Morocco: Market for Organic Derivatives Of Hydrazine Or Of Hydroxylamine 2024

Market Size for Organic Derivatives Of Hydrazine Or Of Hydroxylamine in Morocco

The Moroccan hydrazine and hydroxylamine derivatives market fell rapidly to $X in 2022, waning by -19.4% 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, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +54.7% against 2016 indices. Over the period under review, the market attained the peak level at $X in 2021, and then reduced dramatically in the following year.

Exports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Exports from Morocco

In 2022, after four years of growth, there was significant decline in shipments abroad of organic derivatives of hydrazine or of hydroxylamine, when their volume decreased by -93% to X kg. Overall, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2014 when exports increased by 175%. Over the period under review, the exports hit record highs at X tons in 2021, and then declined sharply in the following year.

In value terms, hydrazine and hydroxylamine derivatives exports plummeted to $X in 2022. Over the period under review, exports, however, saw a resilient increase. The growth pace was the most rapid in 2013 with an increase of 182% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Mauritania (X kg) was the main destination for hydrazine and hydroxylamine derivatives exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Mauritania totaled +7.9%.

In value terms, Mauritania ($X) emerged as the key foreign market for organic derivatives of hydrazine or of hydroxylamine exports from Morocco.

From 2012 to 2022, the average annual growth rate of value to Mauritania stood at +11.5%.

Export Prices by Country

In 2022, the average hydrazine and hydroxylamine derivatives export price amounted to $X per ton, surging by 123% against the previous year. In general, the export price posted moderate growth. The pace of growth appeared the most rapid in 2015 an increase of 292%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to +3.4% per year.

Imports of Organic Derivatives Of Hydrazine Or Of Hydroxylamine

Imports into Morocco

In 2022, approx. X tons of organic derivatives of hydrazine or of hydroxylamine were imported into Morocco; which is down by -22.2% against the year before. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.5% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 62%. Imports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, hydrazine and hydroxylamine derivatives imports shrank remarkably to $X in 2022. Overall, imports, however, continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2017 with an increase of 86% against the previous year. Imports peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest hydrazine and hydroxylamine derivatives supplier to Morocco, accounting for a 70% share of total imports. Moreover, hydrazine and hydroxylamine derivatives imports from India exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 1.3% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled +41.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+65.6% per year) and China (-10.1% per year).

In value terms, India ($X) constituted the largest supplier of organic derivatives of hydrazine or of hydroxylamine to Morocco, comprising 75% of total imports. The second position in the ranking was held by Japan ($X), with a 23% share of total imports. It was followed by China, with a 1.3% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+52.5% per year) and China (-9.7% per year).

Import Prices by Country

The average hydrazine and hydroxylamine derivatives import price stood at $X per ton in 2022, rising by 3.7% against the previous year. Over the period under review, the import price, however, recorded a slight contraction. The growth pace was the most rapid in 2017 an increase of 52% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and China ($X per ton), while the price for Japan ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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