Morocco - Glass in the Mass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMorocco: Market for Glass in The Mass 2024
Market Size for Glass in The Mass in Morocco
In 2022, after three years of growth, there was significant decline in the Moroccan glass in the mass market, when its value decreased by -31.7% to $X. Over the period under review, consumption, however, enjoyed significant growth. Glass in the mass consumption peaked at $X in 2021, and then reduced notably in the following year.
Production of Glass in The Mass in Morocco
In value terms, glass in the mass production rose modestly to $X in 2022 estimated in export price. In general, production, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.
Exports of Glass in The Mass
Exports from Morocco
In 2022, exports of glass in the mass from Morocco surged to X tons, picking up by 65% compared with the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 100%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, glass in the mass exports skyrocketed to $X in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 344% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
Exports by Country
The Netherlands (X tons), France (X tons) and Spain (X tons) were the main destinations of glass in the mass exports from Morocco, with a combined 99.9% share of total exports.
From 2013 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +687.2%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, the Netherlands ($X) remains the key foreign market for glass in the mass exports from Morocco, comprising 95% of total exports. The second position in the ranking was taken by France ($X), with a 5.1% share of total exports.
From 2013 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +895.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+371.6% per year) and Spain (-16.3% per year).
Export Prices by Country
The average glass in the mass export price stood at $X per ton in 2022, jumping by 130% against the previous year. In general, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+26.5%), while the prices for the other major destinations experienced a decline.
Imports of Glass in The Mass
Imports into Morocco
After three years of growth, purchases abroad of glass in the mass decreased by -7.9% to X tons in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2017 when imports increased by 5,477% against the previous year. Imports peaked at X tons in 2021, and then reduced in the following year.
In value terms, glass in the mass imports skyrocketed to $X in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 2,617%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Imports by Country
In 2022, Belgium (X tons) was the main supplier of glass in the mass to Morocco, with a 95% share of total imports. It was followed by Togo (X tons), with a 2.2% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled +29.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Togo (+127.7% per year) and Spain (0.0% per year).
In value terms, Belgium ($X) constituted the largest supplier of glass in the mass to Morocco, comprising 86% of total imports. The second position in the ranking was taken by Spain ($X), with a 5.8% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Belgium stood at +35.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (0.0% per year) and Togo (+125.9% per year).
Import Prices by Country
In 2022, the average glass in the mass import price amounted to $X per ton, increasing by 36% against the previous year. Over the period under review, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 922% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.3%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for glass in the mass in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23191110 - Glass in the mass (excluding glass in the form of powder, g ranules or flakes)
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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