Report Update Nov 1, 2024

Morocco - MDF - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Mdf Market 2024

Mdf Market Size in Morocco

The Moroccan MDF market soared to $X in 2021, with an increase of 72% against the previous year. Overall, consumption continues to indicate a significant expansion. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the immediate term.

Mdf Production in Morocco

In value terms, MDF production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 37%. Production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Mdf Exports

Exports from Morocco

MDF exports from Morocco skyrocketed to X cubic meters in 2021, rising by 29% compared with the previous year's figure. Over the period under review, exports recorded a prominent increase. The growth pace was the most rapid in 2016 when exports increased by 4,800%. The exports peaked at X cubic meters in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, MDF exports surged to $X in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 6,803%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X cubic meters), Algeria (X cubic meters) and France (X cubic meters) were the main destinations of MDF exports from Morocco.

From 2012 to 2021, the biggest increases were recorded for Mauritania (with a CAGR of +41.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), France ($X) and Cote d'Ivoire ($X) constituted the largest markets for MDF exported from Morocco worldwide, with a combined 70% share of total exports.

Among the main countries of destination, Algeria, with a CAGR of +116.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average MDF export price amounted to $X per cubic meter, increasing by 15% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 an increase of 183% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Germany ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Mdf Imports

Imports into Morocco

In 2021, approx. X cubic meters of MDF were imported into Morocco; picking up by 72% compared with 2020. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, MDF imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X cubic meters) constituted the largest MDF supplier to Morocco, accounting for a 43% share of total imports. Moreover, MDF imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X cubic meters), threefold. The third position in this ranking was taken by Portugal (X cubic meters), with a 7.9% share.

From 2015 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +63.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+5.1% per year) and Portugal (+6.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of MDF to Morocco, comprising 41% of total imports. The second position in the ranking was held by Spain ($X), with a 14% share of total imports. It was followed by Portugal, with a 7.9% share.

From 2015 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +56.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+11.8% per year) and Portugal (+11.5% per year).

Import Prices by Country

The average MDF import price stood at $X per cubic meter in 2021, rising by 15% against the previous year. Over the period from 2015 to 2021, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per cubic meter), while the price for Brazil ($X per cubic meter) was amongst the lowest.

From 2015 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.6%), 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 mdf in the world?

China remains the largest mdf consuming country worldwide, comprising approx. 51% of total volume. Moreover, mdf consumption in China exceeded the figures recorded by the second-largest consumer, the United States, more than tenfold. The third position in this ranking was occupied by Brazil, with a 4.1% share.

What are the largest producers of mdf in the world?

The country with the largest volume of mdf production was China, accounting for 52% of total volume. Moreover, mdf production in China exceeded the figures recorded by the second-largest producer, Brazil, more than tenfold. Turkey ranked third in terms of total production with a 4.6% share.

What are the leading suppliers of mdf to Morocco?

In value terms, the largest mdf suppliers to Morocco were Turkey, Spain and Portugal, with a combined 85% share of total imports.

What are the leading importers of mdf from Morocco?

In value terms, France emerged as the key foreign market for mdf exports from Morocco, comprising 60% of total exports. The second position in the ranking was occupied by Algeria, with a 22% share of total exports. It was followed by the United States, with an 8.1% share.

What is the average export price for mdf in Morocco?

In 2021, the average mdf export price amounted to $682 per cubic meter, reducing by -54% against the previous year.

What is the average import price for mdf in Morocco?

In 2021, the average mdf import price amounted to $391 per cubic meter, with a decrease of -1.9% against the previous year.

This report provides an in-depth analysis of the mdf 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:

FCL 1648 - MDF/HDF

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