Morocco: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Morocco

In 2022, the Moroccan medical gel preparations market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, continues to indicate a perceptible increase. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank sharply in the following year.

Medical Gel Preparations Exports

Exports from Morocco

In 2022, shipments abroad of gel preparations for human or veterinary medicine decreased by X% to X kg, falling for the fourth consecutive year after two years of growth. Over the period under review, exports saw a dramatic decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, medical gel preparations exports fell rapidly to $X in 2022. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X kg), Cote d'Ivoire (X kg) and Gabon (X kg) were the main destinations of medical gel preparations exports from Morocco, together accounting for X% of total exports. Senegal, the Netherlands, Burkina Faso, Cameroon, France and Italy lagged somewhat behind, together comprising a further X%. Moreover, medical gel preparations exports in Germany exceeded the figures recorded by the second-largest exporter, Cote d'Ivoire, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for gel preparations for human or veterinary medicine exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Gabon, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Gabon (X% per year).

Export Prices by Country

In 2022, the average medical gel preparations export price amounted to $X per ton, falling by X% against the previous year. In general, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

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

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Medical Gel Preparations Imports

Imports into Morocco

In 2022, after two years of growth, there was significant decline in purchases abroad of gel preparations for human or veterinary medicine, when their volume decreased by X% to X tons. In general, imports recorded a mild setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, medical gel preparations imports declined to $X in 2022. Overall, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest medical gel preparations supplier to Morocco, with a X% share of total imports. Moreover, medical gel preparations imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, Germany ($X), Italy ($X) and India ($X) appeared to be the largest medical gel preparations suppliers to Morocco, together comprising X% of total imports.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average medical gel preparations import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded a strong increase. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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