Morocco: Safety Glass Market 2024

Safety Glass Market Size in Morocco

The Moroccan safety glass market surged to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Safety glass consumption peaked in 2022 and is expected to retain growth in the near future.

Safety Glass Production in Morocco

In value terms, safety glass production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Safety glass production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Safety Glass Exports

Exports from Morocco

After five years of growth, shipments abroad of safety glass decreased by X% to X square meters in 2022. Overall, exports showed a perceptible shrinkage. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X square meters in 2021, and then reduced remarkably in the following year.

In value terms, safety glass exports shrank notably to $X in 2022. In general, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted significantly in the following year.

Exports by Country

France (X square meters) was the main destination for safety glass exports from Morocco, accounting for a X% share of total exports. Moreover, safety glass exports to France exceeded the volume sent to the second major destination, Spain (X square meters), fivefold.

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

In value terms, France ($X) emerged as the key foreign market for safety glass exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average safety glass export price amounted to $X per square meter, shrinking by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per square meter), while the average price for exports to France ($X per square meter) was amongst the lowest.

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

Safety Glass Imports

Imports into Morocco

In 2022, overseas purchases of safety glass increased by X% to X square meters, rising for the second consecutive year after two years of decline. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, safety glass imports soared to $X in 2022. Overall, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X square meters), Algeria (X square meters) and Turkey (X square meters) were the main suppliers of safety glass imports to Morocco, with a combined X% share of total imports.

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

In value terms, the largest safety glass suppliers to Morocco were Spain ($X), the Czech Republic ($X) and China ($X), together accounting for X% of total imports. Algeria, Germany, Turkey, Italy, Belgium, Saudi Arabia and Egypt lagged somewhat behind, together accounting for a further X%.

Algeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average safety glass import price stood at $X per square meter in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the Czech Republic ($X per square meter), while the price for Algeria ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :