Morocco: Dolomite Market 2024

Dolomite Market Size in Morocco

In 2021, after two years of decline, there was significant growth in the Moroccan dolomite market, when its value increased by 9.6% to $X. Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -29.7% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Dolomite Production in Morocco

In value terms, dolomite production expanded remarkably to $X in 2021 estimated in export price. In general, the total production indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -30.9% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 85% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Dolomite Exports

Exports from Morocco

In 2021, shipments abroad of dolomite decreased by -33.2% to X tons, falling for the second consecutive year after two years of growth. Overall, exports saw a pronounced decrease. The pace of growth was the most pronounced in 2015 when exports increased by 1,194%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, dolomite exports reduced sharply to $X in 2021. In general, exports, however, recorded a tangible expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 706%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for dolomite exports from Morocco, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled -3.9%.

In value terms, Spain ($X) also remains the key foreign market for dolomite exports from Morocco.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain totaled +2.4%.

Export Prices by Country

The average dolomite export price stood at $X per ton in 2021, surging by 3.6% against the previous year. In general, the export price posted a prominent increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 249% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +6.5% per year.

Dolomite Imports

Imports into Morocco

For the third year in a row, Morocco recorded growth in overseas purchases of dolomite, which increased by 35% to X tons in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of 161% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, dolomite imports skyrocketed to $X in 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 168% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Spain (X tons) constituted the largest dolomite supplier to Morocco, with a 37% share of total imports. Moreover, dolomite imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. France (X tons) ranked third in terms of total imports with a 0.9% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+73.3% per year) and France (-3.0% per year).

In value terms, the largest dolomite suppliers to Morocco were Spain ($X), Turkey ($X) and China ($X), together comprising 63% of total imports.

Turkey, with a CAGR of +73.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average dolomite import price stood at $X per ton in 2021, dropping by -3.8% against the previous year. In general, the import price, however, saw a moderate expansion. The pace of growth was the most pronounced in 2017 an increase of 22% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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