Morocco: Cement Pipe Market 2024

Cement Pipe Market Size in Morocco

In 2022, the Moroccan cement pipe market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt decrease. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Cement Pipe Exports

Exports from Morocco

In 2022, cement pipe exports from Morocco skyrocketed to X units, jumping by X% against 2021 figures. In general, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cement pipe exports rose markedly to $X in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Spain (X units) was the main destination for cement pipe exports from Morocco, accounting for a X% share of total exports. It was followed by the United States (X units), with a X% share of total exports. The third position in this ranking was held by France (X units), with a X% share.

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

In value terms, Spain ($X) remains the key foreign market for pipes and other articles of cement exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the United States (X% per year).

Export Prices by Country

The average cement pipe export price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

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

Cement Pipe Imports

Imports into Morocco

In 2022, purchases abroad of pipes and other articles of cement increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, cement pipe imports surged to $X in 2022. In general, imports saw measured growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X units), Italy (X units) and China (X units) were the main suppliers of cement pipe imports to Morocco, with a combined X% share of total imports. Turkey, the Czech Republic, Portugal and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of pipes and other articles of cement to Morocco, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

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

Import Prices by Country

The average cement pipe import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. The import price peaked at $X per unit in 2021, and then contracted in the following year.

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 Turkey ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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