The Silica Sands and Quartz Sands market in Morocco has seen fluctuation over the past decade, with values decreasing from $13.005 million in 2013 to $10.844 million in 2023. Year-on-year variations illustrate significant decreases, notably in 2016 and 2020, contrasted with periods of slight recovery. Over the last five years, the Compound Annual Growth Rate (CAGR) shows a moderate decline of -0.86%, reflecting overall market contraction despite occasional growth spurts.
Future trends to watch for:
- Potential recovery in demand driven by infrastructure development and industrial applications.
- Impact of technological advancements in extraction and processing on market dynamics.
- Influence of environmental regulations and sustainable practices on the supply chain and market value.
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 388,160,000 | 2023 | -2.98% | -2.26% | View data |
| 2 | 2 Italy | 241,660,000 | 2023 | +0.45% | -0.24% | View data |
| 3 | 3 Germany | 212,980,000 | 2023 | +1.69% | +0.99% | View data |
| 4 | 4 South Korea | 184,000,000 | 2023 | +1.1% | +1.79% | View data |
| 5 | 5 France | 120,610,000 | 2023 | +0.76% | +0.15% | View data |
| 11 | 11 Israel | 21,966,000 | 2023 | +1.2% | +0.91% | View data |
| 12 | 12 Greece | 17,930,000 | 2023 | +0.64% | -0.34% | View data |
| 13 | 13 Morocco | 10,844,000 | 2023 | -0.93% | -0.86% | |
| 14 | 14 Chile | 9,818,000 | 2023 | -1.27% | -0.35% | View data |
| 15 | 15 Lithuania | 1,750,000 | 2023 | -0.6% | -0.26% | View data |
