Morocco - Potassic Fertilizers (Mineral And Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPotassic Fertilizer Price in Morocco - 2022
Contents:
- Potassic Fertilizer Price in Morocco (CIF) - 2022
- Potassic Fertilizer Price in Morocco (FOB) - 2022
- Potassic Fertilizer Imports in Morocco
- Potassic Fertilizer Exports in Morocco
Potassic Fertilizer Price in Morocco (CIF) - 2022
In 2022, the average potassic fertilizer import price amounted to $509 per ton, jumping by 48% against the previous year. In general, the import price, however, showed a perceptible slump. Over the period under review, average import prices reached the peak figure at $654 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,101 per ton), while the price for Canada ($356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+77.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassic Fertilizer Price in Morocco (FOB) - 2022
The average potassic fertilizer export price stood at $770 per ton in 2022, with an increase of 115% against the previous year. Overall, the export price continues to indicate a moderate increase. Over the period under review, the average export prices hit record highs at $899 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($1,000 per ton), while the average price for exports to Spain ($485 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+44.3%), while the prices for the other major destinations experienced more modest paces of growth.
Potassic Fertilizer Imports in Morocco
In 2022, the amount of potassic fertilizers imported into Morocco declined slightly to 465K tons, flattening at the year before. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. As a result, imports attained the peak of 470K tons, and then shrank in the following year.
In value terms, potassic fertilizer imports skyrocketed to $236M in 2022. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 85%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Potassic Fertilizer in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 45.3 | 19.8 | 11.5 | 108 | 33.6% |
| Spain | 0.2 | 0.2 | 0.4 | 48.2 | 522.3% |
| Jordan | 1.0 | 0.1 | 0.3 | 20.9 | 175.5% |
| Egypt | 10.9 | 5.2 | 10.0 | 19.2 | 20.8% |
| Georgia | N/A | N/A | N/A | 14.7 | 0% |
| Belgium | 8.3 | 7.7 | 8.6 | 11.1 | 10.2% |
| Uzbekistan | N/A | N/A | 1.9 | 7.9 | 315.8% |
| Germany | 6.2 | 7.5 | 7.8 | 1.8 | -33.8% |
| Russia | 15.8 | 18.6 | 79.0 | N/A | 123.6% |
| Lithuania | 12.6 | 8.9 | 13.5 | N/A | 3.5% |
| Belarus | 7.5 | 9.4 | 25.5 | N/A | 84.4% |
| Others | 5.0 | 10.0 | 3.2 | 4.5 | -3.5% |
| Total | 113 | 87.3 | 162 | 236 | 27.8% |
Top Suppliers of Potassic Fertilizer to Morocco in 2022:
- Canada (304.0K tons)
- Spain (55.7K tons)
- Jordan (40.2K tons)
- Egypt (17.7K tons)
- Georgia (16.5K tons)
- Uzbekistan (10.6K tons)
- Belgium (10.1K tons)
- Germany (5.5K tons)
Potassic Fertilizer Exports in Morocco
Potassic fertilizer exports from Morocco reduced dramatically to 11K tons in 2022, waning by -72.5% on 2021 figures. In general, exports recorded a perceptible contraction. The pace of growth was the most pronounced in 2021 when exports increased by 41,504% against the previous year. As a result, the exports reached the peak of 42K tons, and then dropped notably in the following year.
In value terms, potassic fertilizer exports fell significantly to $8.8M in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 34,756% against the previous year. As a result, the exports reached the peak of $15M, and then dropped remarkably in the following year.
| Export of Potassic Fertilizer in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 2,030 | 0% |
| Spain | N/A | N/A | 564 | 1,068 | 89.4% |
| Angola | N/A | 0.3 | 42.6 | 1,010 | 5702.3% |
| Brazil | 1,052 | 35.1 | 7,903 | 757 | -10.4% |
| Cameroon | 27.6 | N/A | N/A | 693 | 192.8% |
| Portugal | 50.0 | 1.7 | 396 | 657 | 136.0% |
| Cote d'Ivoire | N/A | N/A | N/A | 540 | 0% |
| Senegal | N/A | N/A | N/A | 464 | 0% |
| Gabon | N/A | N/A | N/A | 396 | 0% |
| France | 799 | 5.4 | 496 | 262 | -31.0% |
| Paraguay | 814 | N/A | 1,407 | N/A | 31.5% |
| Vietnam | N/A | N/A | 1,603 | N/A | 0% |
| Uruguay | 473 | N/A | 1,097 | N/A | 52.3% |
| Others | 1,283 | 0.3 | 1,433 | 927 | -10.3% |
| Total | 4,499 | 42.9 | 14,941 | 8,804 | 25.1% |
Top Export Markets for Potassic Fertilizer from Morocco in 2022:
- Spain (2.2K tons)
- South Africa (2.1K tons)
- Angola (1.3K tons)
- Brazil (1.0K tons)
- Portugal (0.8K tons)
- Cameroon (0.8K tons)
- Senegal (0.6K tons)
- Gabon (0.6K tons)
- Cote d'Ivoire (0.5K tons)
- France (0.3K tons)
This report provides an in-depth analysis of the potassic fertilizer 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:
- FCL 4016 - Potassium chloride (muriate of potash) (MOP)
- FCL 4017 - Potassium sulphate (sulphate of potash) (SOP)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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