Report Update Nov 1, 2024

Morocco - Carbides - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Carbides Market 2024

Carbides Market Size in Morocco

The Moroccan carbides market soared to $X in 2022, jumping by 35% 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, saw a relatively flat trend pattern. 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.

Carbides Exports

Exports from Morocco

In 2022, after two years of decline, there was decline in overseas shipments of carbides, when their volume decreased by 0% to X tons. Over the period under review, exports showed a strong expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, carbides exports totaled $X in 2022. In general, exports continue to indicate pronounced growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons) was the main destination for carbides exports from Morocco, with a approx. 100% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest.

From 2014 to 2022, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

In 2022, the average carbides export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.

Carbides Imports

Imports into Morocco

In 2022, supplies from abroad of carbides was finally on the rise to reach X tons after two years of decline. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 24% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, carbides imports skyrocketed to $X in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest carbides supplier to Morocco, with a 48% share of total imports. Moreover, carbides imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Slovakia (X tons), with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.7% per year) and Slovakia (+4.4% per year).

In value terms, Spain ($X) constituted the largest supplier of carbides to Morocco, comprising 50% of total imports. The second position in the ranking was held by China ($X), with a 23% share of total imports. It was followed by Slovakia, with an 18% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.6% per year) and Slovakia (+10.1% per year).

Import Prices by Country

In 2022, the average carbides import price amounted to $X per ton, increasing by 44% against the previous year. Overall, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per ton) and Russia ($X per ton), while the price for Slovakia ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbides in the world?

China remains the largest carbides consuming country worldwide, accounting for 32% of total volume. Moreover, carbides consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of carbides in the world?

China constituted the country with the largest volume of carbides production, comprising approx. 39% of total volume. Moreover, carbides production in China exceeded the figures recorded by the second-largest producer, India, threefold. Russia ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of carbides to Morocco?

In value terms, the largest carbides suppliers to Morocco were Spain, China and Slovakia, with a combined 85% share of total imports. Russia and Italy lagged somewhat behind, together comprising a further 14%.

What is the average export price for carbides in Morocco?

The average carbides export price stood at $1,227 per ton in 2019, approximately reflecting the previous year.

What is the average import price for carbides in Morocco?

In 2021, the average carbides import price amounted to $1,405 per ton, increasing by 56% against the previous year.

This report provides an in-depth analysis of the carbides market 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 20136450 - Carbides whether or not chemically defined

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