Morocco: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in Morocco

The Moroccan coated arc-welding electrode market shrank significantly to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Coated Arc-Welding Electrode Production in Morocco

In value terms, coated arc-welding electrode production fell to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Coated arc-welding electrode production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Coated Arc-Welding Electrode Exports

Exports from Morocco

For the sixth year in a row, Morocco recorded decline in shipments abroad of coated base metal electrodes for electric arc-welding, which decreased by X% to X tons in 2022. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, coated arc-welding electrode exports fell remarkably to $X in 2022. Overall, exports saw a deep setback. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mali (X tons) was the main destination for coated arc-welding electrode exports from Morocco, accounting for a X% share of total exports. Moreover, coated arc-welding electrode exports to Mali exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), twofold. Gabon (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Mali amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Gabon (X% per year).

In value terms, the largest markets for coated arc-welding electrode exported from Morocco were Mali ($X), Cote d'Ivoire ($X) and Gabon ($X), together comprising X% of total exports.

Mali, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average coated arc-welding electrode export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, saw a slight downturn. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($X per ton), while the average price for exports to Mali ($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 Libya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coated Arc-Welding Electrode Imports

Imports into Morocco

In 2022, overseas purchases of coated base metal electrodes for electric arc-welding decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode imports plummeted to $X in 2022. In general, total imports indicated a perceptible 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest coated arc-welding electrode supplier to Morocco, accounting for a X% share of total imports. Moreover, coated arc-welding electrode imports from Turkey exceeded the figures recorded by the second-largest supplier, Hungary (X tons), threefold. The third position in this ranking was held by Austria (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Austria (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of coated base metal electrodes for electric arc-welding to Morocco, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

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

Import Prices by Country

In 2022, the average coated arc-welding electrode import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The import price peaked at $X per ton in 2012; however, from 2013 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 Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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