Morocco: Market for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) 2024

Market Size for Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Morocco

The Moroccan market for siliceous fossil meals (kieselguhr, tripolite and diatomite) stood at $X in 2023, remaining stable against the previous year. In general, consumption, however, continues to indicate a significant expansion. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite) in Morocco

In value terms, production of siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X in 2023 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Exports from Morocco

In 2023, after two years of growth, there was significant decline in overseas shipments of siliceous fossil meals (kieselguhr, tripolite and diatomite), when their volume decreased by X% to X tons. Over the period under review, exports saw a sharp slump. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) declined sharply to $X in 2023. Overall, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) from Morocco, accounting for a X% share of total exports. Moreover, exports of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Canada exceeded the volume sent to the second major destination, Portugal (X kg), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Canada totaled X%.

In value terms, Canada ($X) remains the key foreign market for siliceous fossil meals (kieselguhr, tripolite and diatomite) exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Portugal ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Canada totaled X%.

Export Prices by Country

In 2023, the average export price for siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X per ton, increasing by X% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Portugal stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (X%).

Imports of Siliceous Fossil Meals (Kieselguhr, Tripolite and Diatomite)

Imports into Morocco

In 2023, overseas purchases of siliceous fossil meals (kieselguhr, tripolite and diatomite) decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) contracted sharply to $X in 2023. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

France (X tons), Spain (X tons) and Turkey (X tons) were the main suppliers of imports of siliceous fossil meals (kieselguhr, tripolite and diatomite) to Morocco, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest siliceous fossil meal (kieselguhr, tripolite and diatomite) suppliers to Morocco were France ($X), Spain ($X) and Germany ($X), together accounting for X% of total imports.

Among the main suppliers, Spain, 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 a decline.

Import Prices by Country

In 2023, the average import price for siliceous fossil meals (kieselguhr, tripolite and diatomite) amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2023 and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform