Morocco: Cement Clinker Market 2022

Cement Clinker Market Size in Morocco

The Moroccan cement clinker market declined to $X in 2021, with a decrease of -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Cement Clinker Production in Morocco

In value terms, cement clinker production surged to $X in 2021 estimated in export price. In general, production posted a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Cement Clinker Exports

Exports from Morocco

In 2021, approx. X tons of cement clinker were exported from Morocco; increasing by X% compared with the previous year. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, cement clinker exports skyrocketed to $X in 2021. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tons), Guinea (X tons) and Cameroon (X tons) were the main destinations of cement clinker exports from Morocco, together comprising X% of total exports. These countries were followed by Mauritania, France, Ghana and Algeria, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cement clinker exported from Morocco were Cote d'Ivoire ($X), France ($X) and Guinea ($X), with a combined X% share of total exports.

France, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cement clinker export price stood at $X per ton in 2021, falling by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-X%), while the prices for the other major destinations experienced a decline.

Cement Clinker Imports

Imports into Morocco

In 2021, after nine years of growth, there was significant decline in overseas purchases of cement clinker, when their volume decreased by -X% to X tons. Over the period under review, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, cement clinker imports shrank remarkably to $X in 2021. In general, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2012 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of $X, and then shrank significantly in the following year.

Imports by Country

In 2021, Egypt (X tons) constituted the largest supplier of cement clinker to Morocco, accounting for a X% share of total imports. Moreover, cement clinker imports from Egypt exceeded the figures recorded by the second-largest supplier, Portugal (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Egypt stood at +X%.

In value terms, the largest cement clinker suppliers to Morocco were Egypt ($X) and Portugal ($X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average cement clinker import price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($X per ton), while the price for Egypt amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (-X%).

Source: IndexBox Platform