Between 2013 and 2023, the kaolin and kaolinic clays market in Morocco showcased a mix of fluctuations with a general upward trajectory, peaking at $26.353 million in 2016, and facing a significant drop in 2020 to $21.026 million. The subsequent rebound saw the market size reaching $25.53 million by 2023. Noteworthy variations include a dramatic decline in 2020 (-16.77%) due to market disruptions, followed by a robust recovery in 2021 (+20.8%). The Compound Annual Growth Rate (CAGR) over the last five years averaged 0.26%, indicating stable, if modest, growth.
Future trends to watch for include potential impacts from technological advancements in mining and processing, shifts in global demand, and sustainability practices that could alter production costs and market dynamics. Additionally, fluctuations in global trade policies and economic developments could also shape the market trajectory.
| # | 27 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,109,700,000 | 2023 | +3.47% | +1.25% | View data |
| 2 | 2 Japan | 480,070,000 | 2023 | -7.46% | -6.96% | View data |
| 3 | 3 Italy | 376,730,000 | 2023 | -1.16% | -1.67% | View data |
| 4 | 4 Mexico | 287,930,000 | 2023 | +1.49% | +0.74% | View data |
| 5 | 5 Germany | 268,860,000 | 2023 | -6.58% | -6.86% | View data |
| 15 | 15 Austria | 48,052,000 | 2023 | -3.15% | -1.73% | View data |
| 16 | 16 Romania | 26,250,000 | 2023 | -0.58% | -0.42% | View data |
| 17 | 17 Morocco | 25,530,000 | 2023 | +0.25% | +0.26% | |
| 18 | 18 Chile | 19,394,000 | 2023 | +0.097% | -0.29% | View data |
| 19 | 19 South Africa | 19,320,000 | 2023 | -0.21% | -0.18% | View data |