Morocco: Market for Coniferous Wood In The Rough 2024

Market Size for Coniferous Wood In The Rough in Morocco

The Moroccan market for coniferous wood in the rough shrank significantly to $X in 2022, which is down by -20.7% against the previous year. In general, consumption saw a abrupt descent. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Coniferous Wood In The Rough in Morocco

In value terms, coniferous wood in the rough production shrank notably to $X in 2022 estimated in export price. Over the period under review, production saw a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 254% against the previous year. Coniferous wood in the rough production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Coniferous Wood In The Rough

Exports from Morocco

In 2022, overseas shipments of coniferous wood in the rough were finally on the rise to reach X cubic meters for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, exports, however, saw a sharp decline. Over the period under review, the coniferous wood in rough exports reached the maximum at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, coniferous wood in the rough exports rose remarkably to $X in 2022. In general, exports, however, recorded a dramatic shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal (X cubic meters) was the main destination for coniferous wood in the rough exports from Morocco, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Senegal stood at -25.3%.

In value terms, Senegal ($X) remains the key foreign market for coniferous wood in the rough exports from Morocco, comprising 98% of total exports. The second position in the ranking was held by Spain ($X), with a 1.1% share of total exports. It was followed by Mauritania, with a 0.5% share.

From 2012 to 2022, the average annual growth rate of value to Senegal stood at -33.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-36.1% per year) and Mauritania (-59.1% per year).

Export Prices by Country

The average export price for coniferous wood in the rough stood at $X per cubic meter in 2022, rising by 3.2% against the previous year. In general, the export price, however, saw a abrupt descent. The growth pace was the most rapid in 2013 when the average export price increased by 3.2% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per cubic meter), while the average price for exports to Bahrain ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Coniferous Wood In The Rough

Imports into Morocco

After five years of growth, purchases abroad of coniferous wood in the rough decreased by -0.3% to X cubic meters in 2022. The total import volume increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 13% against the previous year. Over the period under review, coniferous wood in rough imports attained the maximum at X cubic meters in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, coniferous wood in the rough imports reached $X in 2022. Overall, imports saw a mild decline. The pace of growth was the most pronounced in 2013 when imports increased by 9.4% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X cubic meters) constituted the largest supplier of coniferous wood in the rough to Morocco, accounting for a 83% share of total imports. Moreover, coniferous wood in the rough imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X cubic meters), eightfold. Poland (X cubic meters) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +24.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-12.1% per year) and Poland (-19.0% per year).

In value terms, France ($X) constituted the largest supplier of coniferous wood in the rough to Morocco, comprising 64% of total imports. The second position in the ranking was held by Spain ($X), with a 9.7% share of total imports. It was followed by Belgium, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from France totaled +20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.2% per year) and Belgium (-14.8% per year).

Import Prices by Country

In 2022, the average import price for coniferous wood in the rough amounted to $X per cubic meter, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a perceptible descent. The import price peaked at $X per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per cubic meter), while the price for France ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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