Morocco: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Morocco

The Moroccan chain scoops and sliders market declined modestly to $X in 2022, dropping by -2.7% 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). The market value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Morocco

In 2022, shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips decreased by -37.4% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of 392% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, chain scoops and sliders exports dropped notably to $X in 2022. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 242%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Tunisia (X tons) was the main destination for chain scoops and sliders exports from Morocco, with a 87% share of total exports. Moreover, chain scoops and sliders exports to Tunisia exceeded the volume sent to the second major destination, Spain (X kg), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tunisia totaled +24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-2.2% per year) and Italy (-34.9% per year).

In value terms, Tunisia ($X) emerged as the key foreign market for chain scoops, sliders, runners, end pieces and narrow strips exports from Morocco, comprising 71% of total exports. The second position in the ranking was held by Spain ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Tunisia amounted to +15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+5.2% per year) and Italy (-47.2% per year).

Export Prices by Country

The average chain scoops and sliders export price stood at $X per ton in 2022, which is down by -40.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2014 an increase of 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Italy ($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 (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Morocco

Chain scoops and sliders imports into Morocco dropped slightly to X tons in 2022, leveling off at 2021 figures. Over the period under review, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +31.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, chain scoops and sliders imports shrank to $X in 2022. The total import value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest chain scoops and sliders supplier to Morocco, with a 85% share of total imports. Moreover, chain scoops and sliders imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Indonesia (X tons) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.3% per year) and Indonesia (+3.2% per year).

In value terms, China ($X) constituted the largest supplier of chain scoops, sliders, runners, end pieces and narrow strips to Morocco, comprising 52% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by Egypt, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.3% per year) and Egypt (+32.6% per year).

Import Prices by Country

In 2022, the average chain scoops and sliders import price amounted to $X per ton, with a decrease of -3% against the previous year. Over the period under review, the import price showed a perceptible reduction. The growth pace was the most rapid in 2013 when the average import price increased by 17%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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