Report Update Nov 1, 2024

Morocco - Oxides of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Market for Oxides Of Boron and Boric Acids 2024

Market Size for Oxides Of Boron and Boric Acids in Morocco

The Moroccan market for oxides of boron and boric acids skyrocketed to $X in 2021, surging by 68% 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). In general, consumption continues to indicate strong growth. Boron oxide and boric acid consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Exports of Oxides Of Boron and Boric Acids

Exports from Morocco

In 2021, after three years of decline, there was decline in overseas shipments of oxides of boron and boric acids, when their volume decreased by 0% to X kg. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 104% against the previous year. The exports peaked at X kg in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, boron oxide and boric acid exports totaled $X in 2021. Overall, exports saw a mild increase. The pace of growth appeared the most rapid in 2013 with an increase of 153%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Mauritania (X kg) was the main destination for boron oxide and boric acid exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mauritania amounted to -1.3%.

From 2012 to 2021, the average annual rate of growth in terms of value to Mauritania amounted to +2.3%.

Export Prices by Country

The average export price for oxides of boron and boric acids stood at $X per ton in 2021, flattening at the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 24%. As a result, the export price attained 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 Mauritania.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +24.3% per year.

Imports of Oxides Of Boron and Boric Acids

Imports into Morocco

In 2021, the amount of oxides of boron and boric acids imported into Morocco skyrocketed to X tons, jumping by 68% against the year before. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 142% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, boron oxide and boric acid imports skyrocketed to $X in 2021. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 127%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons) and the United States (X tons) were the main suppliers of boron oxide and boric acid imports to Morocco.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +73.0%).

In value terms, the largest boron oxide and boric acid suppliers to Morocco were Turkey ($X) and the United States ($X).

Turkey, with a CAGR of +61.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2021, the average import price for oxides of boron and boric acids amounted to $X per ton, leveling off at the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, boron oxide and boric acid import price decreased by -20.5% against 2015 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oxides of boron and boric acids in the world?

The countries with the highest volumes of in 2021 were Turkey, China and the United States, together comprising 57% of global consumption.

What are the largest producers of oxides of boron and boric acids in the world?

The countries with the highest volumes of in 2021 were Turkey, the United States and Chile, with a combined 77% share of global production. Russia, Argentina, Peru and Luxembourg lagged somewhat behind, together accounting for a further 20%.

What are the leading suppliers of oxides of boron and boric acids to Morocco?

In value terms, the United States and Turkey appeared to be the largest boron oxide and boric acid suppliers to Morocco.

What is the average export price for oxides of boron and boric acids in Morocco?

In 2018, the average export price for oxides of boron and boric acids amounted to $3,247 per ton, waning by -8.2% against the previous year.

What is the average import price for oxides of boron and boric acids in Morocco?

The average import price for oxides of boron and boric acids stood at $1,111 per ton in 2021, falling by -12.7% against the previous year.

This report provides an in-depth analysis of the market for boron oxide and boric acid in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132462 -
Prodcom 20132465 -

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023