Report Update Nov 1, 2024

Morocco - Iron or Steel Parts of Articulated Link Chain - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Market for Iron Or Steel Parts Of Articulated Link Chain 2024

Market Size for Iron Or Steel Parts Of Articulated Link Chain in Morocco

In 2021, the Moroccan metal link chain parts market increased by 42% to $X, rising for the fourth consecutive year after three years of decline. In general, consumption continues to indicate buoyant growth. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Exports of Iron Or Steel Parts Of Articulated Link Chain

Exports from Morocco

In 2021, shipments abroad of iron or steel parts of articulated link chain decreased by -75% to X kg for the first time since 2017, thus ending a three-year rising trend. Overall, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 419%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal link chain parts exports declined notably to $X in 2021. In general, exports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2015 when exports increased by 470%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cameroon (X kg) was the main destination for metal link chain parts exports from Morocco, accounting for a 86% share of total exports. Moreover, metal link chain parts exports to Cameroon exceeded the volume sent to the second major destination, Senegal (X kg), more than tenfold. The third position in this ranking was taken by the United States (X kg), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume to Cameroon totaled +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+22.0% per year) and the United States (+34.1% per year).

In value terms, the United States ($X), Cameroon ($X) and Senegal ($X) were the largest markets for metal link chain parts exported from Morocco worldwide, with a combined 98% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +131.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average metal link chain parts export price amounted to $X per ton, rising by 205% against the previous year. Over the period under review, the export price saw a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the average price for exports to Senegal ($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 the United States (+76.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron Or Steel Parts Of Articulated Link Chain

Imports into Morocco

Metal link chain parts imports into Morocco surged to X tons in 2021, increasing by 76% against 2020 figures. In general, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal link chain parts imports skyrocketed to $X in 2021. Overall, imports showed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 53% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), China (X tons) and Turkey (X tons) were the main suppliers of metal link chain parts imports to Morocco, together accounting for 13% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +20.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of iron or steel parts of articulated link chain to Morocco, comprising 10% of total imports. The second position in the ranking was held by Turkey ($X), with a 3.3% share of total imports. It was followed by France, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+24.1% per year) and France (-10.4% per year).

Import Prices by Country

In 2021, the average metal link chain parts import price amounted to $X per ton, falling by -32.3% against the previous year. Overall, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 35%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 Norway ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel parts of articulated link chain in the world?

China remains the largest metal link chain parts consuming country worldwide, accounting for 24% of total volume. Moreover, metal link chain parts consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with an 8.3% share.

What are the largest producers of iron or steel parts of articulated link chain in the world?

China remains the largest metal link chain parts producing country worldwide, accounting for 51% of total volume. Moreover, metal link chain parts production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The third position in this ranking was occupied by Germany, with a 4.3% share.

What are the leading suppliers of iron or steel parts of articulated link chain to Morocco?

In value terms, Germany constituted the largest supplier of metal link chain parts to Morocco, comprising 53% of total imports. The second position in the ranking was occupied by Spain, with a 12% share of total imports. It was followed by China, with a 7.7% share.

What are the leading importers of iron or steel parts of articulated link chain from Morocco?

In value terms, Cote d'Ivoire $34) remains the key foreign market for metal link chain parts exports from Morocco, comprising 97% of total exports. The second position in the ranking was occupied by Mauritania $1), with a 2.9% share of total exports.

What is the average export price for iron or steel parts of articulated link chain in Morocco?

In 2020, the average metal link chain parts export price amounted to $3,889 per ton, which is down by -77.9% against the previous year.

What is the average import price for iron or steel parts of articulated link chain in Morocco?

In 2020, the average metal link chain parts import price amounted to $10,181 per ton, reducing by -6.4% against the previous year.

This report provides an in-depth analysis of the market for metal link chain parts 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 28153200 - Iron or steel parts of articulated link chain

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