Morocco: Market for Chamois, Patent and Combination Leather 2024

Market Size for Chamois, Patent and Combination Leather in Morocco

In 2022, the Moroccan market for chamois, patent and combination leather increased by 30% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption, however, saw a pronounced descent. Chamois, patent and combination leather consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Chamois, Patent and Combination Leather in Morocco

In value terms, chamois, patent and combination leather production soared to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 197%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Chamois, Patent and Combination Leather

Exports from Morocco

Chamois, patent and combination leather exports from Morocco soared to X square meters in 2022, surging by 57% compared with 2021 figures. In general, exports enjoyed a notable expansion. The growth pace was the most rapid in 2018 with an increase of 134%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, chamois, patent and combination leather exports skyrocketed to $X in 2022. Overall, exports showed prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by 118% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Italy (X square meters) was the main destination for chamois, patent and combination leather exports from Morocco, with a 87% share of total exports. Moreover, chamois, patent and combination leather exports to Italy exceeded the volume sent to the second major destination, Spain (X square meters), more than tenfold. The third position in this ranking was taken by Mauritania (X square meters), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-2.6% per year) and Mauritania (+160.7% per year).

In value terms, Italy ($X) remains the key foreign market for chamois, patent and combination leather exports from Morocco, comprising 88% of total exports. The second position in the ranking was taken by Spain ($X), with a 9.3% share of total exports. It was followed by France, with a 0.9% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-2.8% per year) and France (-27.2% per year).

Export Prices by Country

The average export price for chamois, patent and combination leather stood at $X per square meter in 2022, falling by -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2017 an increase of 34%. As a result, the export price reached the peak level of $X per square meter. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per square meter), while the average price for exports to Mauritania ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chamois, Patent and Combination Leather

Imports into Morocco

In 2022, purchases abroad of chamois, patent and combination leather increased by 40% to X square meters, rising for the second consecutive year after two years of decline. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, chamois, patent and combination leather imports soared to $X in 2022. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by 123%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X square meters) constituted the largest chamois, patent and combination leather supplier to Morocco, accounting for a 73% share of total imports. Moreover, chamois, patent and combination leather imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X square meters), fourfold. Portugal (X square meters) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+18.3% per year) and Portugal (+5.0% per year).

In value terms, Spain ($X) constituted the largest supplier of chamois, patent and combination leather to Morocco, comprising 65% of total imports. The second position in the ranking was taken by Italy ($X), with a 25% share of total imports. It was followed by Portugal, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.9% per year) and Portugal (-7.5% per year).

Import Prices by Country

In 2022, the average import price for chamois, patent and combination leather amounted to $X per square meter, dropping by -6.3% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the peak figure at $X per square meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per square meter), while the price for Spain ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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