Between 2013 and 2023, Morocco's artificial waxes market value per capita showed a consistent decline, peaking at $0.35 in 2013 and declining to $0.26 in 2023. The market experienced significant fluctuations, including a sharp drop in 2020, followed by slight recovery in subsequent years. The year-on-year changes for 2022 and 2023 were stagnant at 0%. Over the past five years, the CAGR was slightly negative, indicating a shrinking market.
Future trends to watch for include potential recovery influenced by technological advancements and increased demand in industrial applications. Economic policies and sustainability considerations could also impact market dynamics in the coming years.
| # | 33 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 12.98 | 2023 | View data | ||
| 2 | 2 Netherlands | 11.46 | 2023 | View data | ||
| 3 | 3 Finland | 9.4 | 2023 | View data | ||
| 4 | 4 Italy | 8.44 | 2023 | View data | ||
| 5 | 5 France | 8.38 | 2023 | View data | ||
| 30 | 30 Mauritius | 0.53 | 2023 | View data | ||
| 31 | 31 Egypt | 0.51 | 2023 | View data | ||
| 32 | 32 Morocco | 0.26 | 2023 | |||
| 33 | 33 Kenya | 0.19 | 2023 | View data | ||
