Report Update Nov 1, 2024

Morocco - Granite (Crude) - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Crude Granite Market 2024

Crude Granite Market Size in Morocco

The Moroccan crude granite market reduced dramatically to $X in 2022, which is down by -32.2% 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). In general, consumption continues to indicate a deep downturn. Crude granite consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Crude Granite Exports

Exports from Morocco

In 2022, exports of granite (crude) from Morocco reduced rapidly to X tons, which is down by -41.8% compared with 2021 figures. In general, exports, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2013 with an increase of 14,318% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, crude granite exports contracted notably to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of 19,200%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for crude granite exports from Morocco, accounting for a 71% share of total exports. Moreover, crude granite exports to Canada exceeded the volume sent to the second major destination, Spain (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at +398.2%.

In value terms, Spain ($X) and Canada ($X) constituted the largest markets for crude granite exported from Morocco worldwide.

Spain, with a CAGR of +2.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average crude granite export price amounted to $X per ton, surging by 12% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 97%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a 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 Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+404.2%).

Crude Granite Imports

Imports into Morocco

In 2022, crude granite imports into Morocco dropped markedly to X tons, falling by -33.4% against the year before. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 436%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, crude granite imports reduced dramatically to $X in 2022. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 277% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest crude granite supplier to Morocco, with a 60% share of total imports. Moreover, crude granite imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. France (X tons) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+0.6% per year) and France (-9.8% per year).

In value terms, China ($X) constituted the largest supplier of granite (crude) to Morocco, comprising 58% of total imports. The second position in the ranking was held by Portugal ($X), with a 14% share of total imports. It was followed by France, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-3.1% per year) and France (-16.6% per year).

Import Prices by Country

The average crude granite import price stood at $X per ton in 2022, picking up by 1.7% against the previous year. In general, the import price, however, showed a noticeable descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 39% 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 remained at a lower figure.

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 India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granite (crude) in the world?

The countries with the highest volumes of in 2021 were Ukraine, China and the United States, with a combined 38% share of global consumption. India, Indonesia, Japan, Pakistan, Nigeria, Brazil, the UK, Mexico, Poland and South Korea lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of granite (crude) in the world?

The countries with the highest volumes of in 2021 were Ukraine, China and India, together accounting for 39% of global production.

What are the leading suppliers of granite (crude) to Morocco?

In value terms, China, Spain and Portugal appeared to be the largest crude granite suppliers to Morocco, with a combined 89% share of total imports. India and Italy lagged somewhat behind, together comprising a further 11%.

What are the leading importers of granite (crude) from Morocco?

In value terms, Spain remains the key foreign market for crude granite exports from Morocco, comprising 96% of total exports. The second position in the ranking was occupied by the Netherlands $157), with a 3.5% share of total exports.

What is the average export price for granite (crude) in Morocco?

In 2021, the average crude granite export price amounted to $318 per ton, with a decrease of -45.2% against the previous year.

What is the average import price for granite (crude) in Morocco?

In 2021, the average crude granite import price amounted to $227 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the crude granite market 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 08111233 - Granite, crude or roughly trimmed

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023