Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco - 2022

Contents:

  1. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco (CIF) - 2022
  2. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco (FOB) - 2022
  3. Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco
  4. Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco (CIF) - 2022

In 2022, the average import price for wood amounted to $30 per cubic meter, with an increase of 18% against the previous year. In general, the import price, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 20% against the previous year. As a result, import price attained the peak level of $101 per cubic meter. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($293 per cubic meter), while the price for Portugal ($11 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.1%), while the prices for the other major suppliers experienced a decline.

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco (FOB) - 2022

In 2021, the average export price for wood amounted to $63 per cubic meter, remaining constant against the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2019 an increase of 25%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($93 per cubic meter), while the average price for exports to Portugal ($13 per cubic meter) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+24.7%).

Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco

In 2022, the amount of wood imported into Morocco dropped to 3.6K cubic meters, with a decrease of -15% on the year before. In general, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 335% against the previous year. As a result, imports attained the peak of 4.3K cubic meters, and then reduced in the following year.

In value terms, imports of wood amounted to $110K in 2022. Overall, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 168% against the previous year. Over the period under review, imports of attained the peak figure at $158K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.93.420.442.793.4%
Portugal52.713.440.135.1-12.7%
Spain60.51.69.210.0-45.1%
TurkeyN/A8.513.3N/A56.5%
Others38.613.926.422.1-17.0%
Total15840.8109110-11.4%

Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Morocco in 2022:

  1. Portugal (3341.0 cubic meters)
  2. France (146.0 cubic meters)
  3. Spain (73.0 cubic meters)

Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco

In 2021, exports of wood from Morocco amounted to 67 cubic meters, leveling off at the previous year. Over the period under review, exports showed a significant curtailment. The smallest decline of 99.9% was in 2020. The exports peaked at 152 cubic meters in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of wood amounted to $4.2K in 2021. Overall, exports recorded a abrupt setback. The smallest decline of 99.9% was in 2020. The exports peaked at $6.5K in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Morocco (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
GermanyN/AN/A3.80%
Saudi ArabiaN/AN/A0.20%
PortugalN/AN/A0.20%
Mauritania6.5N/AN/A0%
OthersN/AN/AN/A0%
Total6.5N/A4.2-19.6%

Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Morocco in 2022:

  1. Germany (41.0 cubic meters)
  2. Portugal (18.0 cubic meters)
  3. Saudi Arabia (8.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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