Morocco: Cigarettes Containing Tobacco Market 2022

Cigarettes Containing Tobacco Market Size in Morocco

After two years of decline, the Moroccan cigarettes containing tobacco market increased by X% to $X in 2021. Overall, consumption saw strong growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Cigarettes Containing Tobacco Exports

Exports from Morocco

In 2021, exports of cigarettes containing tobacco from Morocco surged to X tons, jumping by X% compared with the previous year. Over the period under review, exports recorded a significant expansion. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, cigarettes containing tobacco exports skyrocketed to $X in 2021. In general, exports posted a significant expansion. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for cigarettes containing tobacco exports from Morocco, with a X% share of total exports. Moreover, cigarettes containing tobacco exports to Spain exceeded the volume sent to the second major destination, France (X tons), twofold.

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

In value terms, Spain ($X) and France ($X) constituted the largest markets for cigarettes containing tobacco exported from Morocco worldwide.

In terms of the main countries of destination, Spain, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average cigarettes containing tobacco export price stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Spain stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-X%).

Cigarettes Containing Tobacco Imports

Imports into Morocco

In 2021, the amount of cigarettes containing tobacco imported into Morocco expanded rapidly to X tons, growing by X% against the previous year's figure. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, cigarettes containing tobacco imports expanded sharply to $X in 2021. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Switzerland (X tons) constituted the largest cigarettes containing tobacco supplier to Morocco, with a X% share of total imports. Moreover, cigarettes containing tobacco imports from Switzerland exceeded the figures recorded by the second-largest supplier, Turkey (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Switzerland amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and the Netherlands (+X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of cigarettes containing tobacco to Morocco, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Switzerland stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Turkey (-X% per year).

Import Prices by Country

In 2021, the average cigarettes containing tobacco import price amounted to $X per ton, reducing by -X% against the previous year. Overall, the import price recorded a mild decline. The pace of growth appeared the most rapid in 2014 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform