Morocco: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Morocco

The Moroccan market for boards, sheets, panels, tiles and similar articles of plaster not faced soared to $X in 2021, jumping by 30% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Morocco

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by 50% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth failed to regain momentum.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Morocco

In 2021, shipments abroad of boards, sheets, panels, tiles and similar articles of plaster not faced was finally on the rise to reach X square meters after three years of decline. Over the period under review, exports, however, continue to indicate a perceptible shrinkage. Over the period under review, the exports of attained the maximum at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 88% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

France (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Morocco, with a 94% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to France exceeded the volume sent to the second major destination, Guinea (X square meters), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to -2.8%.

In value terms, France ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from Morocco, comprising 92% of total exports. The second position in the ranking was held by Guinea ($X), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France amounted to +2.0%.

Export Prices by Country

The average export price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, growing by 5.1% against the previous year. In general, the export price enjoyed pronounced growth. The most prominent rate of growth was recorded in 2014 an increase of 93% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Guinea amounted to $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.0%).

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Morocco

Imports of boards, sheets, panels, tiles and similar articles of plaster not faced into Morocco soared to X square meters in 2021, with an increase of 67% compared with the previous year. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 329% against the previous year. Over the period under review, imports of hit record highs at X square meters in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. In general, imports saw a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by 134%. Over the period under review, imports of attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Algeria (X square meters), France (X square meters) and Spain (X square meters) were the main suppliers of imports of boards, sheets, panels, tiles and similar articles of plaster not faced to Morocco, together comprising 78% of total imports. These countries were followed by Turkey, Italy, Denmark and Germany, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +52.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced suppliers to Morocco were France ($X), Spain ($X) and Algeria ($X), together accounting for 74% of total imports.

France, with a CAGR of +36.5%, saw the highest growth rate of 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 import price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, falling by -7.5% against the previous year. In general, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 64%. The import price peaked at $X per square meter 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 Denmark ($X per square meter), while the price for Algeria ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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