Report Update Nov 1, 2024

Morocco - Salts of Acetic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Market for Salts Of Acetic Acid 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for salts of acetic acid 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 consumption. Japan, Russia, Brazil, Germany, Mexico, Democratic Republic of the Congo, Thailand and France lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of salts of acetic acid in the world?

China remains the largest salts of acetic acid producing country worldwide, comprising approx. 33% of total volume. Moreover, salts of acetic acid production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 7.4% share.

What are the leading suppliers of salts of acetic acid to Morocco?

In value terms, the Netherlands constituted the largest supplier of salts of acetic acid to Morocco, comprising 43% of total imports. The second position in the ranking was occupied by Spain, with a 14% share of total imports. It was followed by France, with a 13% share.

What is the average export price for salts of acetic acid in Morocco?

In 2019, the average salts of acetic acid export price amounted to $3,711 per ton, reducing by -35.5% against the previous year.

What is the average import price for salts of acetic acid in Morocco?

In 2021, the average salts of acetic acid import price amounted to $1,224 per ton, dropping by -7.5% against the previous year.

This report provides an in-depth analysis of the market for salts of acetic 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 20143278 - Salts of acetic acid

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