Morocco: Market for Prepared Additives For Cements, Mortars Or Concretes 2022

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Morocco

In 2021, the Moroccan prepared additives for cements market decreased by -X% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, the total consumption indicated a mild expansion 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 2015 indices. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Morocco

In 2021, prepared additives for cements exports from Morocco skyrocketed to X tons, jumping by X% on the previous year. In general, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, prepared additives for cements exports soared to $X in 2021. Overall, exports showed buoyant growth. 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 in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Mauritania (X tons), France (X tons) and Senegal (X tons) were the main destinations of prepared additives for cements exports from Morocco, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared additives for cements exported from Morocco were Mauritania ($X), France ($X) and Cote d'Ivoire ($X), together comprising X% of total exports.

France, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average prepared additives for cements export price amounted to $X per ton, shrinking by -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mali ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Morocco

In 2021, after five years of growth, there was significant decline in purchases abroad of prepared additives for cements, mortars or concretes, when their volume decreased by -X% to X tons. In general, total imports indicated a modest increase from 2012 to 2021: its volume 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, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth imports failed to regain momentum.

In value terms, prepared additives for cements imports dropped to $X in 2021. Overall, total imports indicated a slight expansion 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 increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports failed to regain momentum.

Imports by Country

Spain (X tons), China (X tons) and France (X tons) were the main suppliers of prepared additives for cements imports to Morocco, with a combined X% share of total imports. These countries were followed by Italy, Turkey and Germany, which together accounted for a further X 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of prepared additives for cements to Morocco, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by China, with a X% share.

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

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform