Report Update Nov 1, 2024

Morocco - Machinery for the Preparation or Making Up of Tobacco - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Morocco

The Moroccan tobacco making machinery market totaled $X in 2022, standing approx. at the previous year. Overall, consumption, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 when the market value decreased by -35.4%. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Tobacco Making Machinery Production in Morocco

In value terms, tobacco making machinery production stood at $X in 2022 estimated in export price. In general, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 97% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Tobacco Making Machinery Exports

Exports from Morocco

In 2022, overseas shipments of machinery for the preparation or making up of tobacco decreased by 0% to X units, falling for the second year in a row after four years of growth. Overall, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 170%. As a result, the exports reached the peak of X units; afterwards, it flattened through to 2022.

In value terms, tobacco making machinery exports amounted to $X in 2022. Over the period under review, exports recorded a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 61%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for tobacco making machinery exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -37.2%.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -44.5%.

Export Prices by Country

In 2022, the average tobacco making machinery export price amounted to $X per unit, standing approx. at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 a decrease of -40.3% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Senegal amounted to +1.4% per year.

Tobacco Making Machinery Imports

Imports into Morocco

In 2022, tobacco making machinery imports into Morocco reduced sharply to X units, waning by -96.3% on the year before. Overall, imports recorded a sharp slump. The smallest decline of -9.8% was in 2013. Over the period under review, imports reached the peak figure at X units in 2021, and then fell notably in the following year.

In value terms, tobacco making machinery imports shrank sharply to $X in 2022. Over the period under review, imports faced a precipitous shrinkage. The growth pace was the most rapid in 2013 when imports increased by 40% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of tobacco making machinery to Morocco, accounting for a 83% share of total imports. Moreover, tobacco making machinery imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +219.6%.

In value terms, the largest tobacco making machinery suppliers to Morocco were Turkey ($X) and China ($X).

In terms of the main suppliers, Turkey, with a CAGR of +200.7%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average tobacco making machinery import price amounted to $X per unit, waning by -72.8% against the previous year. In general, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2013 when the average import price increased by 55%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 China ($X per unit), while the price for Turkey totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for the preparation or making up of tobacco in the world?

The countries with the highest volumes of in 2021 were the United States, Italy and the UK, together accounting for 57% of global consumption. These countries were followed by Turkey, Croatia, the Dominican Republic, Germany, Belgium and Brazil, which together accounted for a further 14%.

What are the largest producers of machinery for the preparation or making up of tobacco in the world?

The country with the largest volume of tobacco making machinery production was Italy, comprising approx. 47% of total volume. Moreover, tobacco making machinery production in Italy exceeded the figures recorded by the second-largest producer, Germany, fivefold. The Netherlands ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of machinery for the preparation or making up of tobacco to Morocco?

In value terms, Italy constituted the largest supplier of tobacco making machinery to Morocco, comprising 85% of total imports. The second position in the ranking was occupied by Turkey, with a 6.4% share of total imports. It was followed by Spain, with a 5.3% share.

What is the average export price for machinery for the preparation or making up of tobacco in Morocco?

In 2020, the average tobacco making machinery export price amounted to $434 per unit, shrinking by -9.2% against the previous year.

What is the average import price for machinery for the preparation or making up of tobacco in Morocco?

In 2021, the average tobacco making machinery import price amounted to $152 per unit, reducing by -62% against the previous year.

This report provides an in-depth analysis of the tobacco making machinery market 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 28931900 - Machinery for the preparation or making up of tobacco

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