Morocco: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Morocco

In 2021, the Moroccan marble granules and powder market decreased by -1.2% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +30.5% against 2016 indices. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Production of Granules, Chippings And Powder Of Marble in Morocco

In value terms, marble granules and powder production dropped slightly to $X in 2021 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +33.4% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 33% against the previous year. Marble granules and powder production peaked at $X in 2020, and then declined slightly in the following year.

Exports of Granules, Chippings And Powder Of Marble

Exports from Morocco

Marble granules and powder exports from Morocco declined to X tons in 2021, waning by -7.6% compared with 2020. Over the period under review, exports recorded a drastic downturn. The growth pace was the most rapid in 2019 when exports increased by 399% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble granules and powder exports dropped notably to $X in 2021. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when exports increased by 430% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mauritania (X tons) was the main destination for marble granules and powder exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mauritania stood at -12.4%.

In value terms, Mauritania ($X) also remains the key foreign market for granules, chippings and powder of marble exports from Morocco.

From 2012 to 2021, the average annual growth rate of value to Mauritania totaled -5.1%.

Export Prices by Country

In 2021, the average marble granules and powder export price amounted to $X per ton, falling by -8.6% against the previous year. In general, the export price, however, saw prominent growth. The pace of growth appeared the most rapid in 2016 an increase of 54%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2021, the rate of growth in terms of prices for Mauritania amounted to +8.4% per year.

Imports of Granules, Chippings And Powder Of Marble

Imports into Morocco

In 2021, overseas purchases of granules, chippings and powder of marble decreased by -26.4% to X tons for the first time since 2015, thus ending a five-year rising trend. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 943%. Imports peaked at X tons in 2020, and then fell remarkably in the following year.

In value terms, marble granules and powder imports shrank remarkably to $X in 2021. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 1,686%. Over the period under review, imports attained the peak figure at $X in 2020, and then declined rapidly in the following year.

Imports by Country

In 2021, Greece (X tons) constituted the largest supplier of marble granules and powder to Morocco, with a 86% share of total imports. Moreover, marble granules and powder imports from Greece exceeded the figures recorded by the second-largest supplier, Spain (X tons), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Greece amounted to +65.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+90.2% per year) and France (+12.9% per year).

In value terms, Greece ($X) constituted the largest supplier of granules, chippings and powder of marble to Morocco, comprising 72% of total imports. The second position in the ranking was taken by Spain ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Greece amounted to +79.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+103.7% per year) and France (-3.9% per year).

Import Prices by Country

In 2021, the average marble granules and powder import price amounted to $X per ton, picking up by 10% against the previous year. Over the period under review, the import price, however, showed a sharp reduction. The pace of growth was the most pronounced in 2014 an increase of 341% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, 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 France ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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