Morocco: Market for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass 2022

Market Size for Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass in Morocco

The Moroccan pigments, opacifiers and colours market surged to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Exports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Exports from Morocco

Pigments, opacifiers and colours exports from Morocco fell to X tons in 2021, reducing by -X% compared with the previous year's figure. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, pigments, opacifiers and colours exports fell to $X in 2021. Overall, exports, however, showed a slight increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Senegal (X kg) was the main destination for pigments, opacifiers and colours exports from Morocco, with a X% share of total exports. Moreover, pigments, opacifiers and colours exports to Senegal exceeded the volume sent to the second major destination, Spain (X kg), ninefold.

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

In value terms, Senegal ($X) remains the key foreign market for pigments, opacifiers and colours exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Senegal totaled +X%.

Export Prices by Country

The average pigments, opacifiers and colours export price stood at $X per ton in 2021, picking up by less than X% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Senegal totaled $X per ton.

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

Imports of Pigments, Opacifiers And Colours For Ceramics, Enamelling Or Glass

Imports into Morocco

For the fifth year in a row, Morocco recorded growth in purchases abroad of pigments, opacifiers and colours for ceramics, enamelling or glass, which increased by X% to X tons in 2021. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, pigments, opacifiers and colours imports expanded rapidly to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) was the main pigments, opacifiers and colours supplier to Morocco, accounting for a X% share of total imports. It was followed by Italy (X tons), with less than X% share of total imports.

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

In value terms, Spain ($X) constituted the largest supplier of pigments, opacifiers and colours to Morocco, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with less than X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +X%.

Import Prices by Country

The average pigments, opacifiers and colours import price stood at $X per ton in 2021, falling by -X% against the previous year. In general, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Spain totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-X%).

Source: IndexBox Market Intelligence Platform

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