Morocco: Plastic Box Market 2024

Plastic Box Market Size in Morocco

In 2022, the Moroccan plastic box market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption saw a perceptible shrinkage. Plastic box consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Plastic Box Exports

Exports from Morocco

In 2022, overseas shipments of plastic boxes, cases, crates and similar packing articles increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic box exports expanded remarkably to $X in 2022. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Spain (X tons) was the main destination for plastic box exports from Morocco, with a X% share of total exports. Moreover, plastic box exports to Spain exceeded the volume sent to the second major destination, Portugal (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Turkey (X% per year).

In value terms, Spain ($X) remains the key foreign market for plastic boxes, cases, crates and similar packing articles exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

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

Export Prices by Country

The average plastic box export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price saw a pronounced curtailment. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Italy ($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 Portugal (X%), while the prices for the other major destinations experienced a decline.

Plastic Box Imports

Imports into Morocco

In 2022, imports of plastic boxes, cases, crates and similar packing articles into Morocco rose remarkably to X tons, with an increase of X% against the previous year. Overall, imports enjoyed a slight expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, plastic box imports surged to $X in 2022. Over the period under review, imports saw pronounced growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of plastic box to Morocco, with a X% share of total imports. Moreover, plastic box imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a X% share.

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

In value terms, Spain ($X) constituted the largest supplier of plastic boxes, cases, crates and similar packing articles to Morocco, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

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

Import Prices by Country

In 2022, the average plastic box import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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