Report Update Apr 1, 2024

Morocco - Welded and Cold-Formed Sections of Steel - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Market for Welded And Cold-Formed Sections Of Steel 2024

Market Size for Welded And Cold-Formed Sections Of Steel in Morocco

The Moroccan market for welded and cold-formed sections of steel fell remarkably to $X in 2022, waning 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, consumption, however, showed significant growth. Welded and cold-formed steel sections consumption peaked at $X in 2021, and then declined notably in the following year.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from Morocco

In 2022, exports of welded and cold-formed sections of steel from Morocco declined markedly to X tons, falling by X% on 2021. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, welded and cold-formed steel sections exports fell rapidly to $X in 2022. Over the period under review, exports, however, enjoyed a notable expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for welded and cold-formed steel sections exports from Morocco, with a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Mauritania amounted to X%.

In value terms, Mauritania ($X) emerged as the key foreign market for welded and cold-formed sections of steel exports from Morocco.

From 2013 to 2022, the average annual growth rate of value to Mauritania totaled X%.

Export Prices by Country

In 2022, the average export price for welded and cold-formed sections of steel amounted to $X per ton, rising by X% against the previous year. Overall, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2013 to 2022, the rate of growth in terms of prices for Mauritania amounted to X% per year.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into Morocco

In 2022, the amount of welded and cold-formed sections of steel imported into Morocco declined dramatically to X tons, with a decrease of X% compared with 2021 figures. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, welded and cold-formed steel sections imports fell rapidly to $X in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then dropped sharply in the following year.

Imports by Country

Portugal (X tons), Spain (X tons) and Turkey (X tons) were the main suppliers of welded and cold-formed steel sections imports to Morocco, with a combined X% share of total imports. Germany and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest welded and cold-formed steel sections suppliers to Morocco were Portugal ($X), Spain ($X) and Germany ($X), together accounting for X% of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for welded and cold-formed sections of steel amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price 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, welded and cold-formed steel sections import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) 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) :

What are the largest markets for welded and cold-formed sections of steel in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, with a combined 36% share of global consumption. Japan, Indonesia, Pakistan, Russia, Germany, Brazil, France, the UK, Mexico and Ireland lagged somewhat behind, together comprising a further 32%.

What are the largest producers of welded and cold-formed sections of steel in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 37% share of global production. Japan, Indonesia, Germany, Pakistan, Russia, Brazil, France, the UK, Mexico and Iran lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of welded and cold-formed sections of steel to Morocco?

In value terms, the largest welded and cold-formed steel sections suppliers to Morocco were Portugal, Spain and Germany, together accounting for 81% of total imports.

What are the leading importers of welded and cold-formed sections of steel from Morocco?

In value terms, Mauritania emerged as the key foreign market for welded and cold-formed sections of steel exports from Morocco.

What is the average export price for welded and cold-formed sections of steel in Morocco?

In 2022, the average export price for welded and cold-formed sections of steel amounted to $1,393 per ton, jumping by 81% against the previous year.

What is the average import price for welded and cold-formed sections of steel in Morocco?

In 2022, the average import price for welded and cold-formed sections of steel amounted to $2,166 per ton, rising by 14% against the previous year.

This report provides an in-depth analysis of the market for welded and cold-formed steel sections in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24107420 - Welded and cold-formed sections (of steel)
Prodcom 2410T260 - Welded sections

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023