Report Morocco - Hot-Rolled Bars in Bearing Steels - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 22, 2022

Morocco - Hot-Rolled Bars in Bearing Steels - Market Analysis, Forecast, Size, Trends and Insights
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Morocco: Market for Hot-Rolled Bars In Bearing Steels 2022

Market Size for Hot-Rolled Bars In Bearing Steels in Morocco

In 2021, the Moroccan hot-rolled bearing steel bar market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a resilient expansion. Hot-rolled bearing steel bar consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Hot-Rolled Bars In Bearing Steels

Exports from Morocco

Hot-rolled bearing steel bar exports from Morocco dropped remarkably to X tons in 2021, falling by -X% compared with the previous year's figure. In general, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then declined sharply in the following year.

In value terms, hot-rolled bearing steel bar exports contracted markedly to $X in 2021. Over the period under review, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

France (X tons) was the main destination for hot-rolled bearing steel bar exports from Morocco, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +X%.

In value terms, France ($X) also remains the key foreign market for hot-rolled bearing steel bar exports from Morocco.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +X%.

Export Prices by Country

The average hot-rolled bearing steel bar export price stood at $X per ton in 2021, stabilizing at the previous year. Over the period under review, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +X% per year.

Imports of Hot-Rolled Bars In Bearing Steels

Imports into Morocco

In 2021, supplies from abroad of hot-rolled bars in bearing steels was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, hot-rolled bearing steel bar imports surged 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 decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest hot-rolled bearing steel bar supplier to Morocco, with a X% share of total imports. Moreover, hot-rolled bearing steel bar imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The third position in this ranking was occupied by Turkey (X tons), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of hot-rolled bearing steel bar to Morocco, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

The average hot-rolled bearing steel bar import price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled bars in bearing steels in the world?
+
China constituted the country with the largest volume of hot-rolled bearing steel bar consumption, comprising approx. 18% of total volume. Moreover, hot-rolled bearing steel bar consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Turkey ranked third in terms of total consumption with a 5.6% share.
What are the largest producers of hot-rolled bars in bearing steels in the world?
+
The country with the largest volume of hot-rolled bearing steel bar production was China, accounting for 44% of total volume. Moreover, hot-rolled bearing steel bar production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. Russia ranked third in terms of total production with a 6% share.
What are the leading suppliers of hot-rolled bars in bearing steels to Morocco?
+
In value terms, China constituted the largest supplier of hot-rolled bearing steel bar to Morocco, comprising 54% of total imports. The second position in the ranking was occupied by Belgium, with a 17% share of total imports. It was followed by France, with a 12% share.
What are the leading importers of hot-rolled bars in bearing steels from Morocco?
+
In value terms, France remains the key foreign market for hot-rolled bearing steel bar exports from Morocco.
What is the average export price for hot-rolled bars in bearing steels in Morocco?
+
In 2021, the average hot-rolled bearing steel bar export price amounted to $2,413 per ton, leveling off at the previous year.
What is the average import price for hot-rolled bars in bearing steels in Morocco?
+
In 2021, the average hot-rolled bearing steel bar import price amounted to $903 per ton, surging by 5.8% against the previous year.

This report provides an in-depth analysis of the market for hot-rolled bearing steel bar in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 24106630 - Hot-rolled bars in bearing steels
Country coverage:
• Morocco

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Morocco
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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