Morocco: Acyclic Hydrocarbons Derivatives Market 2025

Acyclic Hydrocarbons Derivatives Market Size in Morocco

The Moroccan acyclic hydrocarbons derivatives market skyrocketed to $X in 2021, picking up by 93% 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 buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Acyclic Hydrocarbons Derivatives Exports

Exports from Morocco

In 2021, the amount of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons exported from Morocco fell significantly to X tons, shrinking by -73.3% compared with the year before. In general, exports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2020 with an increase of 331% against the previous year. As a result, the exports attained the peak of X tons, and then plummeted in the following year.

In value terms, acyclic hydrocarbons derivatives exports shrank rapidly to $X in 2021. Overall, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 125%. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

Benin (X tons) was the main destination for acyclic hydrocarbons derivatives exports from Morocco, with a 52% share of total exports. Moreover, acyclic hydrocarbons derivatives exports to Benin exceeded the volume sent to the second major destination, Estonia (X tons), twofold. Spain (X kg) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Benin was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (0.0% per year) and Spain (-97.1% per year).

In value terms, Benin ($X) emerged as the key foreign market for fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons exports from Morocco, comprising 64% of total exports. The second position in the ranking was taken by Spain ($X), with a 9.2% share of total exports. It was followed by Mauritania, with a 5.6% share.

From 2012 to 2021, the average annual growth rate of value to Benin was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-93.3% per year) and Mauritania (-19.0% per year).

Export Prices by Country

The average acyclic hydrocarbons derivatives export price stood at $X per ton in 2021, increasing by 138% against the previous year. In general, the export price continues to indicate a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Benin ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+127.6%), while the prices for the other major destinations experienced more modest paces of growth.

Acyclic Hydrocarbons Derivatives Imports

Imports into Morocco

Acyclic hydrocarbons derivatives imports into Morocco soared to X tons in 2021, increasing by 25% on the previous year's figure. In general, imports posted strong growth. The pace of growth was the most pronounced in 2014 with an increase of 50%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, acyclic hydrocarbons derivatives imports skyrocketed to $X in 2021. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and the Netherlands (X tons) were the main suppliers of acyclic hydrocarbons derivatives imports to Morocco, with a combined 65% share of total imports. Japan, France, Italy, Germany, Spain and the UK lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +76.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and Japan ($X) appeared to be the largest acyclic hydrocarbons derivatives suppliers to Morocco, with a combined 63% share of total imports.

Japan, with a CAGR of +124.4%, saw 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 2021, the average acyclic hydrocarbons derivatives import price amounted to $X per ton, increasing by 88% against the previous year. Over the period under review, the import price saw strong growth. The pace of growth was the most pronounced in 2016 an increase of 100% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :