Key Market Indicators
Morocco's fertilizer imports are set to drastically decrease by 22%, from 7,930 metric tons in 2021 to 2,020 metric tons by 2026. The country's average year-on-year decline since 2007 is 9.4%. Morocco ranked 106th in 2021, with Bolivia ahead of it at 7,930 metric tons. Brazil, Spain and Thailand came in 2nd, 3rd and 4th in the ranking, respectively. Morocco's fertilizer exports are set to increase by 3.5%, from 957,440 metric tons in 2021 to 1,193,900 metric tons by 2026. The country's average year-on-year growth since 2007 is 2.7%. Morocco ranked 5th in 2021, with Finland overtaking it at 957,440 metric tons. Norway, Belgium and Finland came in 2nd, 3rd and 4th in the ranking, respectively. In 2016, Morocco's fertilizer production was 782,000 metric tons, up from 560,000 metric tons the year before.
Improve your Knowledge with the latest Indicators and Trends
-
Animal Feed Sector: Exploring Growth, Trends, and Opportunities in the Global Market
Growth in the global feed sector is primarily driven by an increasing demand for animal protein. Urbanization, rising incomes, population growth, and shifts in dietary preferences towards higher protein diets are fuelling a significant demand for meat and dairy products. As industries ramp up their livestock production levels to meet...
Discover more insights -
Agrochemicals: Unraveling the Prospective Growth, Trends and Market Leaders in Fertilizer Industry
Several elements are influencing the progression of the agrochemical sector. A key driver is the increasing global food demand due to an expanding population. This has necessitated enhanced agricultural productivity where agrochemicals, particularly fertilizers, play a vital role. Meanwhile, technological advancements have improved the efficiency of these chemical agents, making...
Discover more insights -
Agricultural and Forestry Tractor Markets: Analyzing Global Trends, Developments, and Forecasts
Current indications suggest a promising trajectory for the worldwide agricultural and forestry tractor industries. These sectors have witnessed remarkable growth in recent years, catalyzed by various factors primarily, unceasing advancements in technological measures and the rising demand for improved efficiency in agricultural and forestry operations. Market strategists anticipate sustained growth,...
Discover more insights -
Prepared Animal Feed: Global Outlook and Emerging Market Trends
The prepared animal feed industry on a global scale reveals steady growth, largely driven by increased industrial livestock production. Technological advancements have allowed diversified range of premium, specialized feeds, as the nutritional needs specific to each species of livestock is recognized. Furthermore, burgeoning livestock populations and intensified farming practices prop...
Discover more insights -
Global Agrochemical Industry: Scrutinizing Challenges and Tactics of Industry Leaders
Worldwide, leaders in the agrochemical industry face multifaceted hurdles. Regulatory strictness is escalating, driven by growing environmental and safety concerns. Frequently updated and varied regulatory frameworks across different regions impose significant compliance challenges. Additionally, pricing pressures and market saturation in traditional regions such as Europe and North America complicate the...
Discover more insights