Morocco: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in Morocco

In 2022, after two years of growth, there was decline in the Moroccan aluminium hydroxide market, when its value decreased by X% to $X. Overall, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium Hydroxide Production in Morocco

In value terms, aluminium hydroxide production reached $X in 2022 estimated in export price. In general, the total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Aluminium Hydroxide Exports

Exports from Morocco

In 2022, approx. X tons of aluminium hydroxide were exported from Morocco; stabilizing at the previous year's figure. Over the period under review, exports posted a significant increase. The smallest decline of X% was in 2017. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, aluminium hydroxide exports amounted to $X in 2022. Overall, exports recorded a deep reduction. The smallest decline of X% was in 2017. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal (X tons) was the main destination for aluminium hydroxide exports from Morocco, accounting for a approx. X% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of volume to Senegal was relatively modest.

From 2016 to 2022, the average annual rate of growth in terms of value to Senegal was relatively modest.

Export Prices by Country

In 2022, the average aluminium hydroxide export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price showed a precipitous setback. The growth pace was the most rapid in 2017 a decrease of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2016 to 2022, the rate of growth in terms of prices for France amounted to X% per year.

Aluminium Hydroxide Imports

Imports into Morocco

In 2022, approx. X tons of aluminium hydroxide were imported into Morocco; waning by X% compared with 2021. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped slightly in the following year.

In value terms, aluminium hydroxide imports soared to $X in 2022. In general, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Spain (X tons), Germany (X tons) and Romania (X tons) were the main suppliers of aluminium hydroxide imports to Morocco, together accounting for X% of total imports.

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

In value terms, the largest aluminium hydroxide suppliers to Morocco were Spain ($X), Germany ($X) and France ($X), with a combined X% share of total imports. Romania, China and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average aluminium hydroxide import price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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