Morocco: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2024

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Morocco

The Moroccan market for medicaments of alkaloids or derivatives thereof fell modestly to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Morocco

In value terms, production of medicaments of alkaloids or derivatives thereof shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Morocco

In 2022, approx. X tons of medicaments of alkaloids or derivatives thereof were exported from Morocco; jumping by X% against the previous year. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of medicaments of alkaloids or derivatives thereof rose remarkably to $X in 2022. Overall, exports saw a moderate expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Libya (X tons), Cote d'Ivoire (X tons) and Cameroon (X tons) were the main destinations of exports of medicaments of alkaloids or derivatives thereof from Morocco, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), Libya ($X) and France ($X) appeared to be the largest markets for medicaments of alkaloids or derivatives thereof exported from Morocco worldwide, together accounting for X% of total exports.

Cote d'Ivoire, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, declining by X% against the previous year. Overall, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Morocco

Imports of medicaments of alkaloids or derivatives thereof into Morocco declined to X tons in 2022, falling by X% compared with 2021. In general, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of medicaments of alkaloids or derivatives thereof dropped to $X in 2022. Over the period under review, imports recorded a precipitous descent. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), India (X kg) and Tunisia (X kg) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Morocco, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Morocco, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and India (X% per year).

Import Prices by Country

The average import price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X 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 Italy ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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