The Silica Sands and Quartz Sands market size value per capita in Morocco has observed a fluctuating trend over the past decade, peaking at 0.39 USD in 2013 and bottoming out at 0.25 USD in 2020. By 2023, it stood at 0.29 USD. Notably, there was a sharp decline from 2020, followed by a modest upward correction. Year-on-year, the market contracted by 3.33% from 2021 to 2022 and remained constant from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years was negative.
Future trends to watch for include:
- Technological advances potentially reducing extraction costs.
- Government policies on export and environmental impacts.
- Global demand shifts, particularly in construction and electronics sectors.
| # | 16 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 5.46 | 2023 | View data | ||
| 2 | 2 Austria | 4.74 | 2023 | View data | ||
| 3 | 3 Italy | 4.03 | 2023 | View data | ||
| 4 | 4 Sweden | 3.61 | 2023 | View data | ||
| 5 | 5 Netherlands | 3.58 | 2023 | View data | ||
| 13 | 13 Lithuania | 0.64 | 2023 | View data | ||
| 14 | 14 Chile | 0.5 | 2023 | View data | ||
| 15 | 15 Morocco | 0.29 | 2023 | |||
| 16 | 16 El Salvador | 0.12 | 2023 | View data | ||
