Chipped Coniferous Wood Price in Morocco - 2022
Contents:
Chipped Coniferous Wood Price in Morocco (CIF) - 2022
In 2022, the average chipped coniferous wood import price amounted to $242 per cubic meter, picking up by 140% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2013 an increase of 143%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +1.7% per year.
Chipped Coniferous Wood Imports in Morocco
For the fourth consecutive year, Morocco recorded growth in purchases abroad of coniferous wood in chips or particles, which increased by 50% to 186 cubic meters in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chipped coniferous wood imports soared to $45K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chipped Coniferous Wood in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 1.3 | 1.8 | 45.0 | 348.1% |
| Spain | 0.6 | 1.0 | 0.4 | N/A | -18.4% |
| Egypt | N/A | 4.0 | N/A | N/A | 0% |
| Portugal | 5.2 | 9.4 | 8.9 | N/A | 30.8% |
| Others | 6.3 | 2.0 | 1.5 | 0.1 | -74.9% |
| Total | 12.6 | 17.7 | 12.6 | 45.1 | 53.0% |
Top Suppliers of Chipped Coniferous Wood to Morocco in 2022:
- Germany (185.0 cubic meters)
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