Morocco: Cyclic Hydrocarbons Market 2025

Cyclic Hydrocarbons Market Size in Morocco

The Moroccan cyclic hydrocarbons market surged to $X in 2021, jumping by 123% 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). Over the period under review, consumption, however, showed a abrupt contraction. Cyclic hydrocarbons consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Cyclic Hydrocarbons Exports

Exports from Morocco

For the fourth year in a row, Morocco recorded decline in shipments abroad of other cyclic hydrocarbons, which decreased by -70.4% to X kg in 2021. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 2,200%. Over the period under review, the exports attained the peak figure at X kg in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, cyclic hydrocarbons exports declined rapidly to $X in 2021. Over the period under review, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 577% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for cyclic hydrocarbons exports from Morocco, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +26.0%.

In value terms, France ($X) also remains the key foreign market for other cyclic hydrocarbons exports from Morocco.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +5.1%.

Export Prices by Country

In 2021, the average cyclic hydrocarbons export price amounted to $X per ton, jumping by 59% against the previous year. In general, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2013 an increase of 869%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for France amounted to -16.6% per year.

Cyclic Hydrocarbons Imports

Imports into Morocco

In 2021, imports of other cyclic hydrocarbons into Morocco soared to X tons, picking up by 176% on the previous year. Overall, imports, however, showed a abrupt setback. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, cyclic hydrocarbons imports surged to $X in 2021. Over the period under review, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 128% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), China (X tons) and the Netherlands (X kg) were the main suppliers of cyclic hydrocarbons imports to Morocco, together comprising 83% of total imports. Spain and Belgium lagged somewhat behind, together comprising a further 2.2%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +66.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of other cyclic hydrocarbons to Morocco, comprising 50% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.0% per year) and the Netherlands (-8.1% per year).

Import Prices by Country

In 2021, the average cyclic hydrocarbons import price amounted to $X per ton, shrinking by -25.7% against the previous year. In general, the import price, however, recorded perceptible growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 56% against the previous year. The import price peaked at $X per ton in 2020, and then shrank remarkably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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