Morocco: Paperboard Case Material Market 2024

Paperboard Case Material Market Size in Morocco

In 2022, the Moroccan paperboard case material market increased by 57% to $X, rising for the second consecutive year after two years of decline. In general, consumption posted a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Paperboard Case Material Exports

Exports from Morocco

In 2022, the amount of paperboard case materials exported from Morocco skyrocketed to X tons, growing by 16% against the previous year's figure. In general, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 281%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, paperboard case material exports surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2014 when exports increased by 594% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for paperboard case material exports from Morocco, with a 61% share of total exports. Moreover, paperboard case material exports to Spain exceeded the volume sent to the second major destination, Senegal (X tons), threefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to -6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (-8.3% per year) and the United Arab Emirates (0.0% per year).

In value terms, Senegal ($X) remains the key foreign market for paperboard case materials exports from Morocco, comprising 49% of total exports. The second position in the ranking was taken by Spain ($X), with a 23% share of total exports. It was followed by the United Arab Emirates, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Senegal amounted to -9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-7.1% per year) and the United Arab Emirates (0.0% per year).

Export Prices by Country

In 2022, the average paperboard case material export price amounted to $X per ton, surging by 6.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 186% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 the United Arab Emirates ($X per ton), while the average price for exports to Spain ($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 Turkey (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.

Paperboard Case Material Imports

Imports into Morocco

In 2022, supplies from abroad of paperboard case materials increased by 41% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +10.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paperboard case material imports surged to $X in 2022. In general, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), the United States (X tons) and Finland (X tons) were the main suppliers of paperboard case material imports to Morocco, together accounting for 48% of total imports. Sweden, Germany, Poland, Russia, Egypt, France and Saudi Arabia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +59.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and Finland ($X) constituted the largest paperboard case material suppliers to Morocco, together comprising 48% of total imports. Sweden, Germany, Poland, Russia, Egypt, France and Saudi Arabia lagged somewhat behind, together comprising a further 40%.

Egypt, with a CAGR of +63.9%, recorded 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 paperboard case material import price stood at $X per ton in 2022, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2013 an increase of 20% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Sweden ($X per ton), while the price for Spain ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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