Morocco: Metal Link Chain Market 2025

Metal Link Chain Market Size in Morocco

The Moroccan metal link chain market skyrocketed to $X in 2021, growing by 31% 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). Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Metal Link Chain Exports

Exports from Morocco

Metal link chain exports from Morocco soared to X tons in 2021, increasing by 686% compared with the year before. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 1,593%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, metal link chain exports surged to $X in 2021. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 1,131% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for metal link chain exports from Morocco, with a 54% share of total exports. Moreover, metal link chain exports to Italy exceeded the volume sent to the second major destination, France (X tons), twofold. Guinea (X kg) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +136.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-20.8% per year) and Guinea (+290.0% per year).

It was followed by Senegal, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at +96.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-26.5% per year) and Senegal (-24.1% per year).

Export Prices by Country

In 2021, the average metal link chain export price amounted to $X per ton, reducing by -1.6% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 243% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Senegal ($X per ton), while the average price for exports to Guinea ($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 Senegal (+0.6%), while the prices for the other major destinations experienced a decline.

Metal Link Chain Imports

Imports into Morocco

In 2021, approx. X tons of iron or steel articulated link chain were imported into Morocco; increasing by 26% against the year before. In general, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2019 when imports increased by 56%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, metal link chain imports soared to $X in 2021. Overall, imports continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2018 with an increase of 75% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest metal link chain supplier to Morocco, with a 55% share of total imports. Moreover, metal link chain imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+17.5% per year) and Germany (+18.2% per year).

In value terms, China ($X), Spain ($X) and France ($X) were the largest metal link chain suppliers to Morocco, with a combined 67% share of total imports. These countries were followed by Germany, Italy, the UK and Turkey, which together accounted for a further 26%.

Germany, with a CAGR of +12.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal link chain import price stood at $X per ton in 2021, increasing by 6.5% against the previous year. Overall, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2018 an increase of 46%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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