Morocco: Nucleic Acid Market 2025

Nucleic Acid Market Size in Morocco

The Moroccan nucleic acid market dropped markedly to $X in 2021, shrinking by -31% 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 recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Nucleic Acid Exports

Exports from Morocco

In 2021, overseas shipments of nucleic acids and their salts decreased by -14.7% to X kg, falling for the fifth year in a row after five years of growth. In general, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2013 when exports increased by 103%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, nucleic acid exports amounted to $X in 2021. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 123%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for nucleic acid exports from Morocco, with a 505% share of total exports. Moreover, nucleic acid exports to the United States exceeded the volume sent to the second major destination, Belgium (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +71.9%.

In value terms, the United States ($X) emerged as the key foreign market for nucleic acids and their salts exports from Morocco, comprising 87% of total exports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +84.0%.

Export Prices by Country

In 2021, the average nucleic acid export price amounted to $X per ton, picking up by 23% against the previous year. Over the period under review, the export price posted prominent growth. The pace of growth appeared the most rapid in 2017 an increase of 493%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Nucleic Acid Imports

Imports into Morocco

Nucleic acid imports into Morocco plummeted to X tons in 2021, which is down by -36.7% compared with the previous year. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 74%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, nucleic acid imports declined markedly to $X in 2021. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 23%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), China (X tons) and Indonesia (X tons) were the main suppliers of nucleic acid imports to Morocco, together comprising 52% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +70.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and France ($X) appeared to be the largest nucleic acid suppliers to Morocco, together accounting for 33% of total imports. Italy, Belgium, Germany and Indonesia lagged somewhat behind, together accounting for a further 16%.

In terms of the main suppliers, Germany, with a CAGR of +28.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nucleic acid import price stood at $X per ton in 2021, surging by 27% against the previous year. Overall, the import price posted a mild expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 347% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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