Report Update Nov 1, 2024

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

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Morocco: Sulphites Market 2024

Sulphites Market Size in Morocco

In 2022, the Moroccan sulphites market increased by 48% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +128.9% against 2020 indices. Sulphites consumption peaked in 2022 and is expected to retain growth in the near future.

Sulphites Exports

Exports from Morocco

In 2022, the amount of sulphites exported from Morocco fell to X tons, dropping by -11.4% against the previous year. Over the period under review, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 702%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphites exports skyrocketed to $X in 2022. Overall, exports, however, showed resilient growth. The growth pace was the most rapid in 2018 with an increase of 946% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Mauritania (X tons) was the main destination for sulphites exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania amounted to +42.4%.

In value terms, Mauritania ($X) also remains the key foreign market for sulphites exports from Morocco.

From 2012 to 2022, the average annual growth rate of value to Mauritania stood at +44.9%.

Export Prices by Country

The average sulphites export price stood at $X per ton in 2022, increasing by 43% against the previous year. Overall, the export price, however, continues to indicate a noticeable reduction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to +1.8% per year.

Sulphites Imports

Imports into Morocco

In 2022, purchases abroad of sulphites increased by 23% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, sulphites imports soared to $X in 2022. In general, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +146.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of sulphites imports to Morocco, together accounting for 91% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +10.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of sulphites to Morocco, comprising 52% of total imports. The second position in the ranking was taken by Turkey ($X), with a 20% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+6.1% per year) and Germany (-3.6% per year).

Import Prices by Country

The average sulphites import price stood at $X per ton in 2022, jumping by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.3%), 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 sulphites in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 38% of global consumption. Japan, Democratic Republic of the Congo, Russia, Germany, Brazil, the UK, France, Mexico, Italy and Iran lagged somewhat behind, together comprising a further 34%.

What are the largest producers of sulphites in the world?

China constituted the country with the largest volume of sulphites production, accounting for 33% of total volume. Moreover, sulphites 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 a 9.5% share.

What are the leading suppliers of sulphites to Morocco?

In value terms, Germany, Italy and Turkey were the largest sulphites suppliers to Morocco, together comprising 84% of total imports. China and France lagged somewhat behind, together accounting for a further 11%.

What are the leading importers of sulphites from Morocco?

In value terms, Mauritania remains the key foreign market for sulphites exports from Morocco.

What is the average export price for sulphites in Morocco?

In 2021, the average sulphites export price amounted to $925 per ton, increasing by 16% against the previous year.

What is the average import price for sulphites in Morocco?

In 2021, the average sulphites import price amounted to $573 per ton, with an increase of 14% against the previous year.

This report provides an in-depth analysis of the sulphites 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 20134133 - Sulphites

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