Report Update: May 8, 2024

Morocco - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyethylene with A Specific Gravity of Less than 0.94 in Morocco - 2023

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Morocco (CIF) - 2023
Price for Polyethylene with A Specific Gravity of Less than 0.94 in Morocco (FOB) - 2023
Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Morocco
Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Morocco

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Morocco (CIF) - 2023

In June 2023, the average import price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,263 per ton, waning by -3.5% against the previous month. Overall, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in April 2023 an increase of 7.6% m-o-m. Over the period under review, average import prices hit record highs at $1,709 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Spain ($1,651 per ton) and Belgium ($1,297 per ton), while the price for Qatar ($1,180 per ton) and the United States ($1,223 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (-1.7%), while the prices for the other major suppliers experienced a decline.

Price for Polyethylene with A Specific Gravity of Less than 0.94 in Morocco (FOB) - 2023

In June 2023, the average export price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,516 per ton, which is down by -7.3% against the previous month. Overall, the export price saw a mild decline. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 16% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,854 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In June 2023, the country with the highest price was Cote d'Ivoire ($1,566 per ton), while the average price for exports to Algeria ($1,459 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Morocco

After two years of decline, supplies from abroad of polyethylene with a specific gravity of less than 0.94, in primary forms increased by 12% to 139K tons in 2022. Over the period under review, imports, however, showed a mild setback.

In value terms, imports of polyethylene with a specific gravity of less than 0.94, in primary forms reached $210M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Polyethylene with A Specific Gravity of Less than 0.94 in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	83.1	74.6	92.4	102	7.1%
Qatar	31.7	25.1	40.0	41.3	9.2%
United States	26.7	21.2	21.3	29.5	3.4%
Spain	10.0	7.9	7.6	11.5	4.8%
Oman	N/A	0.2	3.1	5.2	409.9%
Belgium	1.5	4.0	4.9	3.7	35.1%
Others	16.8	18.4	17.6	16.8	0.0%
Total	170	151	187	210	7.3%

Top Suppliers of Polyethylene with A Specific Gravity of Less than 0.94 to Morocco in 2022:

Saudi Arabia (69.0K tons)
Qatar (29.8K tons)
United States (18.2K tons)
Spain (6.9K tons)
Oman (3.7K tons)
Belgium (2.4K tons)

Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Morocco

In 2022, overseas shipments of polyethylene with a specific gravity of less than 0.94, in primary forms decreased by -72.9% to 995 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 35%. As a result, the exports attained the peak of 3.8K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of polyethylene with a specific gravity of less than 0.94, in primary forms shrank notably to $1.7M in 2022. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 57% against the previous year. As a result, the exports reached the peak of $4.2M, and then contracted notably in the following year.

Export of Polyethylene with A Specific Gravity of Less than 0.94 in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cote d'Ivoire	124	283	336	506	59.8%
Spain	70.6	409	1,122	471	88.3%
Senegal	69.4	170	194	250	53.3%
Belgium	24.7	3.6	591	90.8	54.3%
Mauritania	9.3	91.8	193	48.5	73.4%
China	1,456	1,341	651	N/A	-33.1%
Others	368	361	1,083	321	-4.5%
Total	2,122	2,659	4,169	1,687	-7.4%

Top Export Markets for Polyethylene with A Specific Gravity of Less than 0.94 from Morocco in 2022:

Spain (297.2 tons)
Cote d'Ivoire (294.3 tons)
Belgium (147.1 tons)
Senegal (136.9 tons)
Mauritania (25.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyethylene with a specific gravity of less than 0.94 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)

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