Morocco: Market for Salts Of Acetic Acid 2025

Market Size for Salts Of Acetic Acid in Morocco

The Moroccan salts of acetic acid market skyrocketed to $X in 2022, picking up by 59% 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 saw noticeable growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Exports of Salts Of Acetic Acid

Exports from Morocco

In 2022, after two years of decline, there was decline in overseas shipments of salts of acetic acid, when their volume decreased by 0% to X kg. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 873%. As a result, the exports reached the peak of X kg. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, salts of acetic acid exports totaled $X in 2022. Over the period under review, exports continue to indicate a significant increase. The smallest decline of -18.3% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mauritania (X kg) was the main destination for salts of acetic acid exports from Morocco, accounting for a approx. 100% share of total exports.

From 2016 to 2022, the average annual growth rate of volume to Mauritania totaled +53.3%.

From 2016 to 2022, the average annual rate of growth in terms of value to Mauritania stood at +23.4%.

Export Prices by Country

The average salts of acetic acid export price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average export price decreased by -91.6%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2016 to 2022, the rate of growth in terms of prices for Mauritania amounted to -19.6% per year.

Imports of Salts Of Acetic Acid

Imports into Morocco

In 2022, the amount of salts of acetic acid imported into Morocco skyrocketed to X tons, picking up by 69% on the previous year. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2017 when imports increased by 331%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, salts of acetic acid imports surged to $X in 2022. In general, imports posted a perceptible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 500%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest salts of acetic acid supplier to Morocco, with a 52% share of total imports. Moreover, salts of acetic acid imports from India exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +87.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+46.7% per year) and the Netherlands (-9.8% per year).

In value terms, India ($X), Spain ($X) and the Netherlands ($X) were the largest salts of acetic acid suppliers to Morocco, together comprising 82% of total imports.

In terms of the main suppliers, India, with a CAGR of +76.1%, 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

The average salts of acetic acid import price stood at $X per ton in 2022, shrinking by -10.5% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2017 an increase of 39% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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