Report Update Nov 1, 2024

Morocco - Silicon Dioxide - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Morocco

The Moroccan silicon dioxide market soared to $X in 2021, jumping by 431% 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). Overall, consumption posted a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Silicon Dioxide Exports

Exports from Morocco

After two years of decline, shipments abroad of silicon dioxide increased by 39% to X kg in 2021. Overall, exports, however, saw a significant decrease. The most prominent rate of growth was recorded in 2015 with an increase of 208%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, silicon dioxide exports expanded significantly to $X in 2021. In general, exports, however, recorded a dramatic setback. The pace of growth appeared the most rapid in 2015 with an increase of 172%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Senegal (X kg) was the main destination for silicon dioxide exports from Morocco, accounting for a 51% share of total exports. Moreover, silicon dioxide exports to Senegal exceeded the volume sent to the second major destination, France (X kg), threefold. Gabon (X kg) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Senegal amounted to -15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-11.7% per year) and Gabon (-15.8% per year).

In value terms, Senegal ($X) emerged as the key foreign market for silicon dioxide exports from Morocco, comprising 58% of total exports. The second position in the ranking was held by Gabon ($X), with a 14% share of total exports. It was followed by France, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Senegal stood at -24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gabon (-11.5% per year) and France (-23.4% per year).

Export Prices by Country

In 2021, the average silicon dioxide export price amounted to $X per ton, dropping by -17.7% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 160%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

Silicon Dioxide Imports

Imports into Morocco

For the third year in a row, Morocco recorded growth in purchases abroad of silicon dioxide, which increased by 510% to X tons in 2021. Over the period under review, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, silicon dioxide imports surged to $X in 2021. In general, imports continue to indicate moderate growth. The growth pace was the most rapid in 2019 with an increase of 58%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of silicon dioxide to Morocco, with a 17% share of total imports. Moreover, silicon dioxide imports from Spain exceeded the figures recorded by the second-largest supplier, Sweden (X tons), sevenfold. The third position in this ranking was held by Germany (X tons), with a 0.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+27.0% per year) and Germany (+1.3% per year).

In value terms, the largest silicon dioxide suppliers to Morocco were Sweden ($X), Spain ($X) and Germany ($X), together accounting for 49% of total imports.

Among the main suppliers, Sweden, with a CAGR of +22.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average silicon dioxide import price amounted to $X per ton, reducing by -74.6% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by 113% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.7%), 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 silicon dioxide in the world?

The countries with the highest volumes of silicon dioxide consumption in 2021 were China, the United States and India, with a combined 40% share of global consumption. Japan, Brazil, Qatar, Indonesia, Belgium, the UK, Taiwan Chinese), Turkey, South Korea and Canada lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of silicon dioxide in the world?

China remains the largest silicon dioxide producing country worldwide, accounting for 31% of total volume. Moreover, silicon dioxide production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of silicon dioxide to Morocco?

In value terms, Spain, China and Sweden were the largest silicon dioxide suppliers to Morocco, with a combined 63% share of total imports. Germany, Belgium, the UK and the Netherlands lagged somewhat behind, together comprising a further 28%.

What are the leading importers of silicon dioxide from Morocco?

In value terms, Senegal remains the key foreign market for silicon dioxide exports from Morocco.

What is the average export price for silicon dioxide in Morocco?

In 2021, the average silicon dioxide export price amounted to $1,826 per ton, waning by -21.1% against the previous year.

What is the average import price for silicon dioxide in Morocco?

The average silicon dioxide import price stood at $2,121 per ton in 2021, which is down by -33.7% against the previous year.

This report provides an in-depth analysis of the silicon dioxide 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 20132475 - Silicon dioxide

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