Morocco: Color Printing Ink Market 2025

Color Printing Ink Market Size in Morocco

In 2022, the Moroccan color printing ink market increased by 10% to $X, rising for the second year in a row after four years of decline. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +10.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +44.7% against 2020 indices. Color printing ink consumption peaked in 2022 and is expected to retain growth in years to come.

Color Printing Ink Exports

Exports from Morocco

In 2022, overseas shipments of color printing ink increased by 33% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 1,147% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, color printing ink exports surged to $X in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 2,064% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Senegal (X tons), Cote d'Ivoire (X tons) and Mauritania (X tons) were the main destinations of color printing ink exports from Morocco, together accounting for 87% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +123.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for color printing ink exported from Morocco were Senegal ($X), Spain ($X) and Cote d'Ivoire ($X), with a combined 79% share of total exports.

Cote d'Ivoire, with a CAGR of +60.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average color printing ink export price stood at $X per ton in 2022, remaining constant against the previous year. Overall, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of 314%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Gabon ($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 the United Arab Emirates (+426.4%), while the prices for the other major destinations experienced more modest paces of growth.

Color Printing Ink Imports

Imports into Morocco

In 2022, color printing ink imports into Morocco expanded rapidly to X tons, surging by 13% compared with the previous year. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.7% 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 +35.9% against 2020 indices. The pace of growth was the most pronounced in 2014 when imports increased by 35%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, color printing ink imports stood at $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +10.5% 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 +46.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 46%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Spain (X tons), France (X tons) and Turkey (X tons) were the main suppliers of color printing ink imports to Morocco, with a combined 55% share of total imports. Germany, Luxembourg, Switzerland, Jordan, China, Italy, Poland, the UK and the Netherlands lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +52.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Spain ($X) and France ($X) constituted the largest color printing ink suppliers to Morocco, with a combined 57% share of total imports.

In terms of the main suppliers, Switzerland, with a CAGR of +49.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average color printing ink import price stood at $X per ton in 2022, reducing by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2013 when the average import price increased by 14%. Over the period under review, average import prices reached the maximum at $X per ton 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 Switzerland ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform