Morocco: Market for Fluorine, Chlorine, Bromine and Iodine 2024

Market Size for Fluorine, Chlorine, Bromine and Iodine in Morocco

The Moroccan market for fluorine, chlorine, bromine and iodines totaled $X in 2021, with an increase of 14% 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). Over the period under review, consumption recorded a significant increase. Fluorine, chlorine, bromine and iodine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Exports of Fluorine, Chlorine, Bromine and Iodine

Exports from Morocco

Fluorine, chlorine, bromine and iodine exports from Morocco fell sharply to X kg in 2021, waning by -55.4% against the year before. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 583%. As a result, the exports attained the peak of X tons, and then contracted dramatically in the following year.

In value terms, fluorine, chlorine, bromine and iodine exports fell remarkably to $X in 2021. Overall, exports, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 552% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Gabon (X kg) was the main destination for fluorine, chlorine, bromine and iodine exports from Morocco, accounting for a 69% share of total exports. Moreover, fluorine, chlorine, bromine and iodine exports to Gabon exceeded the volume sent to the second major destination, Equatorial Guinea (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Gabon amounted to -58.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (-10.7% per year) and Mauritania (-23.7% per year).

In value terms, the largest markets for fluorine, chlorine, bromine and iodine exported from Morocco were Gabon ($X), Equatorial Guinea ($X) and Mauritania ($X), together comprising 100% of total exports.

Among the main countries of destination, Mauritania, with a CAGR of +1.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average export price for fluorine, chlorine, bromine and iodines amounted to $X per ton, picking up by 15% against the previous year. Overall, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 76% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 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 Equatorial Guinea ($X per ton), while the average price for exports to Gabon ($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 Mauritania (+32.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fluorine, Chlorine, Bromine and Iodine

Imports into Morocco

In 2021, imports of fluorine, chlorine, bromine and iodines into Morocco surged to X tons, increasing by 17% against the previous year. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2016 with an increase of 595% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, fluorine, chlorine, bromine and iodine imports expanded notably to $X in 2021. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 425% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Jordan (X tons) was the main fluorine, chlorine, bromine and iodine supplier to Morocco, with a 96% share of total imports. It was followed by Spain (X tons), with a 2.2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Jordan amounted to +32.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+24.1% per year) and China (-6.3% per year).

In value terms, Jordan ($X) constituted the largest supplier of fluorine, chlorine, bromine and iodines to Morocco, comprising 91% of total imports. The second position in the ranking was held by Spain ($X), with a 3.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Jordan totaled +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+14.1% per year) and China (+0.5% per year).

Import Prices by Country

The average import price for fluorine, chlorine, bromine and iodines stood at $X per ton in 2021, falling by -4.6% against the previous year. In general, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the average import price increased by 21%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Jordan ($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 (+7.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform