Morocco: Wire And Cable Market 2025

Wire And Cable Market Size in Morocco

The Moroccan wire and cable market reached $X in 2021, picking up by 5.3% against the previous year. In general, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.1% 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 decreased by -6.1% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wire And Cable Production in Morocco

In value terms, wire and cable production rose significantly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 25% against the previous year. Wire and cable production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Wire And Cable Exports

Exports from Morocco

In 2021, wire and cable exports from Morocco amounted to X tons, picking up by 4.1% compared with the year before. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 131%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, wire and cable exports expanded remarkably to $X in 2021. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 79%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), France (X tons) and the UK (X tons) were the main destinations of wire and cable exports from Morocco, with a combined 66% share of total exports. These countries were followed by Italy, Mali, Senegal, Germany, Cote d'Ivoire, Sweden and Portugal, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +217.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and the UK ($X) appeared to be the largest markets for wire and cable exported from Morocco worldwide, with a combined 69% share of total exports. Italy, Germany, Sweden, Portugal, Mali, Senegal and Cote d'Ivoire lagged somewhat behind, together comprising a further 18%.

Italy, with a CAGR of +387.5%, saw the highest growth rate of 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 wire and cable export price stood at $X per ton in 2021, with an increase of 5% against the previous year. Over the period under review, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 9.9% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+53.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wire And Cable Imports

Imports into Morocco

In 2021, after three years of decline, there was growth in overseas purchases of insulated wire and cable, when their volume increased by 4.2% to X tons. Overall, imports recorded resilient growth. The growth pace was the most rapid in 2015 when imports increased by 87%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, wire and cable imports soared to $X in 2021. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 when imports increased by 94% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X tons), Portugal (X tons) and France (X tons) were the main suppliers of wire and cable imports to Morocco, with a combined 50% share of total imports. These countries were followed by Germany, China, Italy, Turkey, Japan, Hungary, the Czech Republic, Austria, the United States and Tunisia, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +86.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and Germany ($X) appeared to be the largest wire and cable suppliers to Morocco, with a combined 56% share of total imports. These countries were followed by Portugal, Italy, China, the United States, Hungary, Japan, the Czech Republic, Austria, Turkey and Tunisia, which together accounted for a further 36%.

Among the main suppliers, Japan, with a CAGR of +70.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wire and cable import price amounted to $X per ton, increasing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. The most prominent rate of growth was recorded in 2013 an increase of 17%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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