Morocco: Other Chemical Products Market 2025

Other Chemical Products Market Size in Morocco

In 2022, the Moroccan other chemical products market decreased by -0.2% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a sharp decline. Other chemical products consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Other Chemical Products Exports

Exports from Morocco

In 2022, shipments abroad of other chemical products was finally on the rise to reach X tons after two years of decline. Overall, exports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 89%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, other chemical products exports amounted to $X in 2022. In general, exports, however, continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2015 with an increase of 14% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia (X tons), Mauritania (X tons) and the Philippines (X tons) were the main destinations of other chemical products exports from Morocco, together comprising 80% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +66.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Colombia ($X) remains the key foreign market for other chemical products exports from Morocco, comprising 41% of total exports. The second position in the ranking was held by Mauritania ($X), with an 18% share of total exports. It was followed by China, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Colombia stood at -19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (-2.8% per year) and China (-3.7% per year).

Export Prices by Country

In 2022, the average other chemical products export price amounted to $X per ton, falling by -4.1% against the previous year. Over the period under review, the export price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 28%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+4.4%), while the prices for the other major destinations experienced a decline.

Other Chemical Products Imports

Imports into Morocco

After four years of growth, purchases abroad of other chemical products decreased by -0.6% to X tons in 2022. Over the period under review, imports recorded a significant decrease. The growth pace was the most rapid in 2014 with an increase of 33% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, other chemical products imports amounted to $X in 2022. Overall, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2013 with an increase of 57%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), Spain (X tons) and China (X tons) were the main suppliers of other chemical products imports to Morocco, with a combined 71% share of total imports. Germany, Brazil, the Netherlands, Ireland, the UK, Mexico, Turkey and Italy lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of -9.5%), while purchases for the other leaders experienced a decline.

In value terms, France ($X), Spain ($X) and Ireland ($X) appeared to be the largest other chemical products suppliers to Morocco, together accounting for 57% of total imports. China, Germany, Mexico, the UK, the Netherlands, Turkey, Brazil and Italy lagged somewhat behind, together comprising a further 31%.

Turkey, with a CAGR of -24.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average other chemical products import price amounted to $X per ton, approximately equating the previous year. In general, the import price, however, saw a pronounced setback. The growth pace was the most rapid in 2013 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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