Morocco: Market for Wood Boxes, Crates and Cable Drums 2025

Market Size for Wood Boxes, Crates and Cable Drums in Morocco

The Moroccan market for wood boxes, crates and cable drums rose significantly to $X in 2022, with an increase of 7.4% 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). In general, consumption enjoyed a strong expansion. Wood box and cable drum consumption peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Wood Boxes, Crates and Cable Drums

Exports from Morocco

In 2022, approx. X units of wood boxes, crates and cable drums were exported from Morocco; rising by 57% against the year before. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2018 when exports increased by 272% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, wood box and cable drum exports surged to $X in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 338% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

France (X units) was the main destination for wood box and cable drum exports from Morocco, accounting for a 64% share of total exports. Moreover, wood box and cable drum exports to France exceeded the volume sent to the second major destination, Mauritania (X units), twofold. Spain (X units) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +47.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+75.3% per year) and Spain (+45.6% per year).

In value terms, France ($X) remains the key foreign market for wood boxes, crates and cable drums exports from Morocco, comprising 64% of total exports. The second position in the ranking was held by Mauritania ($X), with a 27% share of total exports. It was followed by Spain, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +53.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+82.5% per year) and Spain (+50.9% per year).

Export Prices by Country

In 2022, the average export price for wood boxes, crates and cable drums amounted to $X per unit, approximately reflecting the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood box and cable drum export price increased by +94.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $X per unit, leveling off in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Mauritania ($X per unit) and Portugal ($X per unit), while the average price for exports to Spain ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Boxes, Crates and Cable Drums

Imports into Morocco

In 2022, approx. X units of wood boxes, crates and cable drums were imported into Morocco; increasing by 34% compared with the year before. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 60% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, wood box and cable drum imports reached $X in 2022. In general, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 93% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Turkey (X units), Spain (X units) and France (X units) were the main suppliers of wood box and cable drum imports to Morocco, together accounting for 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +96.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood box and cable drum suppliers to Morocco were Turkey ($X), Spain ($X) and France ($X), with a combined 96% share of total imports.

Turkey, with a CAGR of +90.4%, recorded the highest rates of growth with regard to 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 wood boxes, crates and cable drums stood at $X per unit in 2022, falling by -24.5% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 an increase of 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per unit) and Spain ($X per unit), while the price for Germany ($X per unit) and Tunisia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (-2.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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