Report Update Nov 1, 2024

Morocco - Potassium Chloride (MOP) - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Potassium Chloride (Mop) Market 2024

Potassium Chloride (Mop) Market Size in Morocco

In 2022, the Moroccan potassium chloride (MOP) market increased by 41% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a significant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Potassium Chloride (Mop) Exports

Exports from Morocco

In 2022, approx. X tons of potassium chloride (MOP) were exported from Morocco; waning by -72.6% compared with 2021. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 41,449%. As a result, the exports attained the peak of X tons, and then reduced remarkably in the following year.

In value terms, potassium chloride (MOP) exports shrank remarkably to $X in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 34,646% against the previous year. As a result, the exports reached the peak of $X, and then contracted notably in the following year.

Exports by Country

Spain (X tons), South Africa (X tons) and Angola (X tons) were the main destinations of potassium chloride (MOP) exports from Morocco, together accounting for 49% of total exports.

From 2018 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of +4,405.2%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Spain ($X) and Angola ($X) constituted the largest markets for potassium chloride (MOP) exported from Morocco worldwide, with a combined 47% share of total exports.

Angola, with a CAGR of +5,683.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potassium chloride (MOP) export price stood at $X per ton in 2022, surging by 114% against the previous year. Overall, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+44.3%), while the prices for the other major destinations experienced more modest paces of growth.

Potassium Chloride (Mop) Imports

Imports into Morocco

In 2022, approx. X tons of potassium chloride (MOP) were imported into Morocco; approximately mirroring the year before. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 704% against the previous year. Imports peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, potassium chloride (MOP) imports soared to $X in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2013 with an increase of 509% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of potassium chloride (MOP) to Morocco, with a 71% share of total imports. Moreover, potassium chloride (MOP) imports from Canada exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold. The third position in this ranking was held by Jordan (X tons), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to +64.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+83.7% per year) and Jordan (+90.5% per year).

In value terms, Canada ($X) constituted the largest supplier of potassium chloride (MOP) to Morocco, comprising 54% of total imports. The second position in the ranking was held by Spain ($X), with a 24% share of total imports. It was followed by Jordan, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada totaled +66.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+93.3% per year) and Jordan (+80.7% per year).

Import Prices by Country

The average potassium chloride (MOP) import price stood at $X per ton in 2022, picking up by 47% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Georgia ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+199.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for potassium chloride (mop) in the world?

The countries with the highest volumes of potassium chloride mop) consumption in 2021 were China, Brazil and the United States, together comprising 54% of global consumption. These countries were followed by India, Belarus, Indonesia, Jordan, Malaysia, South Korea and Israel, which together accounted for a further 24%.

What are the largest producers of potassium chloride (mop) in the world?

The countries with the highest volumes of potassium chloride mop) production in 2021 were Canada, Russia and Belarus, with a combined 67% share of global production. These countries were followed by China, Israel, Jordan and Germany, which together accounted for a further 26%.

What are the leading suppliers of potassium chloride (mop) to Morocco?

In value terms, Belarus constituted the largest supplier of potassium chloride mop) to Morocco, comprising 61% of total imports. The second position in the ranking was occupied by Lithuania, with a 30% share of total imports.

What is the average export price for potassium chloride (mop) in Morocco?

The average potassium chloride mop) export price stood at $395 per ton in 2021, dropping by -7.9% against the previous year.

What is the average import price for potassium chloride (mop) in Morocco?

In 2021, the average potassium chloride mop) import price amounted to $238 per ton, increasing by 13% against the previous year.

This report provides an in-depth analysis of the potassium chloride (mop) market 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:

FCL 4016 -

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