Report Update Nov 1, 2024

Morocco - Sodium Triphosphate (Sodium Tripolyphosphates) - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Morocco

The Moroccan sodium triphosphate market rose notably to $X in 2021, surging by 9.9% 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). In general, consumption, however, continues to indicate a perceptible contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Sodium Triphosphate Exports

Exports from Morocco

In 2021, shipments abroad of sodium triphosphate (sodium tripolyphosphates) decreased by -54.7% to X tons, falling for the third consecutive year after two years of growth. In general, exports recorded a dramatic setback. The pace of growth appeared the most rapid in 2018 when exports increased by 528% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sodium triphosphate exports reduced to $X in 2021. Over the period under review, exports faced a dramatic descent. The growth pace was the most rapid in 2018 when exports increased by 645%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) and Mauritania (X kg) were the main destinations of sodium triphosphate exports from Morocco.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritania (with a CAGR of +22.1%).

In value terms, China ($X) emerged as the key foreign market for sodium triphosphate exports from Morocco, comprising 68% of total exports. The second position in the ranking was held by Mauritania ($X), with a 32% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China totaled -17.2%.

Export Prices by Country

The average sodium triphosphate export price stood at $X per ton in 2021, increasing by 91% against the previous year. Over the period under review, the export price posted buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Mauritania totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+60.8%).

Sodium Triphosphate Imports

Imports into Morocco

For the third consecutive year, Morocco recorded growth in supplies from abroad of sodium triphosphate (sodium tripolyphosphates), which increased by 3.8% to X tons in 2021. In general, imports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2016 when imports increased by 49% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sodium triphosphate imports reached $X in 2021. Overall, imports, however, continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2016 with an increase of 35% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Tunisia (X tons) constituted the largest supplier of sodium triphosphate to Morocco, with a 74% share of total imports. Moreover, sodium triphosphate imports from Tunisia exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Tunisia totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+3.6% per year) and Russia (-16.4% per year).

In value terms, Tunisia ($X) constituted the largest supplier of sodium triphosphate to Morocco, comprising 74% of total imports. The second position in the ranking was held by Belgium ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Tunisia totaled -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-0.0% per year) and Russia (-18.0% per year).

Import Prices by Country

The average sodium triphosphate import price stood at $X per ton in 2021, surging by 7.6% against the previous year. Overall, the import price, however, saw a slight slump. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Tunisia ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium triphosphate (sodium tripolyphosphates) in the world?

China remains the largest sodium triphosphate consuming country worldwide, comprising approx. 38% of total volume. Moreover, sodium triphosphate consumption in China exceeded the figures recorded by the second-largest consumer, Tunisia, fourfold. Kazakhstan ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of sodium triphosphate (sodium tripolyphosphates) in the world?

China remains the largest sodium triphosphate producing country worldwide, accounting for 52% of total volume. Moreover, sodium triphosphate production in China exceeded the figures recorded by the second-largest producer, Tunisia, fourfold. Belgium ranked third in terms of total production with a 9.8% share.

What are the leading suppliers of sodium triphosphate (sodium tripolyphosphates) to Morocco?

In value terms, Tunisia constituted the largest supplier of sodium triphosphate to Morocco, comprising 76% of total imports. The second position in the ranking was occupied by Belgium, with an 18% share of total imports. It was followed by Russia, with a 2.8% share.

What is the average export price for sodium triphosphate (sodium tripolyphosphates) in Morocco?

In 2021, the average sodium triphosphate export price amounted to $811 per ton, declining by -55.7% against the previous year.

What is the average import price for sodium triphosphate (sodium tripolyphosphates) in Morocco?

In 2021, the average sodium triphosphate import price amounted to $848 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the sodium triphosphate 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 20134270 - Sodium triphosphate (sodium tripolyphosphates)

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