Report Update Nov 1, 2024

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

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Morocco: Fluorspar Market 2024

Fluorspar Market Size in Morocco

The Moroccan fluorspar market contracted slightly to $X in 2021, standing approx. at the previous year. Overall, consumption, however, showed a resilient increase. Fluorspar consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Fluorspar Production in Morocco

In value terms, fluorspar production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 111%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Fluorspar Exports

Exports from Morocco

In 2021, approx. X tons of fluorspar were exported from Morocco; with a decrease of -10.2% against the previous year. Overall, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 30%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, fluorspar exports shrank remarkably to $X in 2021. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 70%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for fluorspar exports from Morocco, accounting for a 51% share of total exports. Moreover, fluorspar exports to Norway exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. India (X tons) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Norway amounted to -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+28.1% per year) and India (+8.4% per year).

In value terms, Norway ($X) remains the key foreign market for fluorspar exports from Morocco, comprising 47% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 22% share of total exports. It was followed by India, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+33.8% per year) and India (+20.0% per year).

Export Prices by Country

In 2021, the average fluorspar export price amounted to $X per ton, shrinking by -8.9% against the previous year. In general, the export price continues to indicate a slight decline. The growth pace was the most rapid in 2018 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Italy ($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 India (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorspar Imports

Imports into Morocco

In 2021, the amount of fluorspar imported into Morocco dropped dramatically to X tons, shrinking by -88.4% on the previous year. Over the period under review, imports showed a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 541% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, fluorspar imports dropped rapidly to $X in 2021. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when imports increased by 177%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) was the main supplier of fluorspar to Morocco, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +18.7%.

In value terms, Spain ($X) constituted the largest supplier of fluorspar to Morocco.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +17.4%.

Import Prices by Country

In 2021, the average fluorspar import price amounted to $X per ton, surging by 122% against the previous year. Over the period under review, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 194% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +0.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluorspar in the world?

China constituted the country with the largest volume of fluorspar consumption, accounting for 63% of total volume. Moreover, fluorspar consumption in China exceeded the figures recorded by the second-largest consumer, Mexico, ninefold. The third position in this ranking was occupied by the United States, with a 4.1% share.

What are the largest producers of fluorspar in the world?

The country with the largest volume of fluorspar production was China, accounting for 63% of total volume. Moreover, fluorspar production in China exceeded the figures recorded by the second-largest producer, Mexico, sixfold. Mongolia ranked third in terms of total production with an 8% share.

What are the leading suppliers of fluorspar to Morocco?

In value terms, Italy constituted the largest supplier of fluorspar to Morocco, comprising 80% of total imports. The second position in the ranking was occupied by Spain, with a 20% share of total imports.

What are the leading importers of fluorspar from Morocco?

In value terms, Canada remains the key foreign market for fluorspar exports from Morocco, comprising 57% of total exports. The second position in the ranking was occupied by the Netherlands, with a 12% share of total exports. It was followed by Norway, with an 11% share.

What is the average export price for fluorspar in Morocco?

In 2020, the average fluorspar export price amounted to $474 per ton, surging by 2.3% against the previous year.

What is the average import price for fluorspar in Morocco?

The average fluorspar import price stood at $98 per ton in 2020, which is down by -58.9% against the previous year.

This report provides an in-depth analysis of the fluorspar 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:

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