Morocco: Fibreboard Market 2024

Fibreboard Market Size in Morocco

The Moroccan fibreboard market reached $X in 2022, increasing by X% against the previous year. Over the period under review, consumption enjoyed a buoyant expansion. Fibreboard consumption peaked in 2022 and is likely to continue growth in years to come.

Fibreboard Production in Morocco

In value terms, fibreboard production reached $X in 2022 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Fibreboard production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Fibreboard Exports

Exports from Morocco

Fibreboard exports from Morocco reduced rapidly to X cubic meters in 2022, dropping by X% compared with 2021. In general, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X cubic meters, and then contracted notably in the following year.

In value terms, fibreboard exports shrank markedly to $X in 2022. Over the period under review, exports, however, saw prominent growth. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Mauritania (X cubic meters), France (X cubic meters) and Spain (X cubic meters) were the main destinations of fibreboard exports from Morocco, with a combined X% share of total exports.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mauritania ($X) emerged as the key foreign market for fibreboard exports from Morocco, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2015 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 fibreboard export price amounted to $X per cubic meter, reducing by X% against the previous year. In general, the export price, however, recorded a pronounced increase. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, the export price attained the peak level of $X per cubic meter. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per cubic meter), while the average price for exports to Mali ($X per cubic meter) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fibreboard Imports

Imports into Morocco

In 2022, approx. X cubic meters of fibreboard were imported into Morocco; therefore, remained relatively stable against the previous year's figure. In general, imports, however, recorded a prominent expansion. 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, and then shrank in the following year.

In value terms, fibreboard imports surged to $X in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X cubic meters) constituted the largest fibreboard supplier to Morocco, with a X% share of total imports. Moreover, fibreboard 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 2015 to 2022, the average annual rate of growth in terms of volume from Turkey totaled 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 ($X) constituted the largest supplier of fibreboard to Morocco, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of value from Turkey totaled 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 fibreboard import price stood at $X per cubic meter in 2022, with an increase of X% against the previous year. Over the last seven years, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per cubic meter), while the price for China ($X per cubic meter) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :