Report Update Nov 1, 2024

Morocco - Salt - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Salt Market 2024

Salt Market Size in Morocco

In 2022, the Moroccan salt market decreased by -26.4% to $X, falling for the second year in a row after two years of growth. In general, consumption showed a noticeable decline. Salt consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Salt Production in Morocco

In value terms, salt production expanded remarkably to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 35% against the previous year. Salt production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Salt Exports

Exports from Morocco

In 2022, approx. X tons of salt and pure sodium chloride were exported from Morocco; jumping by 90% compared with the year before. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 178%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, salt exports soared to $X in 2022. In general, exports posted a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 157% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Lithuania (X tons), Latvia (X tons) and the United States (X tons) were the main destinations of salt exports from Morocco, with a combined 78% share of total exports. Canada, France, Sweden and Italy lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +229.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for salt exported from Morocco were Lithuania ($X), Latvia ($X) and Canada ($X), with a combined 58% share of total exports.

Among the main countries of destination, Canada, with a CAGR of +192.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average salt export price stood at $X per ton in 2022, picking up by 14% against the previous year. Over the period under review, the export price, however, showed a mild slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United States ($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 Italy (+23.3%), while the prices for the other major destinations experienced a decline.

Salt Imports

Imports into Morocco

For the eleventh consecutive year, Morocco recorded growth in purchases abroad of salt and pure sodium chloride, which increased by 12% to X tons in 2022. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 26%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, salt imports soared to $X in 2022. In general, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2014 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Spain (X tons), Egypt (X tons) and France (X tons) were the main suppliers of salt imports to Morocco, together comprising 81% of total imports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +169.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest salt suppliers to Morocco were Spain ($X), Egypt ($X) and France ($X), together comprising 76% of total imports.

In terms of the main suppliers, Egypt, with a CAGR of +176.4%, recorded the highest growth rate of 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 salt import price amounted to $X per ton, increasing by 7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 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 Belgium ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.7%), 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 salt and pure sodium chloride in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 48% share of global consumption.

What are the largest producers of salt and pure sodium chloride in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 45% share of global production. Mexico, Germany, Australia, Canada, Chile, Brazil, France, Turkey, the Netherlands and the UK lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of salt and pure sodium chloride to Morocco?

In value terms, Spain, France and India appeared to be the largest salt suppliers to Morocco, together comprising 69% of total imports. These countries were followed by Germany, Turkey, the Netherlands and Egypt, which together accounted for a further 24%.

What are the leading importers of salt and pure sodium chloride from Morocco?

In value terms, Canada remains the key foreign market for salt exports from Morocco, comprising 83% of total exports. The second position in the ranking was occupied by the United States, with a 15% share of total exports.

What is the average export price for salt and pure sodium chloride in Morocco?

The average salt export price stood at $31 per ton in 2021, with an increase of 1.9% against the previous year.

What is the average import price for salt and pure sodium chloride in Morocco?

The average salt import price stood at $177 per ton in 2021, with an increase of 2% against the previous year.

This report provides an in-depth analysis of the salt 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:

Prodcom 08931000 - Salt (including denatured salt but excluding salt suitable for human consumption) and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents
Prodcom 10843000 - Salt suitable for human consumption

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