Morocco: Fiberboard Market 2024

Fiberboard Market Size in Morocco

For the seventh year in a row, the Moroccan fiberboard market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, posted a buoyant expansion. Fiberboard consumption peaked in 2022 and is likely to see gradual growth in the near future.

Fiberboard Exports

Exports from Morocco

Fiberboard exports from Morocco dropped to X cubic meters in 2022, waning by X% compared with 2021. In general, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X cubic meters in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, fiberboard exports fell sharply to $X in 2022. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Mauritania (X cubic meters) was the main destination for fiberboard exports from Morocco, accounting for a X% share of total exports. Moreover, fiberboard exports to Mauritania exceeded the volume sent to the second major destination, Spain (X cubic meters), fourfold. France (X cubic meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Mauritania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and France (X% per year).

In value terms, Mauritania ($X) emerged as the key foreign market for fiber board of wood or other ligneous materials exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Mauritania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, shrinking by X% against the previous year. Overall, the export price, however, posted a modest expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per cubic meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per cubic meter), while the average price for exports to Mauritania ($X per cubic meter) was amongst the lowest.

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

Fiberboard Imports

Imports into Morocco

In 2022, fiberboard imports into Morocco declined modestly to X cubic meters, therefore, remained relatively stable against the previous year's figure. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters, leveling off in the following year.

In value terms, fiberboard imports surged to $X in 2022. Overall, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Turkey (X cubic meters) constituted the largest fiberboard supplier to Morocco, with a X% share of total imports. Moreover, fiberboard imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X cubic meters), twofold. Portugal (X cubic meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Portugal (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of fiber board of wood or other ligneous materials to Morocco, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Portugal (X% per year).

Import Prices by Country

The average fiberboard import price stood at $X per cubic meter in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per cubic meter), while the price for China ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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