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Morocco - Nitrates Of Potassium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotassium Nitrate Price in Morocco - 2022
Contents:
- Potassium Nitrate Price in Morocco (CIF) - 2022
- Potassium Nitrate Price in Morocco (FOB) - 2022
- Potassium Nitrate Imports in Morocco
- Potassium Nitrate Exports in Morocco
Potassium Nitrate Price in Morocco (CIF) - 2022
In December 2022, the average potassium nitrate import price amounted to $1,549 per ton, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in February 2022 an increase of 15% m-o-m. Over the period under review, average import prices attained the peak figure at $1,724 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Spain ($1,839 per ton) and Denmark ($1,760 per ton), while the price for Chile ($1,503 per ton) and Jordan ($1,522 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Potassium Nitrate Price in Morocco (FOB) - 2022
In 2022, the average potassium nitrate export price amounted to $1,744 per ton, rising by 68% against the previous year. Over the period under review, the export price saw slight growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 86%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($1,812 per ton), while the average price for exports to Senegal totaled $875 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+20.7%).
Potassium Nitrate Imports in Morocco
In 2022, overseas purchases of potassium nitrates decreased by -10.4% to 27K tons, falling for the second year in a row after two years of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports attained the peak of 33K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, potassium nitrate imports surged to $41M in 2022. Over the period under review, imports, however, saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Potassium Nitrate in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 11.8 | 10.4 | 11.1 | 13.8 | 5.4% |
Israel | N/A | N/A | N/A | 9.6 | 0% |
Jordan | 3.6 | 4.5 | 5.7 | 9.5 | 38.2% |
Turkey | N/A | N/A | 0.8 | 6.3 | 687.5% |
Denmark | 1.0 | 0.7 | 2.9 | 1.0 | 0.0% |
Russia | 0.7 | 0.5 | 0.4 | N/A | -24.4% |
China | 5.3 | 7.3 | 0.6 | N/A | -66.4% |
Belarus | N/A | 1.1 | 3.5 | N/A | 218.2% |
Others | 0.1 | 0.6 | 0.3 | 0.6 | 81.7% |
Total | 22.3 | 25.2 | 25.2 | 40.8 | 22.3% |
Top Suppliers of Potassium Nitrate to Morocco in 2022:
- Chile (9.3K tons)
- Jordan (6.3K tons)
- Israel (6.2K tons)
- Turkey (4.0K tons)
- Denmark (0.9K tons)
Potassium Nitrate Exports in Morocco
In 2022, approx. 62 tons of potassium nitrates were exported from Morocco; with a decrease of -60.6% compared with the previous year's figure. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 287% against the previous year. As a result, the exports reached the peak of 157 tons, and then shrank notably in the following year.
In value terms, potassium nitrate exports plummeted to $108K in 2022. Over the period under review, exports, however, posted strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 619%. As a result, the exports reached the peak of $164K, and then contracted markedly in the following year.
Export of Potassium Nitrate in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | 75.5 | 16.6 | 73.5 | 104 | 11.3% |
Senegal | 3.1 | 6.2 | 51.8 | 3.9 | 8.0% |
Spain | N/A | N/A | 38.4 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 78.6 | 22.8 | 164 | 108 | 11.2% |
Top Export Markets for Potassium Nitrate from Morocco in 2022:
- Mauritania (57.5 tons)
- Senegal (4.5 tons)
This report provides an in-depth analysis of the potassium nitrate 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 4025 - Potassium nitrate
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
This report provides an in-depth analysis of the potassium nitrate market in Morocco.
This report provides an in-depth analysis of the nitrates market in Morocco.
This report provides an in-depth analysis of the nitrites market in Morocco.
This report provides an in-depth analysis of the global potassium nitrate market.
This report provides an in-depth analysis of the global nitrates market.
This report provides an in-depth analysis of the global nitrites market.
This report provides an in-depth analysis of the potassium nitrate market in Morocco.
This report provides an in-depth analysis of the nitrates market in Morocco.
This report provides an in-depth analysis of the nitrites market in Morocco.
This report provides an in-depth analysis of the global potassium nitrate market.
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