Morocco - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Morocco - Polycarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Polycarboxylic Acid Price in Morocco - 2022

Contents:

  1. Polycarboxylic Acid Price in Morocco (CIF) - 2022
  2. Polycarboxylic Acid Price in Morocco (FOB) - 2022
  3. Polycarboxylic Acid Imports in Morocco
  4. Polycarboxylic Acid Exports in Morocco

Polycarboxylic Acid Price in Morocco (CIF) - 2022

In 2022, the average polycarboxylic acid import price amounted to $2,343 per ton, surging by 28% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polycarboxylic acid import price increased by +95.7% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 53%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,461 per ton), while the price for Russia ($1,658 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Polycarboxylic Acid Price in Morocco (FOB) - 2022

In 2022, the average polycarboxylic acid export price amounted to $3,562 per ton, jumping by 38% against the previous year. In general, the export price posted buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 126%. As a result, the export price attained the peak level of $4,302 per ton. From 2021 to 2022, the average 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 Senegal amounted to +39.8% per year.

Polycarboxylic Acid Imports in Morocco

In 2022, the amount of polycarboxylic acids imported into Morocco expanded significantly to 20K tons, increasing by 5.7% on the previous year's figure. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, polycarboxylic acid imports soared to $47M in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 57%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Polycarboxylic Acid in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.41.55.511.8103.5%
Italy6.14.85.410.218.7%
Vietnam0.22.26.19.1257.0%
Netherlands5.24.57.35.41.3%
South Korea10.45.23.32.4-38.7%
China0.50.20.92.263.9%
Russia0.30.51.11.154.2%
Austria0.40.50.20.614.5%
Taiwan (Chinese)0.90.81.00.2-39.4%
Others1.01.83.53.551.8%
Total26.322.034.446.520.9%

Top Suppliers of Polycarboxylic Acid to Morocco in 2022:

  1. Turkey (5.7K tons)
  2. Vietnam (4.0K tons)
  3. Italy (3.0K tons)
  4. Netherlands (2.4K tons)
  5. South Korea (1.3K tons)
  6. China (1.0K tons)
  7. Russia (0.7K tons)
  8. Austria (0.3K tons)
  9. Taiwan (Chinese) (0.1K tons)

Polycarboxylic Acid Exports in Morocco

Polycarboxylic acid exports from Morocco shrank rapidly to 2.8 tons in 2022, falling by -92.6% compared with the previous year's figure. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 8,377% against the previous year. As a result, the exports reached the peak of 38 tons, and then shrank dramatically in the following year.

In value terms, polycarboxylic acid exports shrank notably to $10K in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 4,970% against the previous year. As a result, the exports attained the peak of $98K, and then fell rapidly in the following year.

Export of Polycarboxylic Acid in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MauritaniaN/AN/A5.710.177.2%
Cote d'Ivoire4.7N/AN/AN/A0%
SenegalN/A1.73.7N/A117.6%
Guinea2.9N/AN/AN/A0%
AlgeriaN/AN/A88.8N/A0%
OthersN/A0.2N/AN/A0%
Total7.61.998.210.19.9%

Top Export Markets for Polycarboxylic Acid from Morocco in 2022:

  1. Mauritania (2.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polycarboxylic acid 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 20143383 - Oxalic, azelaic, malonic, other, cyclanic, cylenic or cycloterpenic polycarboxylic acids, salts
  • Prodcom 20143385 - Adipic acid, its salts and esters
  • Prodcom 20143387 - Maleic anhydride
  • Prodcom 20143410 - Dibutyl and dioctyl orthophthalates
  • Prodcom 20143420 - Other esters of orthophthalic acid
  • Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
  • Prodcom 20143440 - Aromatic polycarboxylic acids, their anhydrides, halides, p eroxides, peroxyacids and their halogenated, sulphonated, n itrated or nitrosated derivatives (excluding esters of orthophthalic acid, phthalic anhydride, terephthalic acid and

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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