Morocco: Construction Sands Market 2024

Construction Sands Market Size in Morocco

The Moroccan construction sands market rose remarkably to $X in 2022, surging by 5.4% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Construction sands consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Construction Sands Production in Morocco

In value terms, construction sands production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 26% against the previous year. Construction sands production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Construction Sands Exports

Exports from Morocco

In 2022, the amount of construction sands exported from Morocco reduced markedly to X tons, falling by -88.6% compared with 2021. Over the period under review, exports faced a significant decrease. The pace of growth appeared the most rapid in 2014 with an increase of 62% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, construction sands exports reduced to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 when exports increased by 106%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for construction sands exports from Morocco, with a 93% share of total exports. Moreover, construction sands exports to Spain exceeded the volume sent to the second major destination, Turkey (X tons), more than tenfold. Cote d'Ivoire (X tons) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume to Spain amounted to -20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+6.3% per year) and Cote d'Ivoire (+63.4% per year).

In value terms, Spain ($X) remains the key foreign market for construction sands exports from Morocco, comprising 94% of total exports. The second position in the ranking was taken by Turkey ($X), with a 3.3% share of total exports. It was followed by Cote d'Ivoire, with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value to Spain totaled -5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-7.2% per year) and Cote d'Ivoire (+103.0% per year).

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, increasing by 733% against the previous year. In general, the export price showed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while the average price for exports to Portugal ($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 Portugal (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Sands Imports

Imports into Morocco

In 2022, approx. X tons of construction sands were imported into Morocco; dropping by -47.6% against 2021 figures. Over the period under review, imports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 40% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, construction sands imports dropped dramatically to $X in 2022. Overall, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of construction sands to Morocco, with a 55% share of total imports. Moreover, construction sands imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to -24.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-12.2% per year) and Italy (-7.7% per year).

In value terms, the largest construction sands suppliers to Morocco were Spain ($X), France ($X) and Italy ($X), with a combined 80% share of total imports. Belgium, the Netherlands, South Korea, Portugal and Turkey lagged somewhat behind, together accounting for a further 11%.

The Netherlands, with a CAGR of +13.6%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average construction sands import price amounted to $X per ton, shrinking by -29.5% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average import price increased by 97%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then declined remarkably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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