Report Update Apr 1, 2024

Morocco - Aramids Staple - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Aramids Staple Market 2024

Aramids Staple Market Size in Morocco

The Moroccan aramids staple market stood at less than $X in 2022, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a precipitous decline. The most prominent rate of growth was recorded in 2019 with a decrease of X% against the previous year. Aramids staple consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Aramids Staple Exports

Exports from Morocco

In 2018, aramids staple exports from Morocco stood at X tons, therefore, remained relatively stable against the previous year. Over the period under review, exports saw a significant expansion. The smallest decline of X% was in 2017. The exports peaked in 2018 and are likely to continue growth in years to come.

In value terms, aramids staple exports stood at $X in 2018. In general, exports continue to indicate a significant decline. The smallest decline of X% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2018, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for aramids staple exports from Morocco, accounting for a approx. X% share of total exports.

From 2016 to 2018, the average annual rate of growth in terms of volume to the United States was relatively modest.

From 2016 to 2018, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

In 2018, the average aramids staple export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded a precipitous slump. The pace of growth was the most pronounced in 2017 when the average export price decreased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2018, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2016 to 2018, the rate of growth in terms of prices for the United States amounted to X% per year.

Aramids Staple Imports

Imports into Morocco

In 2019, approx. X kg of aramids staple were imported into Morocco; declining by X% compared with the previous year's figure. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2019, the growth of imports remained at a somewhat lower figure.

In value terms, aramids staple imports shrank significantly to $X in 2019. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2019, the growth of imports remained at a lower figure.

Imports by Country

France (X kg) and Belgium (X kg) were the main suppliers of aramids staple imports to Morocco.

From 2015 to 2019, the biggest increases were recorded for France (with a CAGR of X%).

In value terms, France ($X) and Belgium ($X) were the largest aramids staple suppliers to Morocco.

Among the main suppliers, France, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2019, the average aramids staple import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2015 to 2019, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2019 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for France totaled $X per ton.

From 2015 to 2019, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aramids staple in the world?

The countries with the highest volumes of consumption in 2023 were the Netherlands, Turkey and the United States, with a combined 39% share of global consumption. Germany, China, Belgium, Japan, India, Taiwan Chinese), Pakistan, Italy, Spain and Canada lagged somewhat behind, together accounting for a further 46%.

What are the largest producers of aramids staple in the world?

The countries with the highest volumes of production in 2022 were Spain, South Korea and the Netherlands, with a combined 55% share of global production. Thailand, China, France and Japan lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of aramids staple to Morocco?

In value terms, the largest aramids staple suppliers to Morocco were France and Belgium.

What is the average export price for aramids staple in Morocco?

The average aramids staple export price stood at $109 per ton in 2018, remaining constant against the previous year.

What is the average import price for aramids staple in Morocco?

The average aramids staple import price stood at $29,351 per ton in 2019, growing by 8.8% against the previous year.

This report provides an in-depth analysis of the aramids staple 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 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning

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