Report Update: Apr 1, 2024

Morocco - Statuettes And Other Ornamental Articles Of Plastic - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Ornamental Articles Price in Morocco - 2022

Plastic Ornamental Articles Price in Morocco (CIF) - 2022

In 2022, the average plastic ornamental articles import price amounted to $6,566 per ton, therefore, remained relatively stable against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic ornamental articles import price increased by +94.5% against 2012 indices. The pace of growth was the most pronounced in 2017 an increase of 18% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($26,537 per ton), while the price for Turkey ($3,979 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Plastic Ornamental Articles Price in Morocco (FOB) - 2022

In 2022, the average plastic ornamental articles export price amounted to $24,311 per ton, rising by 20% against the previous year. In general, the export price continues to indicate a mild expansion. The growth pace was the most rapid in 2015 when the average export price increased by 213% against the previous year. Over the period under review, the average export prices attained the maximum at $35,341 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($52,226 per ton), while the average price for exports to Cabo Verde ($1,521 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Ornamental Articles Imports in Morocco

Plastic ornamental articles imports into Morocco contracted to 241 tons in 2022, dropping by -6.6% on 2021 figures. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 37%.

In value terms, plastic ornamental articles imports contracted to $1.6M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 49%. As a result, imports attained the peak of $1.7M, and then shrank in the following year.

Import of Plastic Ornamental Articles in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	835	653	1,101	1,111	10.0%
France	354	255	282	173	-21.2%
Turkey	64.7	44.0	119	99.1	15.3%
Italy	20.8	17.1	67.5	63.5	45.1%
Spain	27.7	55.1	29.2	23.9	-4.8%
Portugal	45.1	57.3	1.1	0.2	-83.6%
Others	80.5	50.4	87.0	110	11.0%
Total	1,428	1,133	1,686	1,581	3.5%

Top Suppliers of Plastic Ornamental Articles to Morocco in 2022:

Portugal (undefined tons)
China (190.8 tons)
Turkey (24.9 tons)
Italy (10.0 tons)
France (6.5 tons)
Spain (2.7 tons)

Plastic Ornamental Articles Exports in Morocco

In 2022, exports of statuettes and other ornamental articles of plastic from Morocco contracted significantly to 5.1 tons, dropping by -34.1% on the previous year. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 532%. As a result, the exports attained the peak of 7.8 tons, and then dropped significantly in the following year.

In value terms, plastic ornamental articles exports dropped significantly to $125K in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 409% against the previous year. As a result, the exports reached the peak of $158K, and then shrank remarkably in the following year.

Export of Plastic Ornamental Articles in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	5.4	9.0	112	67.4	132.0%
United States	17.0	8.9	32.0	36.5	29.0%
Mauritania	0.5	0.3	0.8	4.2	103.3%
Qatar	3.1	N/A	N/A	2.0	-13.6%
Belgium	N/A	N/A	N/A	0.6	0%
Cabo Verde	N/A	N/A	N/A	0.4	0%
China	N/A	N/A	N/A	0.2	0%
Libya	4.1	N/A	N/A	N/A	0%
Others	38.0	12.7	13.2	13.3	-29.5%
Total	68.1	31.0	158	125	22.4%

Top Export Markets for Plastic Ornamental Articles from Morocco in 2022:

France (1829.0 kg)
Mauritania (874.0 kg)
Qatar (750.0 kg)
United States (698.0 kg)
Belgium (380.0 kg)
Cabo Verde (280.0 kg)
China (99.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic ornamental articles market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023