Morocco: Market for Sulphates Of Barium Or Aluminium 2022

Market Size for Sulphates Of Barium Or Aluminium in Morocco

In 2021, the Moroccan barium or aluminium sulphates market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Barium or aluminium sulphates consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in Morocco

In value terms, barium or aluminium sulphates production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable slump. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Morocco

In 2021, overseas shipments of sulphates of barium or aluminium were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports skyrocketed to $X in 2021. In general, exports, however, saw a drastic downturn. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Senegal (X tons), Congo (X tons) and Cote d'Ivoire (X tons) were the main destinations of barium or aluminium sulphates exports from Morocco, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Cote d'Ivoire (with a CAGR of -X%), while shipments for the other leaders experienced a decline.

In value terms, Congo ($X) remains the key foreign market for barium or aluminium sulphates exports from Morocco, comprising X% of total exports. The second position in the ranking was occupied by Senegal ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Congo stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (-X% per year) and Cote d'Ivoire (-X% per year).

Export Prices by Country

The average barium or aluminium sulphates export price stood at $X per ton in 2021, falling by -X% against the previous year. In general, the export price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then plummeted in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Congo ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+X%), while the prices for the other major destinations experienced a decline.

Imports of Sulphates Of Barium Or Aluminium

Imports into Morocco

In 2021, approx. X tons of sulphates of barium or aluminium were imported into Morocco; jumping by X% compared with 2020 figures. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, barium or aluminium sulphates imports rose sharply to $X in 2021. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Romania (X tons) constituted the largest barium or aluminium sulphates supplier to Morocco, with a X% share of total imports. Moreover, barium or aluminium sulphates imports from Romania exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Romania was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and China (+X% per year).

In value terms, Romania ($X), Italy ($X) and China ($X) were the largest barium or aluminium sulphates suppliers to Morocco, together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average barium or aluminium sulphates import price stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform