Morocco: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2025

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Morocco

In 2021, the Moroccan market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders increased by 17% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Morocco

In 2021, after three years of decline, there was significant growth in shipments abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, when their volume increased by 280% to X tons. Overall, exports, however, recorded a deep contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2021. In general, exports, however, showed a sharp reduction. The growth pace was the most rapid in 2017 when exports increased by 186% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Cameroon (X tons), Senegal (X tons) and Spain (X tons) were the main destinations of exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Morocco, together comprising 91% 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 Senegal (with a CAGR of +56.5%), while the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Cameroon ($X) and Spain ($X) appeared to be the largest markets for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exported from Morocco worldwide, with a combined 83% share of total exports.

Senegal, with a CAGR of +58.7%, saw 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 more modest paces of growth.

Export Prices by Country

In 2021, the average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X per ton, falling by -38.2% against the previous year. In general, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 190%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 the UK (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Morocco

In 2021, overseas purchases of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by -13.3% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 274%. Over the period under review, imports of attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2021. Overall, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 159% against the previous year. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Austria (X tons) and Saudi Arabia (X tons) were the main suppliers of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Morocco, together accounting for 20% of total imports. These countries were followed by Italy, the Netherlands, Germany, the UK, China, France, the Czech Republic and Spain, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +81.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders suppliers to Morocco were Italy ($X), Austria ($X) and Saudi Arabia ($X), with a combined 18% share of total imports. The UK, Germany, the Netherlands, Turkey, France, China, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 11%.

Among the main suppliers, the Netherlands, with a CAGR of +79.7%, recorded the highest rates of growth with regard to 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

The average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per ton in 2021, increasing by 98% against the previous year. Over the period under review, the import price, however, showed a slight decrease. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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