Morocco: Organo-Sulphur Compound Market 2024

Organo-Sulphur Compound Market Size in Morocco

In 2022, the Moroccan organo-sulphur compound market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Organo-Sulphur Compound Exports

Exports from Morocco

In 2022, the amount of organo-sulphur compounds exported from Morocco shrank rapidly to X tons, waning by X% compared with 2021. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, organo-sulphur compound exports declined significantly to $X in 2022. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for organo-sulphur compound exports from Morocco, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania stood at X%.

From 2012 to 2022, the average annual rate of growth in terms of value to Mauritania amounted to X%.

Export Prices by Country

The average organo-sulphur compound export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average 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 X% per year.

Organo-Sulphur Compound Imports

Imports into Morocco

In 2022, supplies from abroad of organo-sulphur compounds was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, organo-sulphur compound imports soared to $X in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), the United States (X tons) and China (X tons) were the main suppliers of organo-sulphur compound imports to Morocco, with a combined X% share of total imports. Belgium, Japan, South Africa and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest organo-sulphur compound suppliers to Morocco were Spain ($X), the United States ($X) and China ($X), with a combined X% share of total imports. Belgium, Japan, France and South Africa lagged somewhat behind, together comprising a further X%.

Among the main suppliers, South Africa, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average organo-sulphur compound import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform