Morocco: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Morocco

The Moroccan market for cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2022, jumping by 18% 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 saw a remarkable increase. Consumption of peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Morocco

In 2022, exports of cellular plates, sheets and films of polyymers of styrene from Morocco skyrocketed to X tons, surging by 196% against 2021 figures. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 8,203% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene surged to $X in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 4,674% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Morocco, with a 84% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Mauritania exceeded the volume sent to the second major destination, Senegal (X tons), ninefold. France (X kg) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual growth rate of volume to Mauritania stood at +29.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (-6.7% per year) and France (+55.2% per year).

In value terms, Mauritania ($X) emerged as the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Morocco, comprising 78% of total exports. The second position in the ranking was held by Senegal ($X), with an 11% share of total exports. It was followed by France, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mauritania stood at +25.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (-17.0% per year) and France (+54.1% per year).

Export Prices by Country

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, waning by -9.3% against the previous year. Overall, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 1,757%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to Mauritania ($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 France (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Morocco

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene imported into Morocco rose notably to X tons, growing by 5.3% compared with the previous year. In general, imports showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 79%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene surged to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 80%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of polystyrene cellular plates, sheets and films to Morocco, accounting for a 75% share of total imports. Moreover, imports of cellular plates, sheets and films of polyymers of styrene from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), tenfold. The third position in this ranking was held by France (X tons), with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled +18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+59.2% per year) and France (+21.2% per year).

In value terms, Spain ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Morocco, comprising 66% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by France, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+43.9% per year) and France (+17.2% per year).

Import Prices by Country

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, picking up by 15% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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