Morocco: Cutting Blade Market 2025

Cutting Blade Market Size in Morocco

In 2021, the Moroccan cutting blade market increased by 35% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cutting Blade Exports

Exports from Morocco

In 2021, cutting blade exports from Morocco surged to X tons, with an increase of 28% on the previous year's figure. Overall, exports saw a prominent increase. The pace of growth appeared the most rapid in 2015 when exports increased by 221% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, cutting blade exports surged to $X in 2021. In general, exports continue to indicate resilient growth. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X tons), Spain (X kg) and Germany (X kg) were the main destinations of cutting blade exports from Morocco, with a combined 80% share of total exports. Tunisia, Mali, Guinea, Democratic Republic of the Congo, France, Senegal and Angola lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Guinea (with a CAGR of +79.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for knives and cutting blades (for machines or for mechanical appliances) exports from Morocco, comprising 53% of total exports. The second position in the ranking was taken by Spain ($X), with a 17% share of total exports. It was followed by Democratic Republic of the Congo, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to +60.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+51.2% per year) and Democratic Republic of the Congo (0.0% per year).

Export Prices by Country

The average cutting blade export price stood at $X per ton in 2021, increasing by 75% against the previous year. Overall, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2016 an increase of 238% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the 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 Democratic Republic of the Congo ($X per ton), while the average price for exports to Germany ($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 Nigeria (+41.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cutting Blade Imports

Imports into Morocco

In 2021, after two years of decline, there was significant growth in purchases abroad of knives and cutting blades (for machines or for mechanical appliances), when their volume increased by 83% to X tons. Overall, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cutting blade imports surged to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 20% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest cutting blade supplier to Morocco, accounting for a 35% share of total imports. Moreover, cutting blade imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Turkey (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+11.0% per year) and Turkey (+17.3% per year).

In value terms, the largest cutting blade suppliers to Morocco were China ($X), Germany ($X) and Spain ($X), with a combined 46% share of total imports. These countries were followed by Italy, France, the United States, Turkey and Austria, which together accounted for a further 34%.

In terms of the main suppliers, Austria, with a CAGR of +23.3%, saw the highest rates of growth with regard to 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 cutting blade import price amounted to $X per ton, dropping by -35% against the previous year. In general, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 42% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped rapidly in the following year.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Turkey ($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 (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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