| Product Code: ETC4677279 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Mauritius experienced a shift in its nitric acid import sources in 2024, with China, South Africa, India, South Korea, and Canada emerging as the top exporters. Despite a slight increase in market concentration from very high to high in 2024, the industry`s growth was sluggish, with a negative growth rate of -26.73%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 0.9%, reflecting stability in the market. Monitoring these trends can offer valuable insights for stakeholders in the nitric acid import sector.

The Nitric Acid market in Mauritius is projected to grow at a exponential growth rate of 15.18% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mauritius Nitric Acid Market Overview |
3.1 Mauritius Country Macro Economic Indicators |
3.2 Mauritius Nitric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Mauritius Nitric Acid Market - Industry Life Cycle |
3.4 Mauritius Nitric Acid Market - Porter's Five Forces |
3.5 Mauritius Nitric Acid Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Mauritius Nitric Acid Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Mauritius Nitric Acid Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Mauritius Nitric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mauritius Nitric Acid Market Trends |
6 Mauritius Nitric Acid Market Segmentations |
6.1 Mauritius Nitric Acid Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Mauritius Nitric Acid Market Revenues & Volume, By Concentration, 2021-2031F |
6.1.3 Mauritius Nitric Acid Market Revenues & Volume, By Dilute Nitric Acid, 2021-2031F |
6.1.4 Mauritius Nitric Acid Market Revenues & Volume, By Concentrated Nitric Acid, 2021-2031F |
6.2 Mauritius Nitric Acid Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Mauritius Nitric Acid Market Revenues & Volume, By Fertilizers, 2021-2031F |
6.2.3 Mauritius Nitric Acid Market Revenues & Volume, By Ammonium Nitrate, 2021-2031F |
6.2.4 Mauritius Nitric Acid Market Revenues & Volume, By Nitrobenzene, 2021-2031F |
6.2.5 Mauritius Nitric Acid Market Revenues & Volume, By Toluene Di-Isocyanate, 2021-2031F |
6.2.6 Mauritius Nitric Acid Market Revenues & Volume, By Adipic Acid, 2021-2031F |
6.2.7 Mauritius Nitric Acid Market Revenues & Volume, By Nitro chlorobenzene, 2021-2031F |
6.3 Mauritius Nitric Acid Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Mauritius Nitric Acid Market Revenues & Volume, By Agrochemicals, 2021-2031F |
6.3.3 Mauritius Nitric Acid Market Revenues & Volume, By Explosives, 2021-2031F |
6.3.4 Mauritius Nitric Acid Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.5 Mauritius Nitric Acid Market Revenues & Volume, By Mining, 2021-2031F |
6.3.6 Mauritius Nitric Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Mauritius Nitric Acid Market Import-Export Trade Statistics |
7.1 Mauritius Nitric Acid Market Export to Major Countries |
7.2 Mauritius Nitric Acid Market Imports from Major Countries |
8 Mauritius Nitric Acid Market Key Performance Indicators |
9 Mauritius Nitric Acid Market - Opportunity Assessment |
9.1 Mauritius Nitric Acid Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Mauritius Nitric Acid Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Mauritius Nitric Acid Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Mauritius Nitric Acid Market - Competitive Landscape |
10.1 Mauritius Nitric Acid Market Revenue Share, By Companies, 2024 |
10.2 Mauritius Nitric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here