Morocco: Industrial Roundwood (Non-Coniferous) Market 2025

Industrial Roundwood (Non-Coniferous) Market Size in Morocco

The Moroccan industrial roundwood (non-coniferous) market declined to $X in 2022, waning by -11.8% against the previous year. Over the period under review, consumption saw a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Industrial Roundwood (Non-Coniferous) Production in Morocco

In value terms, industrial roundwood (non-coniferous) production contracted markedly to $X in 2022 estimated in export price. In general, production, however, recorded resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 1,747% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, (non-coniferous) production growth remained at a lower figure.

Industrial Roundwood (Non-Coniferous) Exports

Exports from Morocco

Industrial roundwood (non-coniferous) exports from Morocco rose modestly to X cubic meters in 2022, growing by 4.8% compared with the year before. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 433% against the previous year. The exports peaked at X cubic meters in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, industrial roundwood (non-coniferous) exports soared to $X in 2022. Overall, exports recorded a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 348%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X cubic meters) was the main destination for industrial roundwood (non-coniferous) exports from Morocco, with a 73% share of total exports. Moreover, industrial roundwood (non-coniferous) exports to France exceeded the volume sent to the second major destination, Russia (X cubic meters), fourfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to France stood at +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and Spain (0.0% per year).

In value terms, France ($X), Russia ($X) and Spain ($X) appeared to be the largest markets for industrial roundwood (non-coniferous) exported from Morocco worldwide.

France, with a CAGR of +0.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial roundwood (non-coniferous) export price stood at $X per cubic meter in 2022, growing by 52% against the previous year. Over the period under review, the export price, however, recorded a noticeable setback. The growth pace was the most rapid in 2018 when the average export price increased by 192%. As a result, the export price reached the peak level of $X per cubic meter. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per cubic meter), while the average price for exports to France ($X per cubic meter) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+25.5%), while the prices for the other major destinations experienced a decline.

Industrial Roundwood (Non-Coniferous) Imports

Imports into Morocco

In 2022, the amount of industrial roundwood imported into Morocco skyrocketed to X cubic meters, growing by 71% against 2021. In general, imports, however, faced a dramatic downturn. Imports peaked at X cubic meters in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, industrial roundwood (non-coniferous) imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a sharp downturn. Over the period under review, (non-coniferous) imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X cubic meters) constituted the largest supplier of industrial roundwood (non-coniferous) to Morocco, accounting for a 85% share of total imports. Moreover, industrial roundwood (non-coniferous) imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X cubic meters), tenfold. The third position in this ranking was held by Cameroon (X cubic meters), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at +161.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-18.9% per year) and Cameroon (-6.8% per year).

In value terms, Belgium ($X) constituted the largest supplier of industrial roundwood to Morocco, comprising 77% of total imports. The second position in the ranking was taken by Cameroon ($X), with a 10% share of total imports. It was followed by France, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from Belgium totaled +116.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Cameroon (-8.5% per year) and France (-21.1% per year).

Import Prices by Country

The average industrial roundwood (non-coniferous) import price stood at $X per cubic meter in 2022, declining by -12.8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 42%. As a result, import price attained the peak level of $X per cubic meter. From 2015 to 2022, the average import prices failed to regain momentum.

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 Cameroon ($X per cubic meter), while the price for France ($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 Spain (+20.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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