Morocco: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in Morocco

The Moroccan chemical contraceptive preparations market contracted markedly to $X in 2021, waning by -19.5% 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). Over the period under review, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -35.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Chemical Contraceptive Preparations Exports

Exports from Morocco

In 2021, shipments abroad of chemical contraceptive preparations based on hormones or spermicides was finally on the rise to reach X kg for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a dramatic decline. The pace of growth was the most pronounced in 2018 when exports increased by 400%. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, chemical contraceptive preparations exports shrank to $X in 2021. Overall, exports, however, recorded a precipitous decline. The pace of growth was the most pronounced in 2018 with an increase of 518%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mauritania (X kg) was the main destination for chemical contraceptive preparations exports from Morocco, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mauritania amounted to -28.5%.

In value terms, Mauritania ($X) also remains the key foreign market for chemical contraceptive preparations based on hormones or spermicides exports from Morocco.

From 2012 to 2021, the average annual rate of growth in terms of value to Mauritania amounted to -38.6%.

Export Prices by Country

The average chemical contraceptive preparations export price stood at $X per ton in 2021, with a decrease of -18.2% against the previous year. Overall, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 32%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2021, the rate of growth in terms of prices for Mauritania amounted to -14.0% per year.

Chemical Contraceptive Preparations Imports

Imports into Morocco

Chemical contraceptive preparations imports into Morocco contracted dramatically to X tons in 2021, with a decrease of -22.8% on the year before. Overall, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by 86%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, chemical contraceptive preparations imports declined markedly to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 45% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of chemical contraceptive preparations imports to Morocco, with a combined 50% share of total imports. These countries were followed by Spain, India, Ireland and France, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +29.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chemical contraceptive preparations suppliers to Morocco were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined 51% share of total imports. Spain, India, France and Ireland lagged somewhat behind, together accounting for a further 12%.

India, with a CAGR of +35.8%, recorded the highest growth rate of the value of imports, in terms of 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 chemical contraceptive preparations import price stood at $X per ton in 2021, with an increase of 6.8% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2020 when the average import price increased by 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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