, Bulgaria, Spain and Japan lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of carbonates and peroxocarbonates to Morocco?

In value terms, Spain, Turkey and Bulgaria constituted the largest carbonate suppliers to Morocco, with a combined 59% share of total imports. Italy, France, Vietnam and China lagged somewhat behind, together accounting for a further 23%.

What are the leading importers of carbonates and peroxocarbonates from Morocco?

In value terms, Ghana remains the key foreign market for carbonate exports from Morocco.

What is the average export price for carbonates and peroxocarbonates in Morocco?

The average carbonate export price stood at $482 per ton in 2021, reducing by -1.7% against the previous year.

What is the average import price for carbonates and peroxocarbonates in Morocco?

In 2021, the average carbonate import price amounted to $228 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the carbonate 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 20134310 - Disodium carbonate
Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
Prodcom 20134340 - Calcium carbonate
Prodcom 20134390 - Other carbonates

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