Morocco: Market for Aluminium Casks, Drums, Cans, Boxes and Similar Containers 2024

Market Size for Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Morocco

The Moroccan market for aluminium casks, drums, cans, boxes and similar containers rose remarkably to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Aluminium Casks, Drums, Cans, Boxes and Similar Containers in Morocco

In value terms, production of aluminium casks, drums, cans, boxes and similar containers stood at $X in 2022 estimated in export price. Overall, production posted a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Exports from Morocco

In 2022, overseas shipments of aluminium casks, drums, cans, boxes and similar containers increased by X% to X units, rising for the third consecutive year after three years of decline. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium casks, drums, cans, boxes and similar containers expanded significantly to $X in 2022. In general, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Senegal (X units), Spain (X units) and Ghana (X units) were the main destinations of exports of aluminium casks, drums, cans, boxes and similar containers from Morocco, with a combined X% share of total exports. Algeria, Guinea, Togo, Gabon and Cote d'Ivoire lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X) remains the key foreign market for aluminium casks, drums, cans, boxes and similar containers exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by Ghana, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Senegal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Ghana (X% per year).

Export Prices by Country

In 2022, the average export price for aluminium casks, drums, cans, boxes and similar containers amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Guinea ($X per unit) and Algeria ($X per unit), while the average price for exports to Spain ($X per unit) and Cote d'Ivoire ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium Casks, Drums, Cans, Boxes and Similar Containers

Imports into Morocco

In 2022, approx. X units of aluminium casks, drums, cans, boxes and similar containers were imported into Morocco; rising by X% on the previous year's figure. Overall, imports saw a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium casks, drums, cans, boxes and similar containers skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a strong increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Denmark (X units), Spain (X units) and the United Arab Emirates (X units) were the main suppliers of imports of aluminium casks, drums, cans, boxes and similar containers to Morocco, with a combined X% share of total imports. Portugal, France, Egypt, India and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Spain ($X) and Portugal ($X) appeared to be the largest aluminium cask, drum, can, box and similar container suppliers to Morocco, with a combined X% share of total imports.

Portugal, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for aluminium casks, drums, cans, boxes and similar containers stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price saw a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :