Report Update Nov 1, 2024

Morocco - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Morocco

In 2021, after two years of decline, there was growth in the Moroccan hydrogen chloride market, when its value increased by 4% to $X. Overall, consumption, however, saw a noticeable setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Hydrogen Chloride Production in Morocco

In value terms, hydrogen chloride production rose remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2013 when the production volume increased by 58% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Hydrogen Chloride Exports

Exports from Morocco

In 2021, shipments abroad of hydrogen chloride (hydrochloric acid) increased by 99% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2018 with an increase of 828%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, hydrogen chloride exports skyrocketed to $X in 2021. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 509% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Guinea (X tons) was the main destination for hydrogen chloride exports from Morocco, with a 83% share of total exports. Moreover, hydrogen chloride exports to Guinea exceeded the volume sent to the second major destination, Sudan (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Guinea was relatively modest.

In value terms, Guinea ($X) emerged as the key foreign market for hydrogen chloride (hydrochloric acid) exports from Morocco, comprising 80% of total exports. The second position in the ranking was held by Sudan ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Guinea was relatively modest.

Export Prices by Country

In 2021, the average hydrogen chloride export price amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 55% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Guinea stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-4.6%).

Hydrogen Chloride Imports

Imports into Morocco

In 2021, approx. X tons of hydrogen chloride (hydrochloric acid) were imported into Morocco; picking up by 72% against the previous year's figure. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by 266%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, hydrogen chloride imports surged 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

Spain (X tons), Egypt (X tons) and France (X tons) were the main suppliers of hydrogen chloride imports to Morocco, with a combined 83% share of total imports. These countries were followed by Italy and the Netherlands, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +119.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) constituted the largest supplier of hydrogen chloride (hydrochloric acid) to Morocco, comprising 72% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.6% share of total imports. It was followed by France, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from Egypt stood at +69.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+67.8% per year) and France (+20.2% per year).

Import Prices by Country

In 2021, the average hydrogen chloride import price amounted to $X per ton, picking up by 52% against the previous year. Over the period under review, the import price enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 168%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydrogen chloride (hydrochloric acid) in the world?

The country with the largest volume of hydrogen chloride consumption was China, comprising approx. 15% of total volume. Moreover, hydrogen chloride consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of hydrogen chloride (hydrochloric acid) in the world?

The country with the largest volume of hydrogen chloride production was China, comprising approx. 15% of total volume. Moreover, hydrogen chloride production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the leading suppliers of hydrogen chloride (hydrochloric acid) to Morocco?

In value terms, the largest hydrogen chloride suppliers to Morocco were Egypt, India and Spain, with a combined 82% share of total imports.

What are the leading importers of hydrogen chloride (hydrochloric acid) from Morocco?

In value terms, Sudan remains the key foreign market for hydrogen chloride exports from Morocco.

What is the average export price for hydrogen chloride (hydrochloric acid) in Morocco?

In 2020, the average hydrogen chloride export price amounted to $417 per ton, almost unchanged from the previous year.

What is the average import price for hydrogen chloride (hydrochloric acid) in Morocco?

In 2020, the average hydrogen chloride import price amounted to $891 per ton, increasing by 281% against the previous year.

This report provides an in-depth analysis of the hydrogen chloride 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 20132413 - Hydrogen chloride (hydrochloric acid)

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