Morocco: Non-Cellular Polypropylene Film Market 2024

Non-Cellular Polypropylene Film Market Size in Morocco

The Moroccan non-cellular polypropylene film market soared to $X in 2021, jumping by 32% 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). In general, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +119.6% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Cellular Polypropylene Film Exports

Exports from Morocco

In 2021, the amount of non-cellular polypropylene films, sheets, foil and strip exported from Morocco soared to X tons, picking up by 61% on the previous year. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 3,627%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-cellular polypropylene film exports surged to $X in 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 3,319%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for non-cellular polypropylene film exports from Morocco, accounting for a 71% share of total exports. Moreover, non-cellular polypropylene film exports to Mauritania exceeded the volume sent to the second major destination, Turkey (X tons), fourfold. Senegal (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mauritania totaled +29.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Senegal (+53.6% per year).

In value terms, Mauritania ($X) remains the key foreign market for non-cellular polypropylene films, sheets, foil and strip exports from Morocco, comprising 70% of total exports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total exports. It was followed by Benin, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mauritania stood at +38.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Benin (0.0% per year).

Export Prices by Country

The average non-cellular polypropylene film export price stood at $X per ton in 2021, rising by 13% against the previous year. In general, the export price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 110% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Benin ($X per ton), while the average price for exports to Senegal ($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 Mauritania (+6.9%).

Non-Cellular Polypropylene Film Imports

Imports into Morocco

In 2021, imports of non-cellular polypropylene films, sheets, foil and strip into Morocco rose sharply to X tons, increasing by 13% against the previous year. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +84.9% against 2015 indices. The growth pace was the most rapid in 2019 with an increase of 20%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, non-cellular polypropylene film imports surged to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +118.0% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Saudi Arabia (X tons), Egypt (X tons) and the United Arab Emirates (X tons) were the main suppliers of non-cellular polypropylene film imports to Morocco, with a combined 67% share of total imports. Portugal, Spain, Indonesia, Turkey, Italy, France, China, India, Germany and Belgium lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +101.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular polypropylene film suppliers to Morocco were Saudi Arabia ($X), Egypt ($X) and the United Arab Emirates ($X), together comprising 61% of total imports. These countries were followed by Spain, Portugal, Turkey, Indonesia, Italy, Germany, France, China, India and Belgium, which together accounted for a further 33%.

India, with a CAGR of +105.6%, saw 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 non-cellular polypropylene film import price stood at $X per ton in 2021, increasing by 20% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($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 (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :