Morocco - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Morocco - 2022
Contents:
- Price for Polystyrene in Primary Forms in Morocco (CIF) - 2022
- Price for Polystyrene in Primary Forms in Morocco (FOB) - 2022
- Imports of Polystyrene in Primary Forms in Morocco
- Exports of Polystyrene in Primary Forms in Morocco
Price for Polystyrene in Primary Forms in Morocco (CIF) - 2022
The average polystyrene in primary forms import price stood at $1,791 per ton in December 2022, with an increase of 3.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 8.4% m-o-m. Over the period under review, average import prices reached the maximum at $2,364 per ton in August 2022; however, from September 2022 to December 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Italy ($1,941 per ton) and South Korea ($1,838 per ton), while the price for Turkey ($1,675 per ton) and Saudi Arabia ($1,722 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polystyrene in Primary Forms in Morocco (FOB) - 2022
In 2022, the average polystyrene in primary forms export price amounted to $891 per ton, leveling off at the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 122% against the previous year. The export price peaked at $1,396 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritania ($2,953 per ton), while the average price for exports to Italy ($762 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 Spain (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Polystyrene in Primary Forms in Morocco
In 2022, overseas purchases of polystyrene in primary forms (excluding expansible polystyrene) were finally on the rise to reach 24K tons after two years of decline. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, polystyrene in primary forms imports skyrocketed to $48M in 2022. Overall, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Polystyrene in Primary Forms in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 6.9 | 6.8 | 8.9 | 18.4 | 38.7% |
| France | 3.2 | 10.1 | 15.4 | 15.4 | 68.8% |
| Spain | 16.1 | 2.7 | 2.5 | 3.4 | -40.4% |
| Italy | 1.9 | 2.3 | 3.7 | 3.1 | 17.7% |
| Turkey | N/A | N/A | 0.3 | 2.6 | 766.7% |
| Saudi Arabia | 1.4 | 1.0 | 1.0 | 2.0 | 12.6% |
| South Korea | 0.5 | N/A | N/A | 1.4 | 40.9% |
| Others | 0.7 | 0.7 | 0.8 | 1.1 | 16.3% |
| Total | 30.7 | 23.5 | 32.7 | 47.5 | 15.7% |
Top Suppliers of Polystyrene in Primary Forms to Morocco in 2022:
- Belgium (8.8K tons)
- France (7.5K tons)
- Spain (2.2K tons)
- Italy (1.6K tons)
- Turkey (1.3K tons)
- Saudi Arabia (1.0K tons)
- South Korea (0.7K tons)
Exports of Polystyrene in Primary Forms in Morocco
In 2022, exports of polystyrene in primary forms (excluding expansible polystyrene) from Morocco stood at 165 tons, therefore, remained relatively stable against 2021. Overall, exports faced a deep reduction. The smallest decline of -96.8% was in 2020.
In value terms, polystyrene in primary forms exports stood at $147K in 2022. Over the period under review, exports recorded a precipitous decline. The smallest decline of -97.2% was in 2020.
| Export of Polystyrene in Primary Forms in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 86.5 | 0% |
| France | 13.5 | 11.1 | N/A | 23.0 | 19.4% |
| Spain | 355 | 0.3 | N/A | 22.7 | -60.0% |
| Mauritania | N/A | 0.2 | N/A | 14.8 | 760.2% |
| Malaysia | 52.4 | N/A | N/A | N/A | 0% |
| Others | 1.3 | N/A | N/A | N/A | 0% |
| Total | 422 | 11.6 | N/A | 147 | -29.6% |
Top Export Markets for Polystyrene in Primary Forms from Morocco in 2022:
- Italy (113.5 tons)
- France (23.3 tons)
- Spain (23.0 tons)
- Mauritania (5.0 tons)
This report provides an in-depth analysis of the market for polystyrene in primary forms 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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